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Sub Prime Mortgage Crisis

The $20 Billion Gamble: The Greatest Coup in Financial History

Blake Fleetwood | Posted 11.17.2009 | Business

Read More: Sub-Prime, Goldman Sachs, Greg Zuckerman, Lehman Brothers, Bear Stearns, Hedge Fund, Lehman Brothers Bankruptcy, Sub-Prime Mortgage Crisis, Sub-Prime Mortgages, John Paulson, The Greatest Trade Ever, Citigroup, Real Estate Boom, Wall Street Journal, Business News
Blake Fleetwood

Paulson made his bets in late 2006 just as the sub-prime mortgage markets were starting to weaken. His timing was impeccable, as was his luck.

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Build More Autos Overseas: Marginalize More U.S. Families

Leo W. Gerard | Posted 06.19.2009 | Business

Read More: NewPage Corp., Ford Ranger, Usw, China, Chevy Silverado, Toyota Celica GT, Unemployment, General Motors, Copper, Nissan, Hurricane Katrina, Jim Henson, 9-11, U.S. Economy, Ge, Gm, Steelworkers, United Steelworkers, Congress, Hbo, Goodyear Tire, Keep It Made in America, Wall Street, Bush Administration, Molybdenum, Ball Corp., Molly, Fraggle Rock, Chino Mine, Sub-Prime Mortgage Crisis, Freeport McMoRan, Rubber Worker, Doozers, Auto Bailout, Fraggles, Business News
Leo W. Gerard

As I toured the U.S. last week on the 11-state, 32-city "Keep it Made in America" bus tour. I talked to unemployed manufacturing workers who are desperate.

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Voices Struggling to Be Heard: Access to Information and the World Bank

Chad Dobson | Posted 05.21.2009 | Business

Read More: G20 Summit, Economy, Multilateral Development Banks, g20-London, World Bank, Imf, Market Meltdown, Structural Adjustment Loans, Gordon Brown, Egypt, Bretton Woods System, Financial Crisis, Sub-Prime Mortgage Crisis, Freedom of Information, Ifi, Business News
Chad Dobson

An improved disclosure policy requires a shift in thinking and a new business approach from the World Bank.

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Tent Slums Spring Up in America

Jeffrey Feldman | Posted 04.16.2009 | Politics

Read More: Homelessness, Sub-Prime Mortgage Crisis, Slums, Economic Crisis, California, Politics News
Jeffrey Feldman

It is hard to tell if the newly dispossessed are all the victims of the subprime market. But whatever the actual demographics, the images and the stories are heartbreaking.

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Blame the Banks, Not Homeowners for Foreclosure Crisis: Obama's Plan is a Step in the Right Direction

C. Nicole Mason | Posted 03.26.2009 | Business

Read More: Economic Stimulus Package, Economy, Economic Crisis, Banking Crisis, Predatory Lending Practices, Homeowners, Sub-Prime Mortgage Crisis, Bank Bailout, Home Foreclosures, Housing Crisis, Business News
C. Nicole Mason

Many Americans bought their homes because they believed in the age old value of homeownership and thought it would make a sound investment.

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Europe's, China's carmakers ask for help; Waxman wins key Congressional post

Steve Parker | Posted 12.23.2008 | Business

Read More: House of Representatives, Congress, Chrysler, America, Ford Mustang, Rick Wagoner, Cars, Gas/Electric Hybrid, John Dingell, Ford, Clean Diesel, Chevy Silverado, Dodge Durango Hybrid, Los Angeles Auto Show, Chevy Malibu Hybrid, General Motors, Robert Nardelli, Japanese Cars, Washington, Detroit, Mercury Milan Hybrid, Michigan, Chrysler Aspen Hybrid, California, Ford Fusion Hybrid, Alan Mulally, Detroit Three, Chevrolet, Henry Waxman, Democrats, House Energy and Commerce Committee, Senate, ABC News, Angela Merkel, Sub-Prime Mortgage Crisis, Asian, Opel, European, Business News
Steve Parker

In a major win for all consumers, Democrats in the House of Representatives voted Thursday to put Rep. Henry Waxman of California in charge of a key p...

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The Olympics of the Swindles

Major R. Owens | Posted 11.28.2008 | Business

Read More: Wall Street Crash, Fdic, David Leonhardt, Credit Default Swaps, Semi-Nationalized Banks, S&L Riot, Subprime Mortgages, Congressional Bailout, Charles Keating, Henry Paulson, Financial Crisis, S&L Resolution Trust Corporation, Sub-Prime Mortgage Crisis, S&L Crisis, Savings and Loan Scandal, Economy, Seidman, Alan Greenspan, Week in Review, Business News
Major R. Owens

The present economic collapse, which will surely devour more than a trillion taxpayer dollars within the next six months, utilized an earlier model -- the Savings and Loans swindle.

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Too Much Spin

Janet Ritz | Posted 09.27.2008 | Politics

Read More: Politics, Democrat, The Environmentalist, Barack Obama, Economy, Middle Class, Negative Campaigning, Environment, Republican, Tax Cuts, Spin, Media, Sub-Prime Mortgage Crisis, 2008 Election, John McCain, Politics News
Janet Ritz

I was in a doctor's waiting room recently, listening to pundits on a big-screen TV, when a middle-aged man turned to me and stated: "Too much spin." ...

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Behind the Rise in Prices: The Plan to Torpedo the Dollar

Danny Schechter | Posted 05.27.2008 | Politics

Read More: Price of Oil, Dollar, China, Bush Administration, Economy, Bankers, Hank Paulson, Sub-Prime Mortgage Crisis, China Earthquake, Politics News
Danny Schechter

Paulson avoided a straight answer with a flurry of "uh, uh, uh," halting phrases and contradictory assertions.

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