Subprime

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Hank Paulson Should Call John Doerr

Adam Hanft | Posted 09.24.2008 | Business

Read More: Government, Mortgages, Paulson, Bailout, Equity Positions, Equity, Economy, Cdos, Bernanke, Credit Default Swaps, Kleiner Perkins Caufield & Byers, Subprime, Free Market, Liquidity Crisis, Google, Doerr, Business News

More than Paulson, more than Bernanke, more than pretty much anyone in Washington I'd trust venture capitalist John Doerr to negotiate my stake in the bailout.

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Conflicted Out - Fannie and Freddie Should Serve Just One Master

Sheila Tendy | Posted 08.16.2008 | Business

Read More: Fannie Mae, Subprime Mortgage Market, Freddie Mac, Subprime, Subprime Mortgages, Subprime Loans, Subprime Mortgage Crisis, Business News

Why are Fannie Mae and Freddie Mac, both government-sponsored and backed by taxpayer dollars, still publicly traded?

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Survive Recession

Grant Cardone | Posted 08.06.2008 | Business

Read More: Finance, Debt Solutions, Banks, Economy, Subprime, Debt, Budget Deficit, Obama, Mccain, Cardone, Recession, Msnbc, USA Today, Paulson, The Fed, Debt Problems, Selling the Secret to Success, Finance Solutions, Business News

No matter how much cash the business or individual has, sooner or later you have to get your products and services funded by others through selling or you will burn through your cash

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'Da Nile:' Many Tuning Out the Economic Squeeze

Danny Schechter | Posted 08.05.2008 | Business

Read More: Denial, Stock Market, Subprime, Unemployment, Economic Crisis, 2008 Presidential Race, Business News

New York, August 4: We have all heard the line, 'DA NILE is not just a river in Egypt.' Denial can be a pervasive social and political phenomenon. So...

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The Great Depression Goes Viral

Scott Thill | Posted 07.01.2008 | Business

Read More: Great Depression, Subprime, Housing, Hedge Funds, Recession, Economy, Business News

The more people unplug from the Kool-Aid machine, the faster we can get past disaster capitalism and onto the next stage in our economic evolution, which is alternative energy -- I say economic evolution, but it might as well be our salvation.

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DOJ Missed Two Mortgage Crisis Culprits: Phil and Wendy Gramm

Paul Peete | Posted 06.24.2008 | Home

Read More: Arrests, Doj, Phil Gramm, Wendy Gramm, Mccain, Foreclosure, Bear Steanrs, Subprime, Home News

There are two central conservative movement players who are culpable in the Real Estate foreclosure; two more arrests to be made.

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What would Jesus do ... ?

David Horton | Posted 04.29.2008 | Politics

Read More: Katrina, Religion, Guns and God, Subprime, Politics News

When the subprime crisis began in America and people began to lose their homes, I was stunned by the reactions to any suggestion that the government m...

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Obama and His Subprime Supporters -- Are His Words For Real?

Gerald McEntee | Posted 03.27.2008 | Politics

Read More: Subprime, Obama, Goolsbee, Subprime Mortgage Crisis, Obama Subprime Market, Obama Subprime, Politics News

There's an important reason to doubt the Obama campaign's support for reform of the subprime lending industry: Contributors from the industry have provided more than a million dollars to his campaign.

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Wall Street's Crisis Hits Main Street

New York Times | Peter S. Goodman | Posted 03.21.2008 | Business

Read More: U.S. Economy, Credit Crisis, Wall Street, Home Prices, Subprime, Economic Slowdown, Recession, Recession Watch, FInancial Markets, Business News

In Seattle, sales at a long-established hardware store, Pacific Supply, are suddenly dipping. In Oklahoma City, couples planning their weddings are de...

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Econ 101: Credit Crunch For Dummies

ABC News | SCOTT MAYEROWITZ | Posted 03.21.2008 | Business

Read More: Liquidity, U.S. Economy, Stock Market, Collaterized Debt Obligations, Subprime, Recession, Real Estate, Credit Crunch, Economy, Business News

Is your head spinning these days trying follow what is going on with the economy? Subprime. Collateralized Debt Obligations. Liquidity. Every day it...

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HSBC's American Subprime Loan Write-Offs Hit $51 Million A Day

Times Online | Patrick Hosking | Posted 03.03.2008 | Business

Read More: Subprime Crisis, Hsbc, Subprime Loans, Subprime Mortgages, Subprime, Business News

HSBC has stepped up the rate at which it writes off loans to poor Americans to an unprecedented $51 million (£25.7 million) a day as the British bank...

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Bargain Hunters May Toss A Lifeline To Housing Market

Reuters | Lynn Adler | Posted 02.25.2008 | Business

Read More: Home Buyers, Housing Market, Housing Crisis, Subprime Mortgages, Subprime, Bargain Hunters, Economy, Business News

The distressed housing market should get a lift this spring as bargain prices lure prospective buyers out of hibernation, but tighter lending means no...

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Wall Street Faces Fury Over Subprimes

AP | MARK JEWELL | Posted 02.18.2008 | Business

Read More: Subprime, Subprime Mortgage Crisis, Subprime Mortgages, Wall Street, Regulators, Wall Street Regulators, Regulators Subprime Wall Street, Business News

BOSTON — Regulators are trying to punish Wall Street for mortgage finance practices that expanded home ownership and spread risk among a host of...

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How the Country Has Come to Find Itself in the Current Economic Mess

Leo W. Gerard | Posted 01.28.2008 | Business

Read More: Bush Economy, U.S. Economy, Housing Market, Subprime Mortgages, Economic Stimulus Package, Free Lunch, Stock Market, Subprime Mortgage Crisis, Economy, Subprime, Stimulus, Bush Stimulus Plan, Business News

Are we better than 30 years ago? The answer is a thundering no. The solution is not a piddling $150 billion fiscal stimulus package that helps those who don't need it much.

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"Subprime" Is Word Of The Year

AP | Sophia Tareen | Posted 01.06.2008 | Business

Read More: Subprime, Word of the Year, Waterboarding, Green, Googleganger, Facebook, Home Mortgages, Business News

Even the American Dialect Society knows how risky home mortgages are these days. The group of wordsmiths chose "subprime" as 2007's Word of the Year a...

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Devastation Coming to Your Neighborhood? Mortgage Crisis in Perspective

Linda Cronin-Gross | Posted 12.17.2007 | Business

Read More: Neighborhood Housing Services of New York City, Mortgage, Subprime Mortgages, Bronx, Housing, Neighborhood Housing Services, Subprime Mortgage Crisis, North Bronx, New York Times, Foreclosure, Housing Crisis, Subprime, New York City, Williamsbridge, Nhs, Business News

Neighborhoods that are being destroyed, at least in NYC, are the very neighborhoods that try so hard to "make it," but can't seem to catch a break for long.

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The Mortgage Crisis: Just Stop It

John Sweeney | Posted 12.06.2007 | Business

Read More: Labor, Afl-Cio, Foreclosure, Subprime, Mortgage, Sweeney, Economy, Business News

Right now, we need a moratorium on subprime mortgage foreclosures. Guaranteed, that will dam the flood of Americans losing their homes and their life savings.

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Housing Crash - Is Your Money Safe?

Dave Johnson | Posted 12.01.2007 | Business

Read More: Moeny Markets, Bubble, Housing Crash, Subprime, Business News

Fallout from the bursting of the housing bubble is rippling further and further out. In the last few days three state government funds have realized t...

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Bush Vows to Help Subprime Victims, Save the Suburbs: When Is a Non-Bailout Really a Bailout, and Why It's a Joke

Danny Schechter | Posted 09.02.2007 | Business

Read More: Foreclosure, Markets, Subprime, Bailout, Economy, Investment Banking, Business News

Last Friday, the president announced some modest, mild, limited intervention -- all terms used in the press -- to put a band aid on this subprime cancer, and whatever you do, don't call it a bail-out.

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