Subprime Lending

FBI Increases What Already Is the Highest Incarceration Rate in the World

Martin Varsavsky | Posted 06.20.2008 | Business

Read More: Subprime Crisis, FBI Director Robert Mueller, Subprime Arrests, Subprime Mortgages, Subprime Lending, Business News

If people are going to jail for the subprime scandal, how about starting with the people at the Federal Reserve who were asleep at the wheel while the overlending took place?

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It's Time to Reregulate Business

Hale "Bonddad" Stewart | Posted 03.28.2008 | Business

Read More: Economy, Greenspan and Mortgage Crisis, Subprime Lending, Faa, Lead Paint Toys, FAA Southwest Airlines, Faa Safety Inspections, Federal Reserve, Regulation, Beef Recall, Sub Prime Lending Crisis, Toy Recalls, Southwest Airlines, Predatory Lending, Regulators Subprime Wall Street, Cpsc, Southwest Airlines Fine, Edward Gramlich, FAA Safety, Consumer Product Safety Commission, American Airlines, Airline Industry, Product Safety, Lending Practices, Sheila C. Bair, Wall Street Regulators, JP Morgan, American Airlines Cancels Flights, Deregulation, Southwest Safety, Product Recalls, American Airlines Inspections, Food Recall, Alan Greenspan, Meat Recall, Airlines, Canceled American Airlines Flights, Business News

Between toys that might kill our children, a food safety system that isn't working, airlines that might be flying unsafe airplanes, and our entire financial system, it's clear something isn't working.

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What About Main Street?

Washington Independent | Mary Kane | Posted 03.26.2008 | Business

Read More: Subprime Lending, JP Morgan, Wall Street, Consumer Advocates, Main Street, Shareholders, Subprime Loans, Federal Reserve, Bear Stearns, Bear Stearns Employees, Subprime Mortgages, Bear Stearns Shareholders, Business News

Now that JPMorganChase has raised its bid for Bear Stearns, angry shareholders seemed to have calmed down and Wall Street isn't as worried that the in...

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Billionaire Ross Eyes Ambac

Reuters Via CNBC | Posted 01.25.2008 | Business

Read More: Ambac Financial Group, Corporate Bonds, Subprime Lending, Bond Insurers, Wilbur Ross, Business News

Billionaire Wilbur Ross is in serious talks to take over Ambac Financial Group, according to a media report, but broader efforts to rescue the sector ...

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Legal Help in the Subprime Crisis

Rebekah Diller | Posted 01.09.2008 | Business

Read More: Anti-Predatory Lending Laws, Lawyers Fees, Subprime Mortgages, Predatory Lending, Subprime Lending, Decline of Legal Aid, Subprime Mortgage Crisis, Subprime Bailout, Legal Aid, Business News

The shortage of lawyers to help families facing foreclosure is just part of a widespread shortage of legal help for families of modest means.

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Cayne To Step Down As Bear Stearns CEO

CNBC | Charles Gasparino | Posted 01.08.2008 | Business

Read More: Subprime Bond Market, Cnbc, Banking, Subprime Lending, Bear Stearns, Alan Schwartz, James Cayne, Business News

James Cayne has resigned as chief executive officer of Bear Stearns, amid widespread concern over his management of the Wall Street firm that has been...

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"House Lust" Hits Home

Washington Post | Robert J. Samuelson | Posted 01.02.2008 | Business

Read More: Subprime Mortgagegs, Subprime Lending, Housing Collapse, House Lust, Business News

Down the block from my home, workmen are finishing a new house. It replaces a bungalow that had measured about 1,500 square feet. The new home has a c...

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Fed To Crack Down On Abusive Lending Practices

AP | Posted 12.15.2007 | Business

Read More: Federal Reserve, Lending Practices, Subprime Mortgages, Subprime Loans, Subprime Lending, Business News

People taking out home mortgages may gain new protections soon against shady lending practices as the Federal Reserve seeks to back even the riskiest ...

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Subprime Lenders Could Have Learned a Thing or Two From New York

Arva Rice | Posted 12.12.2007 | Business

Read More: Predatory Lending, Subprime Lending, How to Solve the Subprime Crisis, Subprime Mortgage Crisis, Bush Interest Rates, Freeze Interest Rates, Subprime Bailout, Foreclosure, Business News

Subprime lending institutions targeted low income people by selling them the promise of the American Dream, complete with a house and white picket fence. Yet, it pulled the rug out from under them.

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Over Half Of Americans Believe We Are In A Recession

CNN | Posted 12.11.2007 | Business

Read More: Recession Fears, Subprime Loan Crisis, Subprime Mortgages, Subprime Loans, Subprime Lending, Subprime Mortgage Crisis, Recession, Business News

More than half the American public -- 57 percent -- now believe the nation is in a recession, compared to 42 percent who do not, according to new CNN/...

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Home Sales Rise, But So Do Recession Fears

Reuters Via CNBC | Posted 12.10.2007 | Business

Read More: National Association of Realtors, Subprime Loan Crisis, Subprime Lending, Recession Fears, Recession, Subprime Loans, Subprime Mortgage Crisis, Subprime Mortgages, Business News

Pending sales of existing U.S. homes rose modestly in October, bucking Wall Street forecasts, but the decline from a year ago was the third largest on...

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White House Mortgage Meltdown: Bush Gives Out Wrong Hotline Number

Posted 12.06.2007 | Politics

Read More: Subprime Lending, Mortgage Crisis, George W. Bush, Subprime Loan Crisis, Subprime Loans, Subprime Mortgage Crisis, George Bush, Bush Economic Plan, Breaking Business News, Bush Interest Rates, Subprime Mortgages, Politics News

Harried homeowners seeking mortgage relief from a new Bush administration hotline Thursday had to contend with a bit of temporary misdirection from th...

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