Hoarders and Destroyers

Just when you thought it was all baked into the cake...whammo! Another pie to the face. Get ready for more pies ... by as much as 30% during the day, before closing down "just" 18%. If this leaves a bad taste in your mouth [more...]

Date: 2009-01-16 03:04:54

Blog posts (122) | Videos (43)
 

Using Eminent Domain To Acquire Mortgages Would Be Reckless And Dangerous

Just when I think that the bailout plans couldn’t get any wackier, ... is and has been the loan servicer and that servicer’s responsibility to its investors. So many loans ... the fair market value would be about 30-50 percent of the current loan value. NCRC argues, “ [more...]

Date: 2009-01-14 15:01:57

More course correction - where is TARP headed?

What will be the final form of the Troubled Asset Relief Program (TARP) (is it still called by this name?) ... to confine government interventions to healthy banks, where the cash injections would be in exchange [more...]

Date: 2009-01-17 05:45:00

"An MSM Confession"

From the Sacramento Bee:Sacramento-area real estate market befuddled the expertsHome Front spent time in the electronic library this week, looking at how experts misjudged the extent of this decline as the housing market began to wobble and shift in 2005 and 2006, even 2007 [more...]

Date: 2009-01-06 06:37:00

Wall Street Breakfast: Must-Know News

Dems showcase stimulus package. House Democrats unveiled an unprecedented 5B stimulus plan yesterday, ... ; first-time home buyers between Jan. 1 and June 30 would get a ,500 tax credit; local school districts [more...]

Date: 2009-01-17 16:07:28

Sunday Reading: Broder Hammers Obama

Sunday Reading: Broder Hammers ObamaPresident-elect Barack Obama's popularity ratings may still be sky high but the Post's David Broder -- dean of the political press corps in Washington -- isn't happy with the performance of the former Illinois Senator in recent weeks [more...]

Date: 2009-01-11 18:15:00

Wall Street Breakfast: Must-Know News

Dems showcase stimulus package. House Democrats unveiled an unprecedented $825B stimulus plan yesterday, ... ; first-time home buyers between Jan. 1 and June 30 would get a $7,500 tax credit; local school [more...]

Date: 2009-01-16 12:15:12

Citigroup Posts $8.3 Billion Loss, Splits Up Company

NEW YORK — Citigroup said Friday it is splitting up into two businesses as it reported a fourth-quarter net loss of $8 ... and banking revenue, and $5.3 billion on the value of credit derivatives. It also lost $2.5 billion [more...]

Date: 2009-01-16 13:14:43

Obama's daughter: 'Better be good'

Obama's daughter: 'Better be good' The words of the president-elect's daughter speak of a moment in history. Posted January 16, 2009 7:30 PM ... today and secured an interview days before that inauguration. Credit King for eliciting words many [more...]

Date: 2009-01-17 00:30:09

Islamic finance in Michigan: "When you look at the economic crisis we're in, if you were to follow Islamic or Sharia financing, you couldn't have this crisis"

And if cars didn't exist, you never would have had that fender-bender that made you late for work ... . Are Western economic systems perfect? Clearly, they are not. But the bottom line is this: Bad things [more...]

Date: 2009-01-14 05:01:00

Citigroup Posts Loss, Will Break up into 2 Units

NEW YORK (AP) -- Citigroup said Friday it is splitting into two businesses as it reported a fourth-quarter net loss of $8 ... on the value of credit derivatives. It also lost $2.5 billion [more...]

Date: 2009-01-16 14:57:00

Helping You Get Out Of Credit Card Debt

Helping You Get Out Of Credit Card Debt January 17th, 2009 Subscribe To Our Feed credit card debt reduction It feels like the walls are closing in when you’re high in credit card debt. The interest rates and late fees can really make [more...]

Date: 2009-01-17 05:58:01

Lost for words

If my conversations at the school gate are any guide, ... or the evil Dr X. It is already bad enough that you can only buy Darth Vader light sabres [more...]

Date: 2009-01-11 17:31:48

Why Geithner and Rangel Matter

From American Thinker By C. Edmund WrightThe Chairman of the House Ways and Means Committee and the U.S ... that 66 thousand page tax code to the letter. Or as Joe Biden would say, they expect [more...]

Date: 2009-01-16 23:15:00

The Legacy of George W Bush

The presidency of George W. Bush will be hotly debated in the near future ... , a bad one, or simply a very complicated one? I am persuaded that long term the judgment of history [more...]

Date: 2009-01-16 14:28:25

Posts about Real Estate Market Reports as of January 15, 2009

International Forecaster January 2009 (#4) - Gold, Silver, Economy + More - revolutionradio ... 01/15/2009 During the last boom Calgary was one of the hottest markets in Canada.  Combining a global [more...]

Date: 2009-01-15 14:24:12

How Do Home Equity Loans Work as Second Mortgages?

Writer Dan Ackman notes in an article at www.forbes ... is lower rate than credit cards and auto loans ... of credit (HELOC) or a home equity loan. An HELC works much like a credit card. It’s a revolving [more...]

Date: 2009-01-16 21:17:18

Laid Off Workers Turn to Freelancing and Consulting

Laid Off Workers Turn to Freelancing and Consulting January 16th, 2009 | Category: ... home mortgage credit cards for bad credit bad credit auto loans loans for bad credit pnc bank bah ... instant loans personal loans for bad credit mortgage calculator government loans auto loans first [more...]

Date: 2009-01-17 00:25:54

Wall Street Breakfast: Must-Know News

Morgan Stanley Smith Barney. Citigroup (C) and Morgan Stanley (MS) ... and restore normal flows of credit.' To that end, he raised three options for Obama's Treasury [more...]

Date: 2009-01-14 12:15:31

Wag the Blog: The Geithner Dilemma

Wag the Blog: The Geithner DilemmaDoes Timothy Geithner's issue with back taxes disqualify him from serving as treasury secretary? ( ... failure to pay taxes is a legitimate issue to raise in connection with his future role [more...]

Date: 2009-01-14 18:30:23

Citigroup posts huge loss, separates traditional banking business from riskier ventures

Citigroup posts $8.29B loss, separates traditional banking business from riskier ventures ... loan losses to worsen — particularly in areas like credit cards. “There are some things [more...]

Date: 2009-01-16 23:58:02

What is a second mortgage?

For many of us, money can get tight every now and then. We have felt the pinch, and many are feeling it now ... is repaid in a single reduced monthly installment. No matter how bad one’s credit history is, getting ... for you.  A second mortgage refinancing not only gives convenience, but also saves you money. [more...]

Date: 2009-01-14 04:24:16

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