State fiscal reports not a pretty picture

WASHINGTON — Most states experienced poor fiscal conditions in 2008, ... time since 1983. In a report released Dec. 15, The Fiscal Survey of States, the associations found ... Raymond C. Scheppach. “Given the continued stall in credit availability, rising unemployment rates [more...]

Date: 2008-12-15 17:11:55

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Obama Stimulus Consigns US to ‘Banana Republic’ Territory

The Washington Times reports: The United States will “look like a banana republic” unless it gains control over its budget deficit and federal debt, ... one measure of America’s creditworthiness — credit default swap spreads — already shows some deterioration. The worse a nation’s credit rating becomes, the more its CDS spread rises. U.S. sovereign [more...]

Date: 2009-01-16 16:52:42

Tales of the Financial Crisis: KKR?s Next Fund Big, but Not Gigantic

Keenan Skelly and Laura Kreutzer, of LBO Wire, file this report on the private-equity fund-raising scene ... . It was 60% invested as of June 30, according to data from longtime investor Washington State Investment ... buyout firms, it has been having trouble dealing with the credit crunch and has had to mark down [more...]

Date: 2008-11-24 21:49:54

CCI calls for Boycott

by Catholic Citizens of Illinois When the Catholic Bishops of the United States established the Campaign for Human Development in 1970, ... , community-run schools, minority-owned cooperatives and credit unions, capital for industrial ... of the Democrat Party. In a November 4 report in The Washington Time, the U.S. Conference of Catholic Bishops [more...]

Date: 2008-11-23 17:21:11

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