Mortgage and Financial News From 2008-9-21 Page 2
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But Will It Work' (The Hendersonville Times-News)
Some are skeptical of the Treasury plan, despite wide agreement on the need for a broad intervention.
2008-09-21 10:36:47 -
Real estate market slow to respond to gov't plan (The Hendersonville Times-News)
KANSAS CITY, Kansas (AP) -- Only three prospective homebuyers had visited the open house Valerie Morrill was hosting on Saturday afternoon. The Prudential real estate agent recalled a year ago, she'd see 10 to 15 people during an open house in this midtown Kansas City neighborhood.
2008-09-21 10:37:47 -
Big financiers push for broader package - International Herald Tribune
Even as U.S. policy makers worked on details of a $700 billion bailout of the financial industry, Wall Street began looking for ways to profit from it. Financial firms were lobbying to have all manner of troubled investments covered, not just those ...
2008-09-21 07:29:00 -
Bailouts are common, but results are mixed - MSNBC
CHICAGO - The stock market plummets, investors pull out money and loans dry up, triggering global financial turmoil. Enter the government, buying up bad mortgages and other problem assets. This scenario from the 1930s sounds eerily current, in part ...
2008-09-21 04:51:00 -
Management Change - Newsday
Uncle Sam is turning into Uncle CEO. But will the new corporate suit be a good fit? By agreeing to bail out insurance giant American International Group Inc. and mortgage lenders Fannie Mae and Freddie Mac, the federal government has put itself in ...
2008-09-21 04:01:00 -
Diversifying Is a Must - Washington Post
If you acquired more debt than you can handle, holler. Go ahead and get it out of your system. Then learn from all this mess. What we are seeing was badly needed and inevitable. And really, where did it all start? It began when just about everybody ...
2008-09-21 10:53:00 -
Three views of a financial rescue plan - International Herald Tribune
The Bush administration is working with Congress to fill in the details of its plan to take the bad mortgage-related debt off the books of banks and financial institutions and stabilize the financial markets. With Congress scheduled to begin its ...
2008-09-21 07:57:00 -
List of government bailouts in past century - MSN MoneyCentral
Federal National Mortgage Association (Fannie Mae) ( FNM ) Stock Quote , Chart , News , Add to Watchlist (AP) - A look at some U.S. government interventions and bailouts in the past century: 1932 — The Hoover administration creates the ...
2008-09-21 02:21:00 -
US bank bailout not a cure-all (Crikey)
The US Government buyout fund will do nothing to help end the root cause of the problems faced by the US economy, writes Glenn Dyer .
2008-09-21 08:32:40 -
Police Investigate Sunday Night Shooting (R News)
Rochester police are investigating a shooting that happened around 10:30 Sunday night. Police say one person was shot near the intersection of Lyell Avenue and Warner Street. They say the victim suffered a wound to the leg.
2008-09-21 08:37:00 -
REPORT: Times tough financially for the elderly in Wisconsin (Onalaska Community Life)
It comes as no surprise to the elderly and their families that they are struggling financially. Policy makers in Washington and Madison have been looking for proof in addition to the horror stories they hear from the elderly and now they have it.
2008-09-21 08:40:24 -
US govt's ability to run private companies questioned (China Daily)
LOS ANGELES -- The US government's massive bailout packages to salvage troubled private companies prompted critics to question whether US officials are up to the task of directing large corporations through such turbulent times, it was reported on Sunday.
2008-09-21 08:45:34 -
Doing well, but still feeling a pinch (Minneapolis-St. Paul Star Tribune)
Saving and living simply, these newlyweds are nervous about their financial future.
2008-09-21 08:50:30 -
'The mother of all bailouts" (Connecticut Post)
and CHARLES BABINGTON WASHINGTON -- The Bush administration insisted Sunday that Congress must move quickly to approve what one lawmaker called the "mother of all bailouts" -- a $700 billion
2008-09-21 08:52:46 -
21-09-2008: Uphill climb for stocks even with relief plan (The Edge Daily)
NEW YORK: While a government plan to mop up billions of dollars of bad debt from bank balance sheets has lifted spirits, few on Wall Street will enter this week ready to declare a new bull run for the stock market.
2008-09-21 08:55:27