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Time works against candidates on Social Security, Medicare fixes

12 Oct 2008 at 12:33pm

Social Security and Medicare long have been considered the nation's fiscal time bombs, and the ticking is getting louder.



Leader hopeful on coordinated Euro crisis response

12 Oct 2008 at 11:07am

President Nicolas Sarkozy said he expects a meeting of 15 European leaders Sunday to produce an ambitious, coordinated plan to battle the effects of the global financial crisis.


Rudd guarantees all financial...

12 Oct 2008 at 7:53am

THE federal Government will guarantee all money deposits of any size for the next three years as a key step towards safeguarding the nation from the impact of the global financial crisis.



Australia guarantees bank deposits to combat crisis

12 Oct 2008 at 6:40am

Australia will guarantee all bank deposits for three years and guarantee wholesale funding to Australian banks in an attempt to combat the global credit crisis, Australian Prime Minister Kevin Rudd said on ...


More lies

12 Oct 2008 at 3:34am

There's a new claim started by the Republicans that the entire subprime mortgage crisis was started by Democrats and their friends at Fannie Mae and Freddie Mac.


Britian 'to launch its biggest bank bail-out'

12 Oct 2008 at 2:18am

The Government is to launch its biggest retail bank rescue on Monday, according to reports.



Ireland's economy ends long winning run

11 Oct 2008 at 10:59pm

Davey McKeever was down to his last bet slip of the night, crumpled in a sweaty fist, at the Shelbourne Park greyhound track. The remnants of McKeever's first unemployment check would rise or fall on the ironically named Nest Egg.

When the jet-black greyhound fell behind at the bend, the recently ...


Data prove untrue charges that push for affordable housing caused crisis

11 Oct 2008 at 9:55pm

As the economy worsens and Election Day approaches, a conservative campaign that blames the global financial crisis on a government push to make housing more affordable to lower-class Americans has taken off on ...


Chrysler, GM discuss merger, acquisition

11 Oct 2008 at 6:22pm

The Wall Street Journal, citing people it described as familiar with the discussions, reported that Cerberus Capital Management, the private equity firm that owns 80.1 percent of Chrysler and 51 percent of GMAC ...



All that money you've lost _ where did it go?

11 Oct 2008 at 1:51pm

Trillions in stock market value _ gone. Trillions in retirement savings _ gone. A huge chunk of the money you paid for your house, the money you're saving for college, the money your boss needs to make payroll _ gone, gone, gone.

Whether you're a stock broker or Joe Six-pack, if you have a 401(k),...


UAE mortgage giants in merger talks

11 Oct 2008 at 1:18pm

The surging Dubai and Abu Dhabi property markets received a major boost on the weekend with news that the UAE's biggest mortgage lenders are in talks over a possible merger.



'Pensions At Risk In Global Crisis'

11 Oct 2008 at 9:25am

Millions of people with pension schemes that invest primarily in shares may not be aware of the risks to their retirement nest egg, a non-profit organisation has warned.


'Deposits in banks safe; no reason for anxiety'

11 Oct 2008 at 8:49am

Assuring depositors that their money was safe in banks, Reserve Bank of India Governor D Subbarao on Saturday said the central bank was geared to inject more liquidity into the country's financial system and ...



Profiteers stalking opportunity

11 Oct 2008 at 4:58am

When financial panic sweeps Bedford Falls in the 1946 movie It's a Wonderful Life , the villain, Mr.


Text of G-7 plan of action

11 Oct 2008 at 4:25am

Text of G-7 finance ministers and central bank governors' plan of action, as provided by the Treasury Department:

___

The G-7 agrees today that the current situation calls for urgent and exceptional action. We commit to continue working together to stabilize financial markets and restore the flow o...



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The Subprime Solution: How Today's Global Financial Crisis Happened, and What... by Robert J. Shiller
Amazon Price: $11.53
Customer Review: Thie book tells the reader what we already know about the sub-prime lending problem..... stupid buyers and greedy lenders. Don't waiste your time rea...

Chain of Blame: How Wall Street Caused the Mortgage and Credit Crisis by Paul Muolo, Mathew Padilla
Amazon Price: $18.45
Customer Review: This is a good book for an overview of the mortgage banking operation. However, any such book that fails to mention Rangel, Franks, or Dodd is lacking...

Financial Shock: A 360º Look at the Subprime Mortgage Implosion, and How to A... by Mark Zandi
Amazon Price: $16.49
Customer Review: These are tense times in America. Times that require a moment of reflection before I get to the meat of this review. As I write, the stock market has...

Greenspan's Bubbles: The Age of Ignorance at the Federal Reserve by William Fleckenstein, Fred Sheehan
Amazon Price: $14.93
Customer Review: This is a truly invaluable book. Fleckenstein shows,beyond any doubt, that Alan Greenspan has been a disaster for the country and the economy. Even be...

How to Go to College Almost for Free by Ben Kaplan
Amazon Price: $14.96
Customer Review: Truth to be told, I bought two copies to give to two couples that are having children go off to college next year. So, I did not read them. The orderi...

Stabilizing an Unstable Economy by Hyman P. Minsky
Amazon Price: $23.07

 

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