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Two big banks cut mortgage rate - Edmonton SunTORONTO -- Two of Canada's big banks are cutting mortgage rates on a variety of terms, reflecting a drop in borrowing costs in the bond market, where banks finance their mortgage lending. The Royal Bank of Canada said yesterday it is cutting rates ...
Indulge us for a moment - Economist.comThis is both clever and facile, in a very Economisty way: it's the sort of thing which reeks of Oxford Union debates. He ended the post saying: Incidentally, does anybody have a copy of Andrew Sullivan's TNR cover story on the Economist from June ...
The Coming Recession - Reason.comAs this issue of reason goes to press, the dollar is at a record low against the euro, oil is more than $100 a barrel, consumer prices are up 4 percent from a year ago, and Federal Reserve Chairman Ben Bernanke is cutting interest rates so often that ...
Atlanta Journal-Constitution - Atlanta Journal ConstitutionThe entry titled "Hampton is gone, while Peavy is ...," and any of the comments about it. Come back … no, good riddance … Please stay, we need you … no, please just go. Does that pretty much summarize the polarizing presence that was Mike ...
Outlook mixed for $22 billion finance company sector - National Business ReviewFinance company collapses in the last year have hit the property development industry, but it is vehicle dealerships that will suffer in the future with the withdrawal of their financiers, a report said today. At least 10 finance companies have ...
Paulson Bucks Paulson as His Hedge Funds Score $1 Billion Gain - BloombergDec. 2 (Bloomberg) -- There’s not a lot of light in Paulson & Co.’s 28th-floor headquarters on a drizzly November afternoon. The Alexander Calder sculpture and multicolored prints have been shipped to the firm’s new offices six blocks south ...
Banking blues - Ottawa SunAs the worsening economic crisis threatens to leave ordinary Canadian families jobless, if not homeless, let us all shed a tear for the unimaginable suffering of the nation's beloved Big Banks. The Royal Bank of Canada (RBC), for instance, announced ...
Nov 30 - Dec 06 (93) - Andrewsullivan.theatlantic.comYesterday, the president and Christianist Rick Warren had a conversation about HIV and AIDS. As the epidemic continues in this country - still largely among men who have sex with men, especially black men who have sex with men - neither Warren nor ...
Bloodbath on the High Street as consumer spending plummets and two of ... - Daily MailTwo of the UK's biggest stores were fighting for survival today as new figures revealed spending on the High Street has plunged at its fastest rate in 13 years. Woolworths had its shares suspended this morning ahead of more crisis talks and sources ...
Open Thread - News BustersFor general discussion and debate. Possible talking point: Is the worst of the financial crisis still to come ? The IMF's chief economist has warned that the global financial crisis is set to worsen and that the situation will not improve until 2010 ...
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