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Forget the subprime mortgage mess — Collin Peterson in Europe trying ... - DL-OnlineU.S. Rep. Collin Peterson, D-Minn., left for Europe this weekend to discuss ways to regulate little-known and difficult-to-understand “credit default swaps.” “It has to be global,” Peterson said, so he and other House Agriculture Committee ...
Treasury Yields Drop to Record Lows as Bernanke Cites Buybacks - BloombergDec. 1 (Bloomberg) -- Treasuries rose, pushing yields to record lows, as Federal Reserve Chairman Ben S. Bernanke said the central bank may purchase Treasuries and target long-term interest rates to combat the deepening recession. Bonds rallied for a ...
Friendly Dealings - NationalJournal.comNorm Coleman is a man of many faces--politically, that is. As a student activist at Hofstra University on Long Island nearly four decades ago, the long-haired Coleman ardently protested against the Vietnam War. Before long, however, the student who ...
With Change in Season, Home Prices Fall Together - Market WireNEW YORK, NY--(Marketwire - December 1, 2008) - In September 2008, a combination of seasonal trends, distressed-sale discounts and general market weakness pushed home prices lower in most metropolitan areas. According to the September 2008 RPX ...
Down Goes Downey - MSN MoneyCentralCitigroup Inc ( C ) Stock Quote , Chart , News , Add to Watchlist Looks like all those option adjustable rate mortgages (ARMs) weren’t such a good idea after all: 1% teaser rates and loans that grow, rather than shrink, over time just aren’t ...
RiverSource Investments Hires Structured Assets Sector Team Leader - dBusinessNews.comMINNEAPOLIS -- RiverSource Investments announced the hiring of Todd White as structured assets sector team leader. RiverSource Investments, LLC, is a subsidiary of Ameriprise Financial, Inc. (NYSE: AMP). White will be a portfolio manager for the ...
Despite Drop in Oil, Americans Seal Up for Winter - CNBCWhen crude oil prices climbed to a record $147.27 a barrel this summer, many Americans -- their thoughts turning to winter heating bills -- rushed to line their homes with insulation and replace drafty windows. Now, with the U.S. economy in tatters ...
Doublespeak and American Socialism - Canada Free PressIt will be hard for Congressional Republicans to fight this socialist trend when their leadership in both Houses backed Treasury Secretary Henry Paulson’s initial $700-billion Wall Street bailout. “Mortgage Rates Fall as U.S. Expands Rescue ...
Home sales continue to suffer in ailing economy - Monroe Evening NewsHome sales and home prices in Monroe County in October remained well below the pace of a year ago, reflecting regional and national skittishness over the state of the economy. During October, about 119 homes were sold countywide, bringing the total ...
Print Money and Cut the Payroll Tax - American Enterprise InstitutePresident-elect Barack Obama faces the most difficult economic challenge confronting an incoming American president since the election of Franklin Delano Roosevelt seventy-six years ago in 1932. When he assumes office on January 20, Obama will need ...
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