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FED FOCUS-Fed could aid fiscal stimulus with bond purchases - Forbes
WASHINGTON, Dec 3 (Reuters) - The Federal Reserve will likely be a willing buyer for the mountain of U.S debt that will need to be issued to fund efforts that President-elect Barack Obama and Congress plan to pursue to stimulate the shrinking U.S ...

Stock & fund quotes - ninemsn
JPMorgan Chase & Co said Monday it will cut a total of 9,200 jobs at Washington Mutual, which it acquired on Sept 25 after Washington Mutual became the largest US bank to fail amid the ongoing credit crisis. Of the 9,200 jobs being eliminated as ...

UPDATE 2-Lending to poor didn't spur crisis -Fed's Kroszner - Forbes
WASHINGTON, Dec 3 (Reuters) - A federal program designed to increase lending to poor communities did not contribute to the recent subprime mortgage crisis, a senior Federal Reserve official said on Wednesday. An extensive study of the Community ...

Meltdown not over; new U.S. mortgage crisis looms - Globe Gazette
WASHINGTON (AP) — The full scope of the U.S. housing meltdown isn’t clear and already there are ominous signs of a new crisis — one that could turn out the lights on malls, hotels and storefronts across the country. Even as the holiday shopping ...

Some of the quotes from this speech include: - Huffingtonpost.com
"I would like somebody who knows about a bunch of stuff that I'm not as expert on. I think a lot of people assume that might be some sort of military thing to make me look more Commander-in-Chief-like. Ironically, this is an area--foreign policy is ...

Mortgage Rates Drop to Lowest Level This Year - PR Newswire
SEATTLE, Dec. 2 /PRNewswire/ -- Mortgage rates fell dramatically last week, due to the government's decision to purchase mortgage-backed securities. Rates for 30-year fixed mortgages declined to 5.53 percent, down from 5.92 percent the week prior ...

Blessings Of the Moment - Washington Post
"May you live in interesting times" is supposed to be an ancient Chinese curse, but I can't find evidence that the saying is Chinese at all, much less that it's ancient. One of the earliest reliable citations seems to be a 1950 short story by the ...

Bush administration ignored regulators' warning of mortgage meltdown - Bloggingstocks.com
Experts inside the Bush Administration tried to warn about the mortgage meltdown . They even proposed new regulations to set guidelines for the risky loans written by the banks who now have their hat in hand looking for a bailout. The banks fought ...

Bush administration ignored regulators' warnings of mortgage meltdown - Bloggingstocks.com
Experts inside the Bush Administration tried to warn about the mortgage meltdown . They even proposed new regulations to set guidelines for the risky loans written by the banks who now have their hat in hand looking for a bailout. The banks fought ...

Nov 30 - Dec 06 (143) - Andrewsullivan.theatlantic.com
Mourning seems to be a time when hallucinations are particularly common, to the point where feeling the presence of the deceased is the norm rather than the exception. One study, by the researcher Agneta Grimby at the University of Goteborg, found ...