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Mr. Bush, Come Tell the Ghosts in Queens Your Financial Plan - Common DreamsAs our lame-duck President began his televised speech about the financial meltdown Thursday in lower Manhattan, accountant Barbara Beaubrun sat in her house in southeast Queens, shaking her head in disbelief. "He's in the wrong place," Beaubrun ...
'NO-BAILOUT' BLUES - New York PostA federal plan to bail out homeowners struggling to make subprime mortgage payments is anything but a freeze-for-all: While it saves some New Yorkers from deepening debt, their next-door neighbors are left to drown. In Jamaica, Queens, Evelyne ...
Minorities in loan crush: Hopeful home owners hit hard by credit ... - New York Daily NewsBronx homeowners and homebuyers are having more trouble obtaining credit than their counterparts in any other borough, with black and Hispanic buyers suffering the worst, according to a new report. The Bronx saw the largest drop in the number of home ...
Foreclosures At 2-Year High In New York City - CBS 2NEW YORK (CBS) ― For a telling snapshot of this economy in crisis, you can look to the Queens courthouse. Every Friday, at least 100 homes go up for auction because of foreclosure. They raise their voices as much to make a point as to drown out ...
Michael Lewis strikes again: explaining the crash - Sacramento BeeMichael Lewis, who first chronicled Wall Street abuses in "Liar's Poker" (and later wrote "Money Ball" among other books), has written a masterful explanation of the end of the boom for Portfolio Magazine. The piece profiles Steve Eisman, a trader ...
Don't give the house to a scammer - Marketplace.publicradio.orgTess Vigeland: Just in case you've forgotten, this whole financial mess started with bad mortgages. And those bad mortgages have led to record numbers of foreclosures. The Web site RealtyTrac.com reported this week that foreclosure filings in ...
Register for FREE - Wall Street JournalThe email address you have entered is already in use. Please re-enter the email address. Speed dating: Lehman was actively shopping itself to potential buyers that include Bank of America. The Fed and Treasury have been working with Lehman to help ...
John S.W. MacDonald - New York ObserverA new Health Department website tracks the spread of rats throughout the city. [NYDN] According to the Health Department’s Rat Information Portal, Williamsburg and Greenpoint have more rats than south and central Brooklyn, while Bushwick and Bed ...
Anxiety about money grips a N.J. family - Daily JournalEditor's note: This is the first installment in an occasional series that examines why middle-class New Jersey residents may be in for one of the toughest financial rides in the U.S. as rising property taxes and shrinking wages take bigger bites out ...
The Jersey Squeeze: Families caught between cost and tax hikes - Asbury Park PressBefore 10-year-old Kyle Gamble settles down to his video games in his quiet Matawan home after school, he anxiously turns on CNBC-TV, where, each afternoon, some of the global economic crisis comes to rest on his small shoulders. At his tender age ...
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