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New wave of delinquencies on the way - Marketplace.publicradio.org
Kai Ryssdal: Speaker Pelosi brought up the TARP this afternoon when she was talking about money for Detroit. That's how the White House, this one or the next one, might find its way clear to bailout carmakers if loans can't pass Congress. One thing ...

Nationalize GM - Los Angeles Times
At the moment, D.C. and Detroit are brooding on a Morton's Fork: Watch the American automakers auger in and take hundreds of thousands of jobs with them, or bail out these failed and incorrigible companies whose management so richly deserves whatever ...

Why taxpayers should spurn bailout pleas from Detroit Three - Globe and Mail
LONDON -- Baby boomers here in London must be experiencing déjà vu. Four decades ago, auto giant British Leyland was desperately seeking government funds to stave off bankruptcy and prevent the layoff of thousands of highly paid unionized workers ...

Michigan tries to slow foreclosures - Detroit News
Michigan tries to slow foreclosures Rate spike spurs bids for moratorium, extended credit options Mark Hornbeck / Detroit News Lansing Bureau LANSING -- Scrambling to do something about Michigan's rampant home foreclosure problem before the holidays ...

Mortgage rate drop spurs rush to lenders for refinancing - Detroit Free Press
A sharp plunge in U.S. mortgage rates prompted a rush to refinance, resulting in record-setting business Tuesday at Livonia-based Quicken Loans and big days for other lenders. Following government efforts to unfreeze consumer credit, U.S. mortgage ...

Q&A: Unions Are Key to Healthy Auto Industry - Inter Press Service
DETROIT, Michigan, Dec 2 (IPS) - For the last six years, Ron Gettelfinger has been president of the 640,000-member United Auto Workers (UAW), the union that has been the face of the working men and women manufacturing cars in U.S. factories for ...

Vital Signs: New Plan Could Help Mortgage Market - BusinessWeek
The drumbeat of bad economic news continues, and policymakers keep coming up with big-money strategies to arrest the damage. The latest move by the Federal Reserve and Treasury Dept. commits up to $800 billion in support of the mortgage and consumer ...

Bernanke: lower interest rates are "feasible" - Buffalo News
Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year. The Fed's key interest ...

Superstar Investors Name the Top Homebuilder - Motley Fool
And you thought a bailout of Detroit's Big Three was too much? General Motors (NYSE: GM ) , Ford (NYSE: F ) , and Chrysler have nothing on Toll Brothers (NYSE: TOL ) . This one-star builder and its peers are asking for as much as $250 billion in ...

Coming Up - Times Union
Government reports: Commerce Department releases construction spending for October. Other: Weekly treasury briefing, auction. The Institute for Supply Management releases its manufacturing index. Earnings expected: Beazer Homes USA Inc., Sears ...