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639-19-08 Crisis End Game--Paul Krugman NY Times
Op-Ed Columnist Crisis Endgame By PAUL KRUGMAN Published: September 18, 2008 On Sunday, Henry Paulson, the Treasury secretary, tried to draw a line in the sand against further bailouts of failing financial...
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53A New Mortgage Crisis
What is the New Crisis A recent video by 60 Minutes brought light of the fact that there’s much more to the subprime mortgage crisis than we know about. A good portion of those having the 3/1...
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77Mortgage Market Crisis/A Failure to Manage Risk/Economic Outlook Grim
Economic Outlook--Slow Motion Recession Plummeting home prices and car sales, rising foreclosures, accelerating joblessness, tight credit, expected FEDERAL RESERVE interest rate increases. 2 years of sub-par...
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40Sponsor an Executive
You may not realize it but the people who are suffering the most as a result of the subprime mortgage crisis are executives of Wall Street firms whose bonuses have been cut or have lost their jobs. In...
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55Foreclosure Alley, a Sad Video
Foreclosure Alley Trashouts Foreclosures are dominating the real estate market in Southern California. 700 families lose their homes every day.IRS Q & A on Foreclosures Foreclosure Statistics One in 200 homes...
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61Delinquent Mortgage
Fact, in the US more than 11% of all mortgages are either delinquent or in foreclosure. This is an alarming number. Currently there are about 1.5 million homes which are probably going to be going...
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56Freedom Debt Relief - Subprime Mortgage Crisis guide
According to Investopedia - A subprime mortgage is a type of loan granted to individuals with poor credit histories (often below 600), who, as a result of their deficient credit ratings, would not be able to...
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68The fall of the investment banking industry. Will Goldman and Morgan survive?
Rewind backward by just a couple of years and take a look at the investment banking industry on Wall Street. Everything was humming along quite brilliantly with no apparent signs of distress. There were at...
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63The Tumble of Post-Industrial Society
The Tumble of Post-Industrial Society By Dmitriy Belyanin The sub-prime mortgage crisis in the United States of America and the beginning of recession in Europe have created doubts about the sustenance...
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35Chinese Banks Duck Subprime Debacle
While western banks took a beating from the subprime debacle, news reports say Chinese lenders are posting profits. Somehow, Chinese stocks have been looking darn good in 2007, despite warnings of a...
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