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Additional web-pages of interest...
- www.guardian.co.uk
Log Cabin Democrat Deficit and jobless claims jump, but stocks soar guardian.co.uk, UK - 9 hours ago ... government bailout tried to assure lawmakers they are using the money to make more loans and help financially strapped homeowners avoid foreclosure. ... Deficit hits record, unemployment surges, but Dow rises Austin American-Statesman Things are bad and may get worse TheNewsTribune.com all 21 news articles
- www.sun-sentinel.com
An alliance of financial industry interests and consumer advocates on Wednesday asked federal regulators to allow lenders to reduce by as much as 40 percent the amount of credit card debt owed by deeply indebted consumers in a special program. The ...
- biz.yahoo.com
Add Kevin Drum to those who think that a bit of CDS demonization is not such a bad thing at all. Unfortunately, he's a bit shaky on the facts: It's a little hard to get a handle on an exact figure, but within the U.S. banking system total losses on subprime mortgages themselves probably total around half a trillion dollars.
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