Friday, November 27, 2009

Wall Street

Fed Attacks Mortgage Rates: 4 Things to Know

New program aims to make home loans cheaper for prospective buyers. more >>

Citigroup’s (Second) Bailout: 7 Things to Know

The feds will put $20 billion more into the struggling financial giant. more >>

Financial Crisis: Terms You Need to Know

A guide to the lexicon of market turmoil. more >>

Money Talk: Economic Lexicon

Definitios of common economic terms to help wade through talk surrounding the financial crisis. more >>

Credit Contraction: How it Became Scarce and the Plan to Revive it - US News and World Report

3 Quick Steps For the Economy

How we got here, and what we need to do—now—to start to turn this crisis around. more >>

Are Bailout Funds for Foreclosure Mitigation? Frank Vs. Paulson

The two disagree about whether TARP cash should be used to keep distressed borrowers in their homes. more >>

Bush Team Reportedly Won’t Request More Bailout Cash

The development puts the issue in Barack Obama’s hands more >>

Lawmaker Pushing to Freeze Remaining Bailout Funds

Senator Inhofe wants financial rescue payments halted more >>

FDIC Chief Sheila Bair on Her New Anti-Foreclosure Plan

Agency chairman discusses the program she detailed last week more >>

Freddie Mac May Need $50 Billion From Feds Next Year

Earnings losses could reach $40 billion in 2009, analyst says more >>

Detroit Bailout? Barney Frank Vs. Richard Shelby

Leading Congressmen take opposing sides of the debate more >>

Has Wall Street Hit Rock Bottom Yet?

But how will Wall Street react to the news? more >>

Why Sheila Bair is Showing Up Hank Paulson

FDIC head has released the details of her foreclosure plan even though Treasury doesn’t support it more >>

Freddie Mac to Hank Paulson: $14 Billion Please…

Mortgage finance giant is asking for government cash as its net worth goes negative more >>

Will the Financial Crisis Get Worse?

Nouriel Roubini says the worst is yet to come. more >>

How Much Bailout Cash has Been Spoken for So Far?

Merrill Lynch economists outline how much of the $700 billion has been allocated more >>

The Top 10 Foreclosure States (as of October)

Nevada, Arizona at the Top of the List more >>

3 Reasons Behind Hank Paulson’s Bailout Flip-Flop

Treasury secretary outlines a much different agenda for the $700 billion than the one he sold to Congress more >>

Holes in the New Fannie/Freddie Loan Mod Plan

Felix Salmon says the new program is ‘not particularly exciting’ more >>

AIG Responds to ‘Luxury Resort’ Reports

CEO says the media ‘grossly mischaracterized’ the event more >>

Where Fannie and Freddie’s Loan Mod Plan Falls Short

The program will be helpful to some, but does not target the securitized loans at the heart of the crisis. more >>

AIG Reportedly Sent Execs to Another Luxury Resort

The Feds recently boosted the bailout package for the struggling insurance giant more >>

Why AIG Is Devouring the Bailout Fund

The huge insurer’s worsening problems reflect a threat to all consumers. more >>

Senators to Paulson: Bailout Funds Are For Lending

Two senators say financial institutions should not use TARP funds to buy healthy banks more >>

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