Mortgage and Financial News From 2008-10-4 Page 4
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Bailout's Passed - Now What? (CBS News)
Getting the historic financial rescue through Congress may have been the easy part. Getting it to work may prove the tougher task.
2008-10-04 06:19:03 -
Feeling Wall Street's pain, from Manila to Paris (The Economic Times)
Transactions gone sour have triggered a historic govt rescue plan for US economy and poisoned global finance. Top US bank failures | Paris financial summit
2008-10-04 06:27:09 -
Criminal probes likely in financial crisis (Connecticut Post)
First comes the bailout and its hope to bring stability to the country's financial community. Then comes the fallout. And when that comes, investigators and former federal prosecutors believe there
2008-10-04 06:32:20 -
Bailout signed, now it's wait and see its effects (China Daily)
WASHINGTON - Getting the financial rescue through Congress may have been the easy part. Getting it to work may prove the tougher task.
2008-10-04 06:41:25 -
Political Scorekeeping (New York Times)
There?s been tough reporting all around in the presidential race.
2008-10-04 06:42:21 -
Swedish Spoken Here (New York Times)
When the next president takes office, Americans should not be surprised when he spells out the ramifications of being a debtor nation.
2008-10-04 06:43:31 -
Latest Share Chat - Life Style Extra
CAPRI, Italy, Oct 3 (Reuters) - The meeting between the leaders of Europe's four largest economies in Paris on Saturday will discuss accounting standards, including mark to market rules, Italian Economy Minister Giulio Tremonti said. 'Accounting ...
2008-10-03 10:03:00 -
Website highlights buyers' concerns - Independent
Hooked on the web: Hubert Fitzpatrick, IHBA, John Moran, IHBA, Tom Parlon, CIF and Hank Fogarty CIF at the launch of the homefacts.ie website which received 50,000 hits in its first week of operation Indicating a great deal of confusion and ...
2008-10-01 11:49:00 -
Government's bailout path a maze of unknowns - Los Angeles Times
The so-called mortgage-backed securities that have pushed some of the nation's biggest financial institutions to collapse consists of home loans that were bundled together and sold to investors. Each security is a unique package of loans from ...
2008-10-04 04:33:00 -
EU leaders to ease deficit strictures due to crisis - Guardian Unlimited
These rules force banks to price their assets frequently even if they intend to hold them for a long time. Some assets, such as mortgage-backed securities, have become untradeable, making it hard to calculate their value and the mark-to-market rule ...
2008-10-04 03:46:00 -
Recent reval causes stir (Hollis Brookline Journal)
HOLLIS – In a normal business week, the town’s assistant to the assessor takes about 10 phone calls. Last week, she answered seven times that many, most of them from anxious property owners with the same question.
2008-10-04 01:09:16 -
Mechanics of bailout unclear (Aberdeen American News)
Now comes the hard part....
2008-10-04 04:01:18 -
Concerns about economy dominate campaign (CTV.ca)
As European leaders called for an emergency G8 summit amid growing fears of a deep global recession, Stephen Harper was hit again by opposition leaders who accused him of having no economic plan.
2008-10-04 06:31:48 -
Why China's Fast Growth May Not Last (Newsweek)
China's crisis is the opposite of America's.
2008-10-04 11:54:04 -
The odd mandate that ate Wall St.: SEC urged to abolish mark-to-market rules (The Star-Ledger)
Forget Shakespeare's famous declaration about killing the lawyers. These days, Wall Street has set its sights on the accounting profession. The reason for the uproar is an opaque accounting rule, known as "mark to market," that says companies must value...
2008-10-04 12:23:29