Mortgage and Financial News From 2008-10-4 Page 5
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EU leaders open way to breach deficit limits (The Globe and Mail)
PARIS — Europe's most powerful leaders opened the way on Saturday for EU governments to breach deficit limits, saying the financial crisis was so severe they could waive their usual strict application of budget rules.
2008-10-04 04:29:52 -
Fall foreword, or the big books of autumn (The Plain Dealer)
Book-clubbers will tell you that their best attendance invariably comes in the fall. The reason, I think, is that echo, like an old circadian rhythm, we carry from our school days. It nudges us to place a short stack...
2008-10-04 04:31:24 -
All’s Foul In Love And Politics - Canyon News
Alexander Pope’s original quote was, of course, “All’s fair in love and war,” meaning you can get away with anything in those two areas. Now, as we all know, the entire economy of the United States is threatened with collapse because of ...
2008-10-04 12:18:00 -
Bush: Rescue Plan 'Not Quick Fix' - Click2Houston.com
The president said he's confident that by getting the markets moving, it will unleash what he calls "the entrepreneurial spirit of the American people." The financial rescue plan gives the government broad authority to buy toxic mortgage-related ...
2008-10-04 12:32:00 -
Statesman Business Blog - Austin American-Statesman
The entry titled "UT professors debate the bailout and 'Animal House' crisis management." When asked Friday for his take on the federal bailout plan, University of Texas finance professor Sheridan Titman went to the definitive source for crisis ...
2008-10-04 01:51:00 -
Government programs that keep us off our backs - Newsday
Social Security had its 73rd birthday in August, but there was another commemoration this summer that has special importance this year. That was the 75th anniversary, on June 16, of the Federal Deposit Insurance Corp. Within days after a news ...
2008-10-04 12:40:00 -
For bailout to work, housing market must mend - WLOX
NEW YORK (AP) - The financial bailout plan is intended to get credit flowing again, but experts say one more thing needs to happen for the $700 billion package to work: Home prices must stop falling. That would send a signal to banks that the worst ...
2008-10-04 12:25:00 -
Treasury picks State Street and Barclays to handle government ... - Newsday
WASHINGTON (AP) _ The Treasury Department has picked two financial institutions to manage a program it unveiled last month to provide support for beleaguered mortgage-backed securities. The government announced Friday it was hiring Barclays Global ...
2008-10-03 04:44:00 -
Bush: Rescue Plan 'Not Quick Fix' (NBC 11 Bay Area)
WASHINGTON -- President George W. Bush is warning Americans not to expect immediate relief from the $700 billion bailout bill he signed Friday. He said it will take time to implement.
2008-10-04 02:38:43 -
Bailout plan help for Notre Dame parents (FOX 28 South Bend)
With the bailout plan finally approved by Congress, what does it mean for you?
2008-10-04 02:51:05 -
Colorado Representatives Split On Bailout Vote (CBS4 Denver)
The final bailout bill passed by Congress Friday didn't change the minds of anyone in the Colorado delegation. The final roll call was the same as the vote on Monday's bill, 4-3.
2008-10-04 02:56:55 -
Car sale posts 57 percent decline in first two months (Business Recorder)
KARACHI (October 05 2008): The auto assemblers all over the world are going through a tough time as the car sale has declined in almost all countries in the first two months of FY09, mainly due to change in auto finance policies by the suppliers of funds, analysts said.
2008-10-04 03:12:28 -
20 Steps to Toughen Up Against Hard Times (Washington Post)
Harder times appear to be on the way, even if lawmakers succeed in unclogging the nation's credit system. It's time to look around our homes and do what we can to cut costs, avoid unnecessary repairs and preserve cash.
2008-10-04 03:15:11 -
For Treasury Dept., Now Comes Hard Part of Bailout (The Hendersonville Times-News)
The Treasury has barely a month to create one of the worlds largest asset management firms and put a dollar value on assets that no one wants.
2008-10-04 03:24:24 -
The trouble with Europe (Sunday Herald)
worked as an economist for 35 years, and even I have great difficulty in understanding how a mortgage lending crisis in the US could bring about the demise of the Bank of Scotland, billion-pound losses by the Royal Bank of Scotland and the collapse of many other financial institutions in the UK and US.
2008-10-04 03:32:18