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Matt Taibbi Calls Geithner A Mop-Headed Non-Human
Matt Taibbi has guts. He is one of the few in the mainstream press that has leveled the harshest criticism against the Administration's handling of the country's economic woes. And in this piece, Matt Taibbi has done it again. His latest slam piece takes aim at Obama and... Geithner Updates Congress on Government Foreclosures Program
Secretary Geithner presented updates on TARP, the banking sector and the government foreclosures program before members of the Congressional Oversight Panel on Tuesday. " The uncertainty surrounding the health of...Rising: Foreclosure Listings, Jobless Rates, Home Sales
With rising unemployment levels, analysts said foreclosure listings will continue to grow despite modest gains in home sales. " Positive economic figures in March, such as increased home sales, increased consumer... G-20 Ministers Vowed To Tackle Global Financial Crisis
The finance ministers of the G20 met in Horsham, England on Mar.13-14 to prepare for a G20 London Summit on the global financial crisis on Apr. 2. The G20 is made up of the finance ministers and central... Will Allowing Banks to Fail Reduce Foreclosure Homes?
Allow banks to fail. That is what Republican Senators Richard Shelby of Alabama and John McCain of Arizona suggested even if it means shareholders will also suffer as a consequence. " Allowing some big troubled banks to close and funneling the relief funds to the housing...Banking Committee Chair Dodd Considers Bill to Help Homeowners...
The Senate Banking Committee, chaired by Christopher Dodd, is preparing a financial regulatory reform legislation to be released by April 2009, the deadline requested by President Barack Obama. " Already, Dodd plans to schedule hearings for several months where he expects to...
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