- Pages:
- 1
- 2
| FINANCIAL CRISIS PRIMER; Reference links | |
|---|---|
| Topic Started: Oct 4 2008, 09:04 AM (977 Views) | |
| DMom | Oct 9 2008, 05:48 PM Post #16 |
|
http://dealbook.blogs.nytimes.com/2008/10/09/citi-withdraws-from-wells-fargo-talks/ Citi Concedes Wachovia to Wells Fargo |
 |
 
|
| Kerri P. | Oct 10 2008, 01:29 PM Post #17 |
|
http://www.wral.com/news/local/story/3713439/ Report: Fayetteville, N.C. in recession |
|
|
|
| Kerri P. | Oct 10 2008, 01:32 PM Post #18 |
|
http://www.wral.com/news/local/politics/story/3712083/ Poll: Majority of N.C. voters dislike bailout Posted: Today at 11:28 a.m. Updated: Today at 11:35 a.m. Raleigh, N.C. — More than half of North Carolina voters said they disapproved of the recent $700 billion federal bailout of the U.S. financial industry, and they were evenly split on whether the move would help or hurt the economy, according to a new WRAL News poll. Polling firm Rasmussen Reports surveyed 500 self-described likely voters statewide on Wednesday and found that 51 percent disagreed with the plan for the government to buy up bad assets from banks to stabilize the economy. Twenty-one percent agreed with the plan, while the remaining respondents said they weren't sure about it. snip... The presidential race in North Carolina remains tight between Republican John McCain and Democrat Barack Obama. Obama holds a 49 to 48 percent lead in the poll, compared with a 50 to 47 percent lead in a WRAL News poll conducted a week ago. In the Senate race, state Sen. Democrat Kay Hagan holds a 49 to 44 percent lead over Republican U.S. Sen. Elizabeth Dole. Rasmussen Reports surveyed 700 likely voters in that poll, with a margin of error of plus or minus 4 percentage points. END. Edited by Kerri P., Oct 10 2008, 01:33 PM.
|
|
|
|
| Deleted User | Oct 12 2008, 07:37 AM Post #19 |
|
Deleted User
|
. McCain and 19 Republicans warned of Fannie Mae and Freddie Mac instability and bad debt as a major exposure and risk to the U.S. Economy. No Democrats would support. http://www.humanevents.com/article.php?id=28973 . |
|
|
|
| Kerri P. | Oct 12 2008, 05:54 PM Post #20 |
|
http://www.wral.com/news/national_world/national/story/3722822/ Ohio shooting puts face on foreclosure crisis By THOMAS J. SHEERAN Associated Press Writer Posted: Today at 2:06 p.m. AKRON, Ohio — By the time deputies came to escort Addie Polk out of her home of 38 years, the 90-year-old had taken out her life insurance policy and placed it next to her pocketbook and keys in the neatly kept house. She shot herself in the chest Oct. 1 before she could be taken away from the foreclosed house, which was worth less than its mortgage from the day she took out the loan. A congressman called her the face of a national tragedy, the housing crisis that has affected millions of Americans. Neighbors were stunned and said they had no idea the widow had been about to lose her two-story, white vinyl home. And Polk, as she recovered, sounded a bit regretful. "She said that was a crazy thing to do," said neighbor Robert Dillon, 62, who visited her at the hospital. He said he told her, "That's crazy to you. The good Lord could have been in control." Polk's cause was taken up by U.S. Rep. Dennis Kucinich and fueled blogs on reckless lending practices rampant during the housing boom. Mortgage finance company Fannie Mae dropped the foreclosure, forgave her mortgage and said she could remain in the home. "You have to shoot yourself to get help," lamented a neighbor, Hannah Garrett, 76. The Summit County Sheriff's Department concluded that Polk shot herself over the foreclosure, Lt. Kandy Fatheree said. A revolver was inches from her, and the house was locked. Dillon heard the gunfire Oct. 1, climbed through Polk's upstairs bathroom window and found her lying in bed bleeding. Polk was recovering at Akron General Medical Center, and did not immediately respond to a mailed Associated Press request for an interview. The hospital would not release information about her condition. Dillon hadn't been aware of Polk's financial situation but said she had indicated she couldn't afford roof or porch repairs. Polk's blue-collar neighborhood, overlooking a duck pond and a noisy highway near Goodyear Tire & Rubber Co.'s world headquarters, is a mix of renovated and worn-out houses. Unlike some hard-hit areas, there were no for-sale signs on the brick street on a recent day. Polk's home gives no outward sign of financial turmoil. Rows of hosta plants line her front yard and a neighbor keeps the grass trimmed. Neighbors said Polk, who has no children, drives herself to church services and goes out to dinner with friends on Sundays. snip... |
|
|
|
| Kerri P. | Jan 28 2009, 08:57 PM Post #21 |
|
http://www.msnbc.msn.com/id/28897426/?GT1=43001 Debt may do what rain, heat, gloom can’t Postal service considers cutting one day of mail delivery due to deficit updated 1 hour, 49 minutes ago WASHINGTON - Massive deficits could force the post office to cut out one day of mail delivery per week, the postmaster general told Congress on Wednesday. Postmaster General John E. Potter asked lawmakers to lift the requirement that the agency deliver mail six days a week. Faced with dwindling mail volume and rising costs, the post office was $2.8 billion in the red last year and, “if current trends continue, we could experience a net loss of $6 billion or more this fiscal year,” Potter said in testimony for a Senate Homeland Security and Governmental Affairs subcommittee. snip... |
|
|
|
| Baldo | Jan 30 2009, 12:46 PM Post #22 |
|
American Recovery and Reinvestment Act of 2009 follow it at http://www.opencongress.org/bill/111-h1/show |
|
|
|
| Lodge Pro 345 | Feb 25 2009, 09:02 PM Post #23 |
|
. Obama advocating and voting for the 700 Billion "Emergency" Bailout (TARP) before being elected as President. He would later disparage the bill and distance him completely from it. In this video, he claims he inserted specific safeguards to ensure the bill was golden and there was accountability in place. The TARP is seen as a Failure at this point and the money has been largely untraceable. http://metavid.org/wiki/Stream:Senate_proceeding_10-01-08_00/2:38:38/2:53:07 . |
|
|
|
| Lodge Pro 345 | Feb 27 2009, 01:38 AM Post #24 |
|
. CONTRAST THIS VIDEO WITH THE AFOREMENTIONED VIDEO! UNBELIEVABLE! http://www.youtube.com/watch?v=DP0oeYLdu3A . |
|
|
|
| Kerri P. | Mar 2 2009, 07:42 PM Post #25 |
|
The Dow is now under 7,000. Dow 6,763.29 -299.64(-4.24%) ------------------------------------------------------------ NASDAQ 1,322.85 -54.99(-3.99%) ------------------------------------------------------------ S&P 700.82 -34.27(-4.66%) Edited by Kerri P., Mar 2 2009, 07:43 PM.
|
|
|
|
| 1 user reading this topic (1 Guest and 0 Anonymous) | |
| « Previous Topic · LIESTOPPERS UNDERGROUND · Next Topic » |
- Pages:
- 1
- 2
1:06 PM Dec 3
