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Trading Places: From Ex-Lobbyist to Market Watchdog | Mother Jones
(www.motherjones.com)
Why is an ex-lobbyist for an Enron-like firm that manipulated energy prices in line to be a top regulator?
Submitted 6 months ago by erinconsortium | 0 Comments |
Homes: Underwater and Sinking Fast
(www.motherjones.com)
Although a few glimmers of hope for the housing market have shown through as of late, several new reports concerning houses with "underwater" mortgages—when a homeowner owes more than the total... More
Submitted 6 months ago by saramediaconsortium | 0 Comments |
The Destroyers to the Rescue?
(www.motherjones.com)
On the back of today's Mother Jones investigation into the government's $75 billion, largely taxpayer-funded foreclosure relief program—a program shaping up to be a massive bust yet doling out... More
Submitted 6 months ago by saramediaconsortium | 0 Comments |
The TARP Time Bomb the Media Missed
(www.motherjones.com)
Over at Politics Daily, MoJo's DC bureau chief, David Corn, points out that all the fuss over death panels and granny-killing government health care has overshadowed some very disturbing economic... More
Submitted 7 months ago by saramediaconsortium | 0 Comments |
Recession Depression
(www.motherjones.com)
According to a new Zogby poll one in three Americans say they have been seriously impacted by the recession, and 14% say their households have been "devastated." Also, fewer than half of all adults... More
Submitted 7 months ago by saramediaconsortium | 0 Comments |
Troubled Assets Are Ba-ack...
(www.motherjones.com)
Remember, for that brief period of time, when the Treasury Department's $700 billion "Troubled Asset Relief Program" was meant to buy up banks' actual troubled assets? You know, those groups of toxic... More
Submitted 7 months ago by saramediaconsortium | 0 Comments |
Countrywide VIP Loans, The Sequel
(www.motherjones.com)
On Friday came the less-than-shocking news that the Senate Ethics Committee had let Democratic senators Kent Conrad and Chris Dodd off the hook for their controversial VIP loans from fallen mortgage... More
Submitted 7 months ago by saramediaconsortium | 0 Comments |
Four Reasons to Foil the Fed
(www.motherjones.com)
Like oil and water, the Federal Reserve and transparency do not mix. Or, as the incisive Bill Greider, author of Secrets of the Temple: How the Federal Reserve Runs the Country, wrote in a recent... More
Submitted 7 months ago by saramediaconsortium | 0 Comments |
Cramdown: Resurrected?
(www.motherjones.com)
"Cramdown"—the process of modifying mortgage terms in bankruptcy court to make them more affordable—could yet see the light of the day. The Senate, which earlier this year killed a proposal that... More
Submitted 7 months ago by saramediaconsortium | 0 Comments |
Crappy Mac?
(www.motherjones.com)
The Washington Post reports today that the Obama administration is considering reorganizing Fannie Mae and Freddie Mac, the giant government-backed mortgage lenders. The plan calls for a "good... More
Submitted 7 months ago by saramediaconsortium | 0 Comments |
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