Mortgage and Financial News From 2008-10-26 Page 01
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How to Bankrupt a Nation - Lewrockwell.com
How would you bankrupt yourself? You’d want to get yourself into a position where you could not pay off your debts. You’d run up big credit card bills. You’d borrow heavily. You’d mortgage and re-mortgage your house. You’d splurge on your ...
2008-10-26 10:49:00 -
Mortgage Money is out There for Buyers to Capitalize on Affordable ... - Businesswire.com
MORRIS PLAINS, N.J.--( BUSINESS WIRE )--The economy is front and center these days for Americans. And with much of the attention focusing on the struggles of some banks on Wall Street, many assume it ’ s virtually impossible to get a mortgage, even ...
2008-10-20 10:53:00 -
TOPWRAP 1-S.Korea cuts rates as Asia steps up crisis response (Reuters via Yahoo! Malaysia News)
* Korean cenbank slashes rates by 75 bps in emergency move
2008-10-26 10:14:07 -
Advertisement starts (Tiscali)
shares fell on Monday as investors scrambled for assets they see as relatively safe. The yen, government bonds and gold climbed. "Policy-makers have been unable to calm the storm, although the increasingly aggressive response offers some hope," said Citigroup analyst Robert Buckland."
2008-10-26 10:34:13 -
Berkeley County facility for Google's eyes only? (The Post and Courier)
Without a doubt, field trips to the new Google facility in Berkeley County are not in the cards. Rhett Weiss, senior team leader for strategic development at the Internet search titan, shared some insight into business trends at a Charleston Regional Development Alliance meeting last week.
2008-10-26 11:16:19 -
Capital anchors and the law of large numbers (Manila Standard Today)
Can the law of large numbers really actually spread your risk and make your portfolio immune to failure? Can this really be applied to derivatives, especially those dependent on credit?
2008-10-26 11:17:39 -
CENTRAL NY BUSINESS NEWS (The Post-Standard)
• Consider the cost when refinancing Q. We're considering refinancing our mortgage and adding $10,000 to pay off credit card debt. We have 14 years left on a 20-year, 7 percent fixed-rate mortgage with a balance of $112,000. Our credit union is offering a 15-year, 5.5 percent fixed-rate "refi."
2008-10-26 11:19:59 -
Foreclosure crisis vexes government (North County Times)
WASHINGTON ---- Each day from July through September, more than 2,700 Americans lost their homes in foreclosure.
2008-10-26 11:30:05 -
S Korea cuts rates as Asia steps up crisis response (The Economic Times)
South Korea resorted to a record interest rate cut and Japan called an emergency meeting after shares hit a 26-year low as Asian governments scrambled to prevent stricken markets from sucking economies into a global slump.
2008-10-26 11:30:38 -
Crashing home prices (Pocono Record)
A massive speculative bubble in housing prices caused millions of Americans to think of their homes as an investment, rather than a place to live. Now prices are plummeting, especially in once-sizzling markets like California, Florida and Nevada.
2008-10-26 11:34:54 -
G7 fires warning shot on yen surge (Reuters via Yahoo! News)
The Group of Seven warned the surging yen posed a threat to financial and economic stability on Monday in the latest coordinated effort by the world's richest nations to contain worst financial crisis in 80 years.
2008-10-26 11:44:52 -
Down for the count: The whole system is contracting (Online Journal)
“The great inter-war slumps were not acts of God or of blind forces. They were the sure and certain result of the concentration of too much economic power in the hands of too few men (who) felt no responsibility to the nation.”
2008-10-26 11:57:18 -
Turnbull succeeding in messing with PM's mind - Brisbane Times
During a pre-game function at the NRL grand final earlier this month, Malcolm Turnbull tried for some time to catch Kevin Rudd's attention. Turnbull had an idea concerning a non-partisan domestic matter and he wanted to pass it on. According to ...
2008-10-26 04:22:00 -
O'Brien in Philadelphia - Atlanta Journal Constitution
The entry titled "Which Braves prospects are untouchable?," and any of the comments about it. Philadelphia — I’m in chilly Philly and Braves officials are not. But neither are officials from most other teams, save for the participating Phillies ...
2008-10-26 02:28:00 -
Big Money - Wall Street Journal
Paul Gigot: Coming up next on "The Journal Editorial Report," Barack Obama's bonanza. He abandoned his pledge to take public financing and raised record amounts of cash. Now he's outspending his opponent 3 to 1 on the airwaves. We'll take a closer ...
2008-10-26 01:38:00