Mortgage and Financial News From 2010-7-1 Page 4
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Ex-AIG's Cassano says bailout was too generous
The former head of the AIG unit that nearly crippled the insurer said the 2008 taxpayer bailout of up to $182 billion was too generous to customers like Goldman Sachs.
2010-06-30 11:52:36 -
Market Commentary and Intraday News
(RTTNews) - After more than 18 months of negotiation and debate, the U.S. House of Representatives voted 237-192 Wednesday, largely along party lines, to pass a sweeping package of reforms to the financial regulatory system, inching a step closer towards Obama administration's goal of a more accountable Wall Street.
2010-07-01 01:27:59 -
The Career of a Soldier
A survey of the events of two-thirds of a century--telling a story thrilling to every patriot, instructive to every observer of these times, and helpful to citizens in every station and of all beliefs who wish their country well--this man, humbly born, taught only in the nation's school, conquers a place among the great ones of the earth, restores unity to a divided people, and dies a plain ...
2010-07-01 01:33:41 -
Froma Harrop: Heaven must wait for a money-savvy public
In the conservative paradise, a nation of strong, hard-working individuals borrow responsibly and save for future needs. They don't need government telling them how to manage their money. If they do foolish things, they pay the price.
2010-07-01 02:13:56 -
Worries about the banks, shares plunging and a faltering housing market... Are we on the brink of a new crash?
The nervy mood on global financial markets of recent days bears an uncanny resemblance to that at the start of the credit crunch three years ago.
2010-07-01 03:40:50