Word: bankes
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...addition to getting private equity involved, some of the money from the remaining TARP capital may go to mortgage relief. According to MarketWatch, "The Treasury Department also is expected to use between $50 billion and $100 billion of the bank bailout program to fund a mortgage-mitigation proposal to help troubled homeowners avoid foreclosure." How does that series of programs get administered? No one knows...
...Strata is one of the many so-called toxic assets clogging the nation's financial pathways. What's more, the complicated bond and its ilk are likely to present a significant stumbling block in the government's latest effort to fix our ailing banks. (Read "Why Your Bank is Broke...
...Benjamin Netanyahu, the former Prime Minister and leader of the Likud party. When Israelis last voted in 2006, they chose the centrist Kadima party, which vowed to push for a U.S.-sponsored peace with the Palestinians, even if it meant sacrificing Jewish-held land in the West Bank. This time, with the rise of Hamas in Gaza, few Israelis have illusions about reaching a lasting peace...
Israeli voters are also worried that Netanyahu - and his objections to a proposed Palestinian state in the West Bank and Gaza - may clash with the Obama Administration. Otherwise, the ex-premier, with his flawless American accent (he went to M.I.T.) and mannerisms, is media-ready for the U.S. Netanyahu says he will refuse to stop expanding Jewish settlements in the West Bank and to share Jerusalem as the capital of a future Palestinian state. Both are seen as key to an accord with the Palestinians. Netanyahu also says Israel will stop Iran from building nuclear weapons, by force if necessary...
...opinion survey released Thursday by an independent Palestinian polling organization found that Hamas would beat Fatah if a new Palestinian Authority election were held today, and that Hamas acting premier Ismail Haniyeh is the leader most trusted in the West Bank and Gaza. And, as Abbas' own standing falls, so do his prospects of convincing Hamas and other Palestinians that peace may still be possible with the Israelis...