Word: biddinger
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That leaves the commercial mortgage-backed securities and other asset-backed securities that were once AAA-rated but have since been downgraded. Those toxic assets will be sold, Treasury hopes, by at least five still untested public-private investment funds that will be created through open bidding among investment banks...
Baucus announced last week a schedule to have his side of the bill marked up by the end of June. Starting in late April, the Finance Committee will hold a series of public roundtables followed by closed-door, member-to-member sessions on the delivery system - public or private, or...
The big forces now weighing on the market are housing and bad bank assets. Will investors need to see resolution on those fronts before bidding stocks higher? You'll need to see three things for the stock market to improve: 1) toxic assets taken off the bank balance sheets so...
The Adams House auction, which featured live bidding and musical performances by students, is an annual fundraiser for HoCo that was first held last year.
One thing Dodd has done of late is tack hard to populism. He has held hearings on credit-card abuses and introduced stringent legislation to prevent companies from luring consumers into dangerous amounts of debt. Last October, Senate majority leader Harry Reid took the unusual move of overriding a Democratic...