Word: fixes
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Dates: during 2000-2009
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...days behind on their payment within three months, and 55% had re-defaulted within six months." This information opens a Pandora's Box of whether the Administration's plan to help homeowners bring down their monthly payments will make any difference to the real estate market. (Read "How to Fix the Housing Market...
...early February, Goldman provided Kotz's office with a list of 11 recommendations to fix the agency, including a 10% bounty on uncovering fraud, a retail-broker-trained commissioner, greater authority to jail or to levy severe financial penalties, and an online clearinghouse for complaints. In response, Heidi Steiber, senior counsel to Kotz, told Goldman that "many ideas were worthy of consideration...
First and last? Much has been made of the fact that Geithner specifically avoided getting input from the financial sector before announcing his plan to fix the nation's ailing banks. Indeed, representatives of the American Bankers Association and the Securities Industry & Financial Markets Association, which lobby for large banks and Wall Street firms, respectively, say they have yet to have sit-downs with Geithner. A number of industry insiders say Geithner's early-February policy speech, which got a poor reception, would have gone better and had more detail if he'd had more meetings with financial executives. Geithner...
...since Obama has spent much of the past few weeks making clear both his legislative goals and his strategy for accomplishing them. So as you settle in tonight to watch the prolonged legislative applause, realizing that, like 25 million Americans, you will be denied your Tuesday night American Idol fix, here are five things to look...
...Resisting of Cassandra Creep For weeks, Obama has reminded the nation of the fix it's in. He has spoken of the risk of downward "spiral," deepening "crises," potential economic "catastrophe" and the "big challenge" ahead. At the time, such language served a political purpose: to direct public pressure toward Congress to pass the stimulus, while making clear that the problems were inherited. But too much grim talk runs the risk of becoming self-fulfilling. As White House economists will explain, the worst fears of an economic spiral involve a self-perpetuating collapse in consumer confidence that leads...