Word: mortgagees
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Dates: during 2000-2009
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"Britain's growth will continue into its 59th quarter and then into its 60th and 61st quarter and beyond ... Inflation has fallen from 3% to 2.8%, and will fall further this year to 2% ... Looking ahead to 2008 and 2009, inflation will also be on target. And we will never...
This basic error, born of folly, ignorance and greed, is the biggest cause of the mess we are now in. It was compounded by other factors. A system of remunerating bankers with fat bonuses based on the volume of business done, irrespective of the quality and future profitability of that...
On Tuesday, France, Belgium and Luxembourg said they'd pump $9.2 billion into troubled bank Dexia after news of its U.S.-linked losses sent its share price falling 30%. That followed Sunday's announcement that Fortis, the Dutch-Belgian insurance and banking giant, had been partially nationalized through a $16.4...
“In my view, preexistent government policies, starting with [mortgage insurer] Fannie Mae, created this situation by creating all these incentives for risky lending,” he said in a phone interview yesterday. “The bailout package doesn’t stop that. The same...
In the meantime, House GOP factions jockeyed to have their proposals included in whatever new bill is negotiated - many boasting that they (unlike their leaders) can deliver the necessary votes if their ideas are adopted. Jeb Hensarling, chairman of the Republican Study Committee, a group of fiscal conservatives in the...