Word: presidentitis
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Moves to force lenders to pay up in response to the global financial blowout are gaining momentum. German officials announced plans Monday, March 22, to start taxing banks as a way of squirreling funds for any future bailouts, with details expected to come before the end of the month. U.S...
"The housing market overall is starting to stabilize and move a bit sideways but certainly is not on the upswing," says Heather Fernandez, vice president of Trulia, a real estate research firm. "Our best guess is that the market continues to move sideways in 2010 and we start to see...
Reaction is mixed to President Obama's plan to prevent up to 4 million homeowners whose mortgages are underwater from defaulting on their loans over the next three years.
The latest initiatives are aimed at slowing the steady stream of homes that are headed toward foreclosure. The number of households receiving foreclosure filings, which includes default notices, auction-sale letters and bank repossessions, was 2.8 million in 2009, up from 2.3 million in 2008, according to Rick Sharga, vice...
How likely is that to happen? Not very, according to media reports in France. French newspapers and television news channels said Sarkozy's address meant the carbon tax was "dead and buried" - most of all because of the high improbability of all 27 E.U. members voting in an identical measure...