Archive for April, 2010

The Big Six banks are shorting the American Dream

Monday, April 26th, 2010

The Big Six investment banks, Goldman Sachs, Morgan Stanley, JP Morgan Chase, Citigroup, Bank of America and Wells Fargo, are “shorting the American Dream,” according to economist Simon Johnson and entrepreneur James Kwak in an interview on April 16, “Financial Regulation and Regulatory Capture” on Bill Moyers Journal . Here’s a summary of the big and important ideas and issues on the table.

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UK house prices up in April: Hometrack

Monday, April 26th, 2010

Housing market sees annual 1.8 per cent rise, but growth slows from March. 26 Apr 2010 11:54 AM

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Seeing red: Take steps to alleviate debt

Sunday, April 25th, 2010

For many consumers, debt is a part of everyday life, but for some the burden has been exacerbated by the economic downturn. Rising unemployment, a tough job market and various other factors are making it increasingly difficult for some to escape their mounting debt.

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British house prices rise 1.8%

Sunday, April 25th, 2010

House prices in England and Wales rose by an annual 1.8 percent in April, their fastest pace of increase since January 2008, property data company Hometrack said today.

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House prices up in April 

Sunday, April 25th, 2010

House prices in England and Wales rose by an annual 1.8 percent in April, their fastest pace of increase since January 2008, property data company Hometrack said on Monday.

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Schwab case shows pain of a bond market’s collapse on small investors

Sunday, April 25th, 2010

250,000 individuals say they lost up to $800 million through the brokerage’s YieldPlus fund when the bottom fell out of the market for mortgage-tied bonds. As the government’s lawsuit against Goldman Sachs Group Inc. over mortgage-backed securities stirred an uproar, a case with a lower profile showed the pain that some small investors suffered in the collapse of the market for bonds tied to …

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Five tips to land a mortgage

Sunday, April 25th, 2010

Back in the bad old days of the housing boom, merely having a pulse seemed to qualify you for a mortgage. Now, not only do you need a strong heartbeat, all of your documents need to be double- and triple-checked.

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Fancy houses hard to sell Luxury homes can be challenging: A smaller pool of buyers, longer listing times and more …

Saturday, April 24th, 2010

Selling a home in the past two years hasn’t been easy, especially if your house is in the higher price ranges.

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Dealers, Pentagon square off

Saturday, April 24th, 2010

Car dealers have had great success over the years lobbying in state capitols and Washington, but they’re up against a new opponent in their latest fight over regulation. The Pentagon.

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Arizona home values may depend on mindset of buyers

Saturday, April 24th, 2010

How speculation came to dominate the market and what the prospects for Arizona are going forward.

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