Learn. Share. Connect. (52,390 Members)  - Join

February 2009 - Around The Web



Site Tools

Join Now or Sign In
for Full Access to All Features
What is
'Around the Web'?

It is a continuously updated stream of news from around the web.  Visit throughout the day for the latest breaking news.

Have News to Share ?
Members are encouraged to suggest stories for Around the Web.  Click the 'Suggest a Story' link to sumbit a link for review by our editors.

+ Suggest a Story

Syndication

Archive List

  • The Housing Chart That's Worth 1000 Words
    Published Mon, Feb 23 2009 9:23 AM by www.businessinsider.com
    Here's the big problem with almost all the current rhetoric about the housing crisis: It presumes that the goal should be to get house prices rising again. The problem with that idea is that, even after a 25% decline, house prices are still way too high.
  • Freddie Mac investigates self over lobby campaign
    Published Mon, Feb 23 2009 9:22 AM by www.washingtonpost.com
    WASHINGTON -- Lawyers hired by mortgage finance giant Freddie Mac are quietly investigating the firm's own $2 million lobbying campaign, The Associated Press has learned. The lobbying effort helped quash proposed new regulations on the company before...
  • Investors Eye Mall Owner's Performance
    Published Mon, Feb 23 2009 9:22 AM by online.wsj.com
    When General Growth reports results, investors won't just be looking at how badly it has been hurt by bankruptcies and contractions by retailers.
  • Bank lending yet to pick up, say companies
    Published Mon, Feb 23 2009 9:22 AM by www.ft.com
    Action by the government to recapitalise the banks and so increase the flow of lending to companies has failed to work effectively, according to a survey of manufacturers by the FT
  • Breaking a Barrier to Lending
    Published Fri, Feb 20 2009 3:08 PM by feedproxy.google.com
    via > Source : NYT, February 20, 2009 http://www.nytimes.com/interactive/2009/02/20/business/20090220-lend-graphic.html
  • BofA, Citi Shares Hammered
    Published Fri, Feb 20 2009 3:07 PM by www.businessweek.com
  • Refi Nation: Digging Out of the Mortgage Mess
    Published Fri, Feb 20 2009 3:07 PM by feeds.foxbusiness.com
    Wednesday’s Recovery and Reinvestment act promises $787 billion to American homeowners and homebuyers, offering much-needed protection against imminent foreclosure. This news came as a huge relief to many Americans with homes underwater struggling to...
  • Pimco's power play
    Published Fri, Feb 20 2009 3:07 PM by rss.cnn.com
    On the wall of his office overlooking the Pacific Ocean, Bill Gross has hung a poster of Jesse Livermore. In the early decades of the last century Livermore made and lost several fortunes on Wall Street before killing himself in 1940. Alongside the picture...
  • Favoring Nationalization Are . . .
    Published Fri, Feb 20 2009 10:58 AM by feedproxy.google.com
    The list of those people in favor of nationalization, our longstanding recommendation for the biggest banks in the financial sector, continues to grow. Aside from myself, here are the folks who are in favor of temporarily Nationalizing the banks, and...
  • BofA's CEO Lewis subpoenaed by Cuomo
    Published Fri, Feb 20 2009 9:40 AM by www.washingtonpost.com
    CHARLOTTE, N.C. -- Bank of America Corp. Chief Executive Ken Lewis has received a subpoena from the New York state attorney general's office in connection with Merrill Lynch's payment of employee bonuses before the companies combined on Jan. 1...
  • Lowe's posts sharp drop in profit
    Published Fri, Feb 20 2009 9:40 AM by Reuters
    ATLANTA (Reuters) - Lowe's Cos reported a sharp drop in quarterly profit on Friday as it marked down prices to lure consumers in the recession and it gave profit forecasts that fell short of Wall Street estimates.
  • Mortgage Rescue Eligibility Still Being Finalized
    Published Fri, Feb 20 2009 9:40 AM by www.washingtonpost.com
    A day after President Obama unveiled his $75 billion foreclosure prevention program, administration officials yesterday said they were still determining which homeowners should qualify.
  • U.S. Tries a Trillion-Dollar Key for Locked Lending
    Published Fri, Feb 20 2009 8:45 AM by dealbook.blogs.nytimes.com
    Credit cards, home equity lines, student loans, car financing: none come cheaply or easily in these credit-tight times. The banks, the refrain goes, just will not lend money. But it is not simply the banks that are the problem. It is also what lies behind...
  • Dow Industrials Plunge to a 6-Year Low
    Published Fri, Feb 20 2009 8:45 AM by dealbook.blogs.nytimes.com
    Goodbye, 7,500. Wall Street slipped lower on Thursday. The Dow Jones industrial average closed at its lowest level in six years amid concerns about the plans by the Obama administration to help homeowners in foreclosure and shore up the struggling banking...
  • Stimulus Law Aids Small Business, but Benefits Are Not Easy to Find
    Published Fri, Feb 20 2009 8:29 AM by dealbook.blogs.nytimes.com
    The $787 billion recovery package that President Obama signed into law on Tuesday has a little something for most small-business owners, though some complained that the law's benefits were not easy to figure out, The New York Times's Mickey Meece...
  • Citi, BofA down on nationalization fears
    Published Fri, Feb 20 2009 8:29 AM by Reuters
    NEW YORK (Reuters) - Shares of Citigroup and Bank of America fell in premarket trade on Friday on the fear that the banks would be nationalized, according to traders.
  • Roubini: Government-Backed Bank May Crack
    Published Fri, Feb 20 2009 8:29 AM by Seeking Alpha
    submits: As the Dow drops below the so called November test, Hogan's bottom etc., Nouriel is stoking : The process of socializing the private losses from this crisis has already moved many of the liabilities of the private sector onto the books of...
  • Mr. Obama: Not All Real Estate Investors Are Irresponsible
    Published Thu, Feb 19 2009 11:18 AM by CNBC
    Posted By: I’d like to know when exactly, on what day in particular as the housing market crashed down around us, that everyone decided the real estate investor was the villain? Topics: | | | Sectors: |
  • A Big Fix or a Big Mistake?
    Published Thu, Feb 19 2009 11:18 AM by CNBC
    Whether the President's mortgage plan is throwing good taxpayer dollars after bad loans, with Rep. Donna Edwards, D-MD MEDIA:
  • HUD Secretary: Mortgage crisis has become a jobs crisis
    Published Thu, Feb 19 2009 10:25 AM by news.yahoo.com
    "This started as a but it's become a jobs crisis," said Donovan, speaking a day after President Barack Obama announced a $75 billion program aimed at a problem many analysts say has been at the heart of the country's economic tailspin.
« First ... < Previous 3 4 5 6 7 Next > ... Last »
Home - About - Contact - Sitemap - Disclaimer - Privacy Statement - Advertising - RSS - Link To This Page

All Content Copyright © 2003 - 2009 Brown House Media, Inc. All Rights Reserved.
Reproduction in whole or in part in any form without the express written permission of MortgageNewsDaily.com is prohibited.