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  • Sun, Aug 3 2014
  • 9:49 PM » Portugal in $6.6 billion rescue of Banco Espirito Santo
    Published Sun, Aug 03 2014 9:49 PM by Reuters
    LISBON (Reuters) - Portugal will spend 4.9 billion euros ($6.58 billion) to rescue its largest listed bank, testing the euro zone's resilience to another banking crisis just months after Lisbon exited an international bailout.
  • 9:49 PM » A wild card in Fed's rate hike timing
    Published Sun, Aug 03 2014 9:49 PM by CNBC
    In the first half of 2014, U.S. trade deficit lost 1.14 percentage points while the growth only saw a 1 percent increase.
  • 9:40 PM » Why ETFs may be the biggest bond worry
    Published Sun, Aug 03 2014 9:40 PM by CNBC
    Declining credit standards among bond issuers may be worrying, but the papers' buyers, especially ETFs, may also pose risks if liquidity dries up.
  • 9:37 PM » Is There Really a Student Loan Debt Crisis?
    Published Sun, Aug 03 2014 9:37 PM by webfeeds.brookings.edu
    As of last year, student loan debt in the U.S. exceeded $1.2 trillion, more than any other type of household debt except home mortgages. Media accounts have described this as the "potential next debt bomb for the U.S." and "the next financial disaster." But is there really a student loan debt crisis? To find out, I spoke with Beth Akers , a fellow in the Brown Center on Education Policy at Brookings. She explains how evidence sheds light on the problem, noting that it's difficult to reconcile reports of bad outcomes with what is, in general, a very good investment. Also in this podcast, listen to Senior Fellow Bruce Riedel speak about his new book, What We Won: America's Secret War in Afghanistan, 1979-89 (Brookings Institution Press, 2014). Show notes: • Is a Student Loan Crisis on the Horizon?   (report by Beth Akers and Matt Chingos) • The Typical Household with Student Loan Debt (Brown Center Chalkboard) • Student Loan Safety Nets: Estimating the Costs and Benefits of Income-Based Repayment (paper by Akers and Chingos) • Student Loans Rising (paper by William Gale, Benjamin Harris, Bryant Renaud, and Katherine Rodihan) Audio Student Loan Debt Crisis? Authors Beth Akers Fred Dews Image Source: © Larry Downing / Reuters                
    Click Here to Read the Full Article

    Source: webfeeds.brookings.edu
  • 9:37 PM » Freddie Mac Executes First Sale of Seriously Delinquent Loans From Its Investment Portfolio
    Published Sun, Aug 03 2014 9:37 PM by freddiemac.mwnewsroom.com
    Freddie Mac Executes First Sale of Seriously Delinquent Loans From Its Investment Portfolio
    Click Here to Read the Full Article

    Source: freddiemac.mwnewsroom.com
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