"http://yourmortgageoryourlife.wordpress.com/2008/11/19/a-foreclosure-solution-so-simple-it-would-work/ A Foreclosure Solution so Simple it Would Work By Anthony M. Freed Here is the solution to most of the ills of the current housing crisis - in the form of a languishing US House Bill that would allow homeowners facing foreclosure the option to stay in their homes as renters, and perhaps even compel their lenders to be more cooperative with the distressed borrowers when negotiating loan workouts..."    View Post

"FDIC Graphs Show the Extent of Financial Crisis: More Institutions Report Declining Earnings, Quarterly Losses; Lower Asset Values Add to the Downward Pressure on Earnings; Growth in Reported Noncurrent Loans Remains High; Nine Failures in Third Quarter Include Washington Mutual Bank; Failure-Related Restructuring Contributes to a Decline in Reported Capital: http://tinyurl.com/5s3d82"    View Post

"The Wall Street Bailout is quickly reaching into the trillions-of-dollars, and many analysts are speculating as to the current running total of the outlays thus far, while other financial experts like John Bogle , the founder of the Vanguard Group , are questioning the legitimacy and impact of the costs to maintain this overly-complicated system even when economic conditions are good. "The financial sector itself has been building for many decades into the largest single element of the American..."    View Post