you want to make some big money, buy a chunk of those toxic mortgage-backed assets dragging down banks. You might harvest a bundle. Money is there to be made because investors, spooked by the bursting of the housing bubble, are ...
Read More »Economic cures are like booze for an alcoholic
Someone returning to Earth from a yearlong sojourn in outer space could be excused for feeling disoriented. After all, when said space traveler departed our fair planet, the U.S. economy was buckling under the weight of the burst housing bubble. ...
Read More »Kill JPMorgan’s stock dividend, save America’s banks
Memo to JPMorgan Chase & Co.: Your dividend needs to go. For all the complaints that U.S. banks aren’t lending enough money, the bigger problem may be they’re giving too much away. Here we are amid the greatest banking crisis ...
Read More »Motley Fool founders suggest path to $1 million portfolio
David and Tom Gardner, co-founders of the Motley Fool, the investment and financial-advice Web site, have started the year with a new investment book, “The Motley Fool Million Dollar Portfolio.” With the 39 percent decline in the Standard & Poor’s ...
Read More »FDIC may run ‘bad bank’ in plan to purge toxic assets of other banks
The Federal Deposit Insurance Corp. may manage the so-called bad bank that the Obama administration is likely to set up as it tries to break the back of the credit crisis, two people familiar with the matter said. FDIC Chairman ...
Read More »8th U.S. Circuit Court of Appeals
Criminal law Sentencing; child abuse 06-1103 United States of America, Appellant, v. Ruth Kane, Appellee On remand for reconsideration from the U.S. Supreme Court Submitted: Sept. 22, 2008 Filed: Jan. 14, 2009 Before: Judges Murphy, Hansen and Riley Opinion By: ...
Read More »Missouri Court of Appeals Western District
Insurance Financial downgrade; agent’s duty WD69587 Zubres Radiology, et al., Appellants, v. Providers Insurance Consultants, et al.,Respondents Appeal From: Cole County Circuit Court, Judge Jon R. Beetem Handdown Date: 1/20/2009 Opinion Author: Judge Victor C. Howard Opinion Vote: Judges Ellis ...
Read More »Obama indebted to Bush for setting bar so low
Barack Obama will enjoy a longer honeymoon because of George W. Bush. The new president’s transition to the White House has been eased by the preparatory work done by his predecessor. This may be the most successful transfer of power ...
Read More »Obama’s first civility test is taming Pelosi’s manners
President Barack Obama’s electoral success has much to do with his grasp of the American mood. Democratic and Republican Americans coexist peacefully every day and are unanimously disgusted by the increasingly negative tone of our politics. Obama revealed last January ...
Read More »Five ways to recoup your losses in the age of Obama
Even with all of the hoopla around Barack Obama’s inauguration last week, did you still get the gnawing feeling that the retirement cushion you had built up is now little more than a throw pillow? After so much wealth disappeared ...
Read More »Geithner debt sales to benefit from Paulson failures
Former Treasury Secretary Henry Paulson’s inability to restore confidence in the financial system is creating unprecedented demand for U.S. debt as his successor prepares to sell the most bonds in history. Timothy Geithner, who may be confirmed as head of ...
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