Topic: The New York Times Company
The collapse of many financial institutions and the implications of this for the economy is the major economic concern in the United States and around the world as we head into the last quarter of 2008. The accusation of Greed and even ...
The New York Times reported this morning 1-1-08 that a statewide investment pool for public funds in Florida has shut down due to investments in vehicles tied to subprime mortgages. CitiGroup, Bank of America and JPMorgan Chase apperared to have backed out ...
About Insurance Scores The Insurance Information Institute reports that insurance scores help insurers " An article in the New York Times on Dec. 23, 2007, reports that most insurers use two property claims databases. A good score, according to the New York ...
WASHINGTON (Reuters) - The Treasury Department wants lenders and companies that process monthly mortgage payments to do more to rework troubled home mortgage loans and will announce new measures on Monday aimed at achieving that goal, a department spokeswoman said on Saturday.The ...
Senate Finance Committee Chairman Max Baucus is expected to formally introduce the committee's long-awaited health reform bill on Wednesday, according to the WSJ, but questions linger from both Democrats and Republicans about the proposal.. Sen. Ron Wyden, a Democrat, said that "additional ...
The NY Times had an article Wednesday decrying bank overdraft fees. The interesting thing to me is that payday lenders are routinely vilified while bankers are often regarded as pillars of the community, despite the fact that standard bank overdraft practices are ...
The subprime mortgage is an example of a recent invention that offered benefits and risks. These mortgages permitted people with bad credit histories to buy homes, without relying on guaranties from government agencies like the Federal Housing Administration. Financial Engineering is taking ...
President Obama still supports having a government-backed health-insurance plan compete against private insurers. But if Congress passes a bill without a public plan, he might sign it.. " Here's a transcript; here are stories from the WSJ, New York Times and Washington ...
Those are the broad outlines of both the health-reform bill Sen. Ted Kennedy released yesterday, and of a draft plan presented to House Democrats also yesterday. Some Republicans (including John McCain) have backed this sort of tax. Sen. Max Baucus said yesterday ...
I just came across his superb March 2009 post, where he so excellently sets a well known personal finance writer straight on the topic of diversification.. Now, however, it's time for a visit to the wood shed for your March 14, 2009 ...