Mortgage and Financial News From 2008-9-23 Page 4
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FBI 'Probe' Bailed Finance Giants (Ananova)
The FBI is reportedly probing America's bailed out financial institutions for potential mortgage fraud.
2008-09-23 08:22:00 -
FBI Probing Firms At Center Of Bailout (NBC 11 Bay Area)
The FBI is investigating four major U.S. financial institutions whose collapse helped trigger a $700 billion bailout plan by the Bush administration.
2008-09-23 08:23:24 -
Freddie Mac paid 15K a month to McCain aide's firm (The Post-Standard)
WASHINGTON (AP) — The lobbying firm of John McCain's campaign manager was paid $15,000 a month for several years until last month by one of two housing companies taken over by the federal government, a person familiar with the financial arrangement said Tuesday night.
2008-09-23 08:26:24 -
FBI investigates 4 firms at center of the economic turmoil (International Herald Tribune)
The FBI opened preliminary investigations into possible fraud involving Fannie Mae and Freddie Mac, Lehman Brothers and the American International Group.
2008-09-23 08:27:44 -
Nomura, Mitsubishi UFJ Rise After Lehman, Morgan Stanley Deals (Bloomberg.com)
Sept. 24 (Bloomberg) -- Nomura Holdings Inc. and Mitsubishi UFJ Financial Group Inc. rose in Tokyo trading as the Japanese companies pounced on investment opportunities created by the upheaval on Wall Street.
2008-09-23 08:30:35 -
The Words Left Unspoken in the Bailout Debate (Washington Post)
In all that's been said in recent days about the latest proposals to rescue the financial system, two words have been conspicuously absent.
2008-09-23 08:31:25 -
Bailout Debate Spawns High-Stakes Lobbying Scramble (Washington Post)
Executives and lobbyists for tiny community banks, giant hedge funds, auto-loan companies and finance industry chieftains were working the phones yesterday and marching up to Capitol Hill to make sure their interests would not be forgotten as the $700 billion bailout proposal for bad debts works its way through Congress.
2008-09-23 08:32:06 -
James Dwiggins with Realty World Northern California Enhances the ... - dBusinessNews.com
San Jose - EUGENE, ORE. – The most recent real estate professional to employ the services of IDX, Inc. is Tracy, Calif. based James Dwiggins with Realty World Northern California. Clients browsing Dwiggins comprehensive and information rich website ...
2008-09-21 02:18:00 -
BBC Blog Network - bbc
We're not doomed. Discuss. 11:45am on 23 Sep 2008 just for fun here's the Ferris Wheel Speech http://www.youtube.com/watch?v=mZg8a0nqjTE We're not doomed. Discuss. 10:46am on 23 Sep 2008 ....have any European banks gone bust... interestingly the ...
2008-09-23 10:51:00 -
Go slow — or not at all — in bailout - The Denver Daily News
As financial markets headed downward, the Bush Administration and the Democratic-controlled Congress decided they needed to “save” those markets by promising to intervene with up to $700 billion of taxpayer dollars. This is in addition to the ...
2008-09-23 02:33:00 -
Rescuing the American Economy - American Progress
We got there really through about 10 to 15 years of consistent and increasingly unrestrained deregulation of the financial services industry. This picked up speed in particular in the past eight years, which combined with the conservative idea that ...
2008-09-22 11:49:00 -
Adviser invested in felon's company - Santa Rosa Press Democrat
There are plenty of safe places for people looking for low-risk retirement investments to park their nest eggs. Jim Koenig Felon founded investment company, now accused of bilking investors. Most financial advisers would agree that the hands of a ...
2008-09-23 03:16:00 -
Interbank rates stay sky high on bank concerns - Forbes
LONDON, Sept 23 (Reuters) - Interbank lending rates stayed far above central bank target levels on Tuesday as doubts about the success of U.S. government financial bailouts undermined world equity markets again even as central banks continued to ...
2008-09-23 06:05:00 -
How Much Will It Really Cost? (New York Times)
This weekend, Treasury Secretary Henry Paulson delivered his proposal for rescuing the financial system to Congress. In a three-page legislative bill, Mr. Paulson asked for as much as $700 billion in authority for Treasury to purchase mortgage-related assets.
2008-09-22 09:39:53 -
Harry Fuller: Anybody Wanna Bail Out Some 401Ks? (HuffingtonPost)
We have pauperized our nation, most especially our government. The American dollar is looking more and more like a xeroxed hand-out.
2008-09-22 12:04:40