NY Fed Begins Buying Mortgage Securities
The Fed will start purchasing mortgage-backed securities from Fannie and Freddie as part of a new plan.
Read more News Source - TheStreet.com
Publish date - 16:36:28 01/05/09

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Mortgage rates rock
Santa Fe mortgage brokers and bankers are experiencing a rush of mortgage applications as borrowers react to lower rates by refinancing mortgages and, to a lesser degree, buying new homes.
Read more News Source - Santa Fe New Mexican
Publish date - 06:15:09 01/06/09

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Quote of the Day
No single paragraph about the present economy's problems gives us more chills that one penned by Berkeley writer Michael Lewis in Saturday's New York Times . Summing up the credit ratings agencies Moody's and Standard and Poor's, which systematically pumped up mortgage-backed bonds and public companies like Lehman Brothers and the American International Group, Lewis writes, "These oligopolies, ...
Read more News Source - East Bay Express
Publish date - 20:15:19 01/05/09

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Wall Street Can't Shake Losses
The major indices close Monday in shallow negative territory despite an afternoon push higher. Frank Curzio reviews the action in The Real Story video (above).
Read more News Source - TheStreet.com
Publish date - 22:36:19 01/05/09

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Wall Street Makes Mopish Move to Neutral
Stocks in New York have risen off their early lows to trade with modest losses as investors take in auto sales and construction spending data.
Read more News Source - TheStreet.com
Publish date - 19:36:40 01/05/09

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Stocks Edge Off Morning Lows
Stocks continue to trade with losses as investors await U.S. vehicle sales data and absorb new construction figures.
Read more News Source - TheStreet.com
Publish date - 16:36:59 01/05/09

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The year in review for Ballard
Jan. 8: Is old Denny's a landmark?
Read more News Source - Ballard News-Tribune
Publish date - 22:52:32 01/05/09

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SEC Study Defends Fair Value Accounting
Dec. 30, 2008 (Xinhua Financial News) There is no need to suspend a controversial accounting rule used to value hard-to-price assets such as the toxic debt underlying the U.S. housing crisis, according to a U.S. Securities and Exchange Commission study released on Tuesday.
Read more News Source - SmartPros Accounting
Publish date - 17:14:19 01/05/09

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Dallas leaders tell what they'd do first if they were Obama
In 16 days, Barack Hussein Obama will officially go to work as our 44th president. The challenges are monumental. But so is the opportunity for greatness.
Read more News Source - Dallas Morning News
Publish date - 18:54:40 01/04/09

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David Cameron must show that Gordon Brown is wrong about big government
Cameron has to provide clear moral and economic arguments for a smaller state lower taxes and more individual responsibility says Janet Daley.
Read more News Source - Daily Telegraph
Publish date - 19:22:49 01/04/09

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