Archive for May, 2009
Sunday, May 31st, 2009
(ARA) - Over the past year, we've been inundated with daily headlines about the growing foreclosure crisis.source
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Saturday, May 30th, 2009
Chicago-based General Growth Properties Inc. warned Monday that it must refinance a large chunk of its short-term debt, or face the possibly of filing for protection from creditors in U.S. Bankruptcy Court if it is to continue as a going concern.source
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Friday, May 29th, 2009
There are many smart ideas floating around about how to solve the twin problems posed by securitizations and resetting mortgages.source
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Thursday, May 28th, 2009
BRUSSELS: Shares in Dexia fell sharply yesteday after the Belgian-French financial services group said it agreed the sale of its troubled US bond insurance subsidiary and launched a cost-saving drive after a heavy third-quarter loss.source
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Wednesday, May 27th, 2009
Many Americans are sinking in credit card debt and the financial crisis is making it harder for those families to tread water. They're using credit cards instead of cash to pay for gasoline, groceries and other items.source
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