Archive for February, 2011

Wis. Gov Challenges Dems to Return for Budget Vote

Monday, February 28th, 2011

Gov. Scott Walker says it only takes one senator to stand up and do his job to avoid $165 million loss in savings Protesters Decry Anti-Union Efforts Absent Teachers on Union Payroll OPINION: Union Bile Runneth Over---read the article

More on the Mortgage Mess

Thursday, February 24th, 2011

As our banking giants engaged more and more in speculation, and as the shadow banking system saw a way to make money off of people's bad financial decisions by betting against subprime loans, the financial crisis took off.---read the article

Dante notes led to a financial inferno

Wednesday, February 23rd, 2011

Wingecarribee Shire Council made an expensive mistake in January 2008. The crisis in the United States subprime mortgage market was in full swing, triggering horror at a group of Australian councils, charities and churches which had invested in financial products marketed by Lehman Brothers Australia Ltd.---read the article

Lloyds takes £500 million hit on mortgage mishap

Tuesday, February 22nd, 2011

LONDON (Reuters) - Part-nationalised bank Lloyds will take a 500 million pound provision after agreeing to repay 300,000 customers following confusion over the rates being offered at some of its mortgages. ...---read the article

Wisconsin governor seizes chance to take on unions

Monday, February 21st, 2011

Gov. Scott Walker has set his sights on forcing public workers to pay more for benefits as he looks to balance the state's budget -- savings he needs to help cover the cost of tax cuts he demanded the day he took office.---read the article

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