Sunday, February 22nd, 2009
San Francisco cabbie Zaki Alshalya is hoping against hope that the bailout plan will help him avert a foreclosure. Alshalya was among a dozen consumers interviewed today in San Francisco and the East Bay who were grappling with anxiety about the machinations...source
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Sunday, February 1st, 2009
Federal Reserve Chairman Ben Bernanke bluntly warned reluctant lawmakers Tuesday they risk a recession with higher unemployment and increased home foreclosures unless they act on the Bush administration's $700 billion plan to bail out the financial industry. original article
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Friday, January 30th, 2009
WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke bluntly warned Congress on Tuesday it risks a recession, with higher unemployment and increased home foreclosures, if lawmakers fail to pass the Bush administrations $700 billion plan to bail out the financial industry. original article
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Thursday, January 15th, 2009
WASHINGTON — Home prices. That's what the historic Wall Street bailout is really about. Falling home prices nationwide have acted like dominoes, knocking homeowners into foreclosure and taking down lender after lender, until the entire global financial system was in jeopardy. original article
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