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Are sweeping changes coming for mortgage finance?
Published December 4, 2008, 4:26 pm, Belleville News-Democrat
WASHINGTON - Adding to a mounting chorus in the nation's capital that the Bush administration must do more to reverse the nationwide housing slump, Federal Reserve Chairman Ben Bernanke on Thursday spelled out several aggressive steps that government could take to fix the main cause of the recession.
MONEY MARKETS-Central banks keep lending markets afloat
Published December 4, 2008, 2:05 pm, Reuters via Yahoo! Malaysia News
By Pedro Nicolaci da Costa
Fortress, the Hedge Fund, Is Crumbling
Published December 4, 2008, 12:20 pm, The Hendersonville Times-News
Shares in the Fortress Investment Group plummeted 25 percent, to $1.87, after the firm said that it had temporarily suspended redemptions at its largest fund.
Arrest made in Madison 'bike rage' case
Published December 4, 2008, 10:46 am, Milwaukee Journal Sentinel
An arrest has been made in the case of a Madison bicyclist who was beaten by another bicyclist after a confrontation Nov. 26, Journal Sentinel reporter Tom Held reports in his Off the Couch blog.
Interest rates cut: Ways to beat the rate cut and get an income of more than 5pc
Published December 4, 2008, 8:42 am, Daily Telegraph
Savers are having their paths blocked wherever they turn for returns as interest rates tumble to 57year low.
In credit crunch, condo associations need bylaw changes to enable sales
Published December 4, 2008, 8:21 am, Provincetown Banner
PROVINCETOWN — The current financial crisis in the national housing market is forcing local condominium associations to make dramatic changes in their bylaws in order to prevent values from further declining.
Treasuries Rise Before Jobs Reports, Yields Fall to Records
Published December 4, 2008, 4:40 am, Bloomberg
Dec. 4 (Bloomberg) -- Treasuries rose, pushing yields to record lows, before government reports forecast to show the steepest U.S. job losses in a quarter century.
Fortress, the Hedge Fund, Is Crumbling
Published December 4, 2008, 4:20 am, New York Times
When Wesley R. Edens and his partners founded their investment firm a decade ago, they chose a name that evoked unshakeable bastions: Fortress. But now their stronghold is under siege — and some of its investors are running for cover, The New York Tiems’s Michael J. de la Merced writes.
Europe Stocks, U.S. Futures, Bonds Advance; Pound, Euro Drop
Published December 4, 2008, 3:45 am, Bloomberg
Dec. 4 (Bloomberg) -- European stocks , U.S. index futures and government bonds advanced, while the pound and the euro fell as investors speculated central banks will keep cutting interest rates to revive economic growth.
Should you Invest during a recession?
Published December 4, 2008, 3:25 am, Portsmouth Herald
DURHAM and#8212; As negative as the title of the second Whittemore School of Business and Economics forum on the economy was and#8212; "The Worsening Economic and Fiscal Crisis: The First Recession of the Global Economy" and#8212; the news from three UNH...
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