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Mississippi AG, others urge bankruptcy change - MSN MoneyCentralJACKSON, Miss. (AP) - Mississippi's attorney general has joined with his counterparts in several other states to urge Congress to amend U.S. bankruptcy law to allow federal bankruptcy courts to protect families from foreclosure. Attorney General Jim ...
Sour economy boosts demand for tax refund loans - Atlanta Journal ConstitutionSigns of the tough economic times aren’t hard to find these days, from foreclosure notices plastering neighborhoods to long lines at unemployment offices. Add to the list: local tax preparation offices. A huge crowd packed a Jackson Hewitt office ...
Should Uncle Sam Seize Mortgage Securities? - ForbesDemocrats are clear about this much: They believe the banks and the Bush administration have done too little to halt home foreclosures and they intend to do more. The source of the funds is clear too. House Financial Services Chairman Barney Frank, D ...
It's matter of time for resort developer - Orlando SentinelRobert Gidel, 57, chief executive officer of Celebration-based Ginn Development Co., a resort developer that is struggling with the real-estate slump and frozen credit markets. Gidel spoke recently with Sentinel staff writer Jerry W. Jackson ...
Banks finish mergers - Jackson SunATLANTA - Two mega acquisitions in the banking sector have been completed following the biggest financial crisis to hit the United States since the 1930s, capping a year in which Wall Street stocks were hammered, home foreclosure rates soared and job ...
Credit crunch's impact worrisome as record commercial loans come due - Dallas Morning NewsA record amount of commercial real estate loans coming due in Texas and nationwide the next three years are at risk of not being renewed or refinanced, which could have dire consequences, industry leaders warn. Without new lending, many malls ...
Don’t Blame George Bush; it was Gordon Gekko this Time! - Florida Times-UnionGeorge Bush didn’t do it this time! I know many want to blame George for everything that happened over the last eight years but in the case of our current financial crises it was not George. As Gordon Gekko pointed out in the movie Wall Street in ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. It’s hard to tell what’s more striking about Raghuram Rajan ’s 2005 presentation at the Kansas City Fed’s Jackson Hole symposium ...
Residential real estate - San Francisco Business Journal“You have to create a compelling reason for people to buy now,” says developer Holliday. One way to look at the future of residential real estate is in terms of the classic supply and demand dynamic, except that those two factors are unlike ...
The Madness of Crowds - Commentary MagazineFueled by easy credit, the real-estate market had been rising swiftly for some years. Members of Congress were determined to assure the continuation of that easy credit. Suddenly, the party came to a devastating halt. Defaults multiplied, banks began ...
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