Stephen Hester, the chief executive of Royal Bank of Scotland, was forced to issue a public apology after the bank was unable to say how…
Rosa O’Neil would like to know what happened to her neighbors. Over the past decade she’s watched as people she’s lived next to for decades, disappear one by one, until she lives nearly alone on her Irvington, New Jersey street.
Subprime lending w…
Three years since the collapse of Lehman Brothers, we’re not any closer to purging the rot at the heart of our financial-regulatory complex. Last December, Bank of America agreed to pay $1.35 billion to Freddie Mac for nearly 800,000 faulty mortgage…
Kewl. Nick Timiraos just retweeted my tweet to him.
NickTimiraos Nick Timiraos Obama jobs bill would spend $15B to have construction workers rehab hundreds of thousands of vacant, foreclosed homes and businesses
Lee_Adler Lee Adler by NickTimiraos@…
Postal Service asks Congress to allow 120,000 layoffs, overhaul benefits
By Laurie Segall @CNNMoney August 11, 2011: 8:52 PM ET
NEW YORK (CNNMoney) — Hundreds of thousands of postal workers could soon lose their jobs, or face drastic changes to their…
CNN link. (Looked for BBC story, to get definitive report on number of strikers – until I realized BBC’s on strike as well! I’d also note that if you’ve been to your post office lately, you’ll see a sign that they’re not taking several classes of mail…
From Generational Dynamics:
“Violent protests continued across Egypt on Thursday, for a third consecutive day, despite a large deployment of security forces by the government, according to VOA. The protesters are trying to bring down the 82 year old…
When the lenders foreclose on your house and you’re turfed out of the place, makes sense that you’re gonna rent a place to live. After all, it might be a tad difficult to get a mortgage on another home….
U.S. apartment vacancies fell to a two-year …
The population of the United States has increased steadily by roughly 2.5 million people every year since World War II. Throughout prosperity and hard times, Americans continue to have families. Many of the country’s regions have expanded to ac…