Existing home sales unexpectedly surged 10% in September — the second consecutive monthly rise. Although a retrenchment is always possible, if existing sales continue to rise in the quarters ahead, that improvement would suppo…
Now that N.Y. Chief Judge Jonathan Lippman has considerably tightened the state’s foreclosure rules, his effort to eliminate robo-signing has greatly raised the stakes for the banks’ attorneys. But what will the practical impac…
The amount of time it takes to foreclose on a home is increasing, meaning that delinquent borrowers can stay in their houses for months after they stop making payments, according to Freddie Mac.
Freddie Mac, which, along with Fannie Mae finances abou…
Even as consumers celebrate lower prices, economists fear that widespread price decreases signal more problems ahead for the U.S. economy.
To show the breadth of price declines, we’ve compiled a list of popular products that h…
In a wide-ranging interview, the Nobel Prize winner decries the system of skewed incentives that allowed Wall Street bankers and other corporate execs to gamble with the country’s wealth — and then get away largely scot-free. What happened to “with justice for all,” he asks.
Continue reading Economist Joseph Stiglitz: Put Corporate Criminals in Jail
Economist Joseph Stiglitz: Put Corporate Criminals in Jail originally appeared on DailyFinance on Fri, 22 Oct 2010 06:30:00.
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