January 11, 2009
SURELY ONE OF the least intuitively obvious federal laws is the bankruptcy rule that says a distressed debtor can ask a judge to reduce what he owes on a vacation house -- but not on a primary residence. You'd think it would be the other way around. But Congress meant to help home buyers: If......
Wash Post Sunday Outlook
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January 10, 2009
Citigroup's support for a plan to let bankruptcy judges modify the terms of troubled mortgages and help borrowers avoid foreclosure left its banking industry counterparts on the defensive yesterday, insisting that the plan would do more harm than good....
Wash Post Business
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Renae Merle and Binyamin Appelbaum
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January 09, 2009
Citigroup, one of the nation's largest lenders, yesterday agreed to abandon its long-standing opposition to a plan to let bankruptcy judges modify the terms of mortgages, a move that could help millions of distressed borrowers stay in their homes, Senate Democratic leaders said yesterday....
Wash Post Business
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Renae Merle and Lori Montgomery
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December 28, 2008
1. Weekly Standard editor and New York Times columnist William Kristol was hardly alone in thinking that the Democratic primary was Clinton's to lose, but it took a special kind of self-confidence to make a declaration this sweeping more than a year before the Iowa caucuses. After Iowa, Kristol......
Wash Post Sunday Outlook
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December 21, 2008
Filed under: Citigroup Inc. (C), JPMorgan Chase (JPM), Bank of America (BAC), Morgan Stanley (MS), Amer Intl Group (AIG), Wells Fargo (WFC) Wonder what happened to the hard earned money you paid in taxes? I can't account for all of it but $540 billion that went to six financial institutions is being...
BloggingStocks
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Peter Cohan
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December 07, 2008
Barack Obama's chief economic adviser was one of the youngest people to be tenured at Harvard and later became its president. His budget director went to Princeton and the London School of Economics, his choice for ambassador to the United Nations was a Rhodes scholar, and his White House counsel......
Wash Post Business
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Alec MacGillis
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Barack Obama's chief economic adviser was one of the youngest people to be tenured at Harvard and later became its president. His budget director went to Princeton and the London School of Economics, his choice for ambassador to the United Nations was a Rhodes scholar, and his White House counsel......
Wash Post Education
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Alec MacGillis
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Barack Obama's chief economic adviser was one of the youngest people to be tenured at Harvard and later became its president. His budget director went to Princeton and the London School of Economics, his choice for ambassador to the United Nations was a Rhodes scholar, and his White House counsel......
Wash Post Politics
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Alec MacGillis
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November 16, 2008
It's hard to find an investment you can trust these days. Not blue chips. Those investors are looking pretty blue themselves. Steady money-market funds haven't been all that steady. And once high-flying hedge funds -- never for the faint of heart anyway -- are crashing to earth....
Wash Post Business
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Annys Shin
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July 16, 2008
What are we taxpayers getting for our money as we bail out the geniuses who have run some of our leading financial institutions into the ground? The Treasury is extending a reported $300 billion line of credit to Fannie Mae and Freddie Mac, but what do we receive in return?...
washingtonpost.com - David Ignatius Archive
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