World-News

Did Geithner & Co cave in to the banks?

The report accuses treasury secretary Tim Geithner - at the time head of the New York branch of the US Federal Reserve - and his colleagues in the federal government of failing to negotiate discounted settlements with the banks.

http://blogs.aljazeera.net/americas/2009/11/17/did-geithner-co-cave-banks



National Debt Now Tops $12 Trillion

It's another record-high for the U.S. National Debt which today topped the $12-trillion mark. Divided evenly among the U.S. population, it amounts to $38,974.34 for every man, woman and child.

http://snipurl.com/tay92



More than $98 billion in improper gov't payments

More than $98 billion in taxpayer dollars spent by government agencies was wasted.
http://news.yahoo.com/s/ap/20091118/ap_on_bi_ge/us_government_waste



Mortgage delinquencies hit another record in 3Q

For the three months ended Sept. 30, 6.25 percent of U.S. mortgage loans were 60 or more days past due, according to credit reporting agency TransUnion. That's up 58 percent from 3.96 percent a year ago.

http://snipurl.com/tae7m



Home-Purchase Mortgage Filings Plummet -MBA

The volume of mortgage applications filed to purchase homes last week hit the lowest level in nearly nine years, the Mortgage Bankers Association reported Thursday.

http://snipurl.com/tay9t



U.S. Home Construction Dropped 10.6 Percent in October

Construction of new homes unexpectedly plunged last month, as builders waited to see whether lawmakers would extend a tax credit for homebuyers.

http://snipurl.com/taya7


From Information Clearing House



http://freepage.twoday.net/search?q=Geithner
http://freepage.twoday.net/search?q=Treasury
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=national+debt
http://freepage.twoday.net/search?q=taxpayer
http://freepage.twoday.net/search?q=mortgage