Federal Budget Deficit Reaches $765B In 5 Months

Foreclosure Filings in U.S. Jump 30%, Thwart Prevention Effort

Foreclosure filings in the U.S. climbed 30 percent in February from a year earlier as the worsening economy thwarted efforts by the government and lenders to prevent homeowners from losing property, RealtyTrac Inc. said.

http://www.bloomberg.com/apps/news?pid=20601103&sid=a.r81zAhO1so&refer=us



Federal Budget Deficit Reaches $765B In 5 Months

Lower tax revenue and massive government spending on the bank bailout pushed the federal deficit to $765 billion in the first five months of the budget year, well on its way to hitting the Obama administration's projection of a record annual imbalance of $1.75 trillion.

http://snipurl.com/doy0y



More Companies At Risk of Failing

Moody's, the ratings agency, recently published a list of "bottom rung" companies most likely to default on their debt. The criteria are technical, but the upshot is that a lot of companies are in deep trouble - and the list is getting longer, not shorter.

http://biz.yahoo.com/usnews/090310/10_more_companies_at_risk_of_failing.html?.&.pf=family-home


From Information Clearing House



http://freepage.twoday.net/search?q=budget+deficit
http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=foreclosure

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