President Obama outlines a financial package that he says will force some of the nation's biggest banks to put billions of dollars toward the relief of many struggling homeowners. American homeowners can breathe (a small) sigh of relief. ...
In the Wild West of the ongoing mortgage mess, there’s a new sheriff in town. And he’s not handing "Get Out of Jail Free" cards in return for a $25 billion check. ...
American Jobs Act Carried Interest American Jobs Act Includes Tax Increase on Carried Interest Yesterday, the President addressed a joint session of Congress to unveil his jobs package.? President Obama told Congress that the $447 billion jobs proposal dubbed the American Jobs Act would be 100% paid for.? One way that the package is ...
WASHINGTON — The Obama administration is making it easier for out-of-work homeowners to stay in their homes, as it tries to revamp its troubled foreclosure-prevention program. Starting Aug. 1, the Federal Housing Administration will extend the period for unemployed homeowners to miss mortgage payments to a full year from three or four months ...
Hedge Funds GOP Hedge Fund Managers Shift Allegiance to Republicans Hedge funds are switching their allegiance to Republicans from Democrats. Back in 2008, hedge funds bet big on Barack Obama and the Democrats and it paid off. ...
If you've been a long-time reader of Controlled Greed, you know that Thomas Donlan of Barron's is my favorite editorial writer. (My favorite all-around columnist is Tim Carney of the Washington Examiner.) Why Donlan doesn't appear on the Sunday TV talk shows or Charlie Rose is beyond me. How many times do viewers have ...
There are two very good things going on in Dana Milbank's latest column, "Republicans in a post-post-9/11 era" . First of all, there's the recognition that the GOP has very proudly stepped into a "post-post-9/11 era!" Suppose that during the previous administration the Democrats had opposed President Bush's efforts to protect airplanes from would-be bombers ...