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news.yahoo.com - 12/1/2008

AP IMPACT: US diluted loan rules before crash (AP)

— news.yahoo.com — AP - The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy... collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient ... (more) AP IMPACT: US diluted loan rules before crash (AP)

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news.yahoo.com - 12/7/2008

AP IMPACT: How Freddie Mac halted regulatory drive (AP)

— news.yahoo.com — AP - When the Washington Nationals played their first-ever baseball game in the nation's capital in April... 2005, two congressmen who oversaw mortgage giant Freddie Mac had choice seats — courtesy of the very company they were supposed to be keeping ... (more) AP IMPACT: How Freddie Mac halted regulatory drive (AP)

Washington, D.C

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2

abcnews.go.com - 12/8/2008

AP IMPACT: More Are Getting Away With Murder

— abcnews.go.com — Despite the rise of DNA fingerprinting and other "CSI"-style crime-fighting wizardry, more and more people in this... country are getting away with murder. FBI figures obtained by The Associated Press show that the homicide clearance rate, as detectives ... (more) AP IMPACT: More Are Getting Away With Murder

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Nobody Could Have Predicted
Eschaton — Nobody Could Have Predicted That taxpayers would eat big shitpile. Stock intended to eventually earn taxpayers a profit as part of the Bush administration's massive bank bailout has lost a third of its value — about $9 billion — in barely one month, according to an Associated Press analysis. Shares in virtually every bank that received federal money have remained below the prices the government negotiated.

AP IMPACT: Some bailout holdings down $9 billion
Democratic Underground Latest Breaking News — ... its 53 agreements. Taxpayers would be out $9.1 billion . ... So far, however, only two of the 53 banks can be considered a good investment . ... "It's a complete mistake to think this is a good investment for us," said Paola Sapienza, a finance associate professor at Northwestern University's Kellogg School of Management, who spearheaded a September protest of the bailout by more than 200 of the nation's leading economists. "It's a gamble. It's like going to Las Vegas." Read more: http://news.yahoo.com/s/ap/20081205/ap_on_bi_ge/bailout... [image]

Brad’s new plan for economic recovery
Sadly, No! — ... Say, how’s the bailout going? Some bailout holdings down $9 billion Stock intended to eventually earn taxpayers a profit as part of the Bush administration’s massive bank bailout has lost a third of its value — about $9 billion — in barely one month, according to an Associated Press analysis. Shares in virtually every bank that received federal money have remained below the prices the government negotiated. Most of the Treasury Department’s investments since late October have been in preferred bank stocks, ...