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Daily Archives: June 22, 2010
Shiller: it will take more than low rates to stabilize housing
Robert Shiller on Bloomberg today: “Housing prices have been falling again for the past 6 months…the double dip in housing may have already started… Jobs are more critical to home sales than low mortgage rates:” Watch the clip here.
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Elizabeth Warren re next wave of problems in US banking sector
Today the Congressional oversight panel questions the US Treasury on the status of TARP and the latest US banking data. Chair Elizabeth Warren notes several areas of serious concern in this Bloomberg interview: 101 Banks have so far missed their … Continue reading
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The speech Barack Obama should deliver
Barry Ritholtz posted a great article this morning on the BP oil fiasco and the political bungle that has followed to date. He goes much further than most critics and actually offers a suggested text for the speech Obama should … Continue reading
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