Posts Tagged “Sheila”

News Sources wrote an interesting post today on
Here’s a quick excerpt
Boston Globe

FDIC’s Bair says tackling underwater mortgage woesReutersThis negative equity has been a bane of homeowners, making many unqualified for home loan refinancing and preventing some from selling. …Remarks by FDIC Chairman Sheila C. Bair at the 2010 Multicultural Real Estate … LoanSafeBair pitching for consumer agency The Associated PressBREAKINGVIEWS - America’s small bank problem looks manageable Reuters India Waterbury Republican Americanall 228 news articles »

Read the rest of this great post here

webmaster@technorati.com wrote an interesting post today on
Here’s a quick excerpt
LoanSafe

Remarks by FDIC Chairman Sheila C. Bair at the 2010 Multicultural Real Estate …LoanSafeBut the fact is that deeply underwater mortgages – those with loan-to-value ratios of 150 percent or more – are very likely to default. …Mortgage Principal Reduction Plan—Will It Help Homeowners With Underwater … Red, White, and Blue Press (blog)all 3 news articles »

Read the rest of this great post here

News Sources wrote an interesting post today on
Here’s a quick excerpt
Zero Hedge By Jeff Harding The Daily Capitalist Most economists in the government think they have saved the world from economic collapse. Recently Larry Summers said that on the White House blog. Sadly he touted the benefits of J.M. Keynes’s economic philosophy (”The wisdom of Keynesian policies has been confirmed by the performance of the economy over the past year.”). He must be looking at different data that’s not available to me. My premise is that government actio

Read the rest of this great post here

News Sources wrote an interesting post today on
Here’s a quick excerpt
The FDIC is considering tapping its emergency line of credit with the Treasury. FDIC Chair Sheila Bair recently hinted after a speech at Georgetown University that all options are on the table when it comes time to replenish the dwindling Deposit Insurance Fund. We’ll find out more in the next few weeks after the FDIC board of directors meets. Stock market bulls aren’t concerned about the inevitable acceleration in bank failures — at least for now. Even though deposits will be insured against

Read the rest of this great post here

News Sources wrote an interesting post today on
Here’s a quick excerpt
Speeches & Testimony Remarks by FDIC Chairman Sheila Bair to The Economic Club of New York; New York, New York April 27, 2009 Good afternoon everybody. I’m honored to be here this afternoon. I’m told it’s the first time in your distinguished, 102-year history that you’ve invited an FDIC chairman to speak. You’ve had presidents, prime ministers, five-star generals, lots of Fed chairmen and Treasury secretaries, and many corporate CEOs … not to mention the U.S. Senate Majority Leader, m

Share and Enjoy:

Read the rest of this great post here