Monday, 1 December 2008

Mortgage move may help US funding

Those viewing the economic news all over the world may get something of a sense of deja vu when watching and reading ...

From boom to bust -
AS I drive up to the dusty fairgrounds of the German-American Social Club of Cape Coral, Florida, I see an abandoned white house with peeling paint and boarded-up windows across ...

Layoffs at Wolseley as property slowdown accelerates (Reuters via Yahoo! UK & Ireland News)
In a sign of the increasingly acute contraction of the worldwide property market, building supplies company Wolseley announced a slew of layoffs and store closures, sending its shares tumbling as much as 8 percent in early trading.

The nationalisation of credit - bbc
As I said boringly and monotonously on Monday, before during and after the pre-Budget report, the overhang of excessive debt accumulated in the boom years remains the biggest ...

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