Home Prices Drop Worst In Twenty Years

Wednesday, June 25th, 2008

Home prices have dropped in almost all markets, and now the decline is the worst in twenty years. The government is debating what can be done, if anything to combat the erosion. The continued decline in home prices is driving down consumer confidence as well. The Conference Board's consumer ...

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Home Values Plummet In 20 Markets

Tuesday, June 24th, 2008

With the sub-prime mortgage fallout continuing, it might be a great time time to bottom fish for a new home if you have the financial means. Reports are in that home prices have went down over 15% in a year in 20 major metropolitan areas. Not surprisingly, Las Vegas, Miami and ...

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Matthew Tannin And Ralph Cioffi - Former Bear Stearns Execs Arrested

Thursday, June 19th, 2008

Ralph Cioffi and Matthew Tanin, two former hedge fund managers at Bear Stearns have been arrested on charges of mail fraud and conspiracy to commit securities fraud. The pair is accused of misleading investors in two funds that first ignited the sub-prime mortgage crisis. "The arrests are appropriate given the magnitude and ...

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Credit Crunch Is Affecting Stock Market

Thursday, June 19th, 2008

For Bulls who think a bottom has been reached, there are equal numbers of Bears warning that the worst of the financial crisis hasn't even been felt today. The credit crunch have kept the financial companies mired in losses and write downs. Continued write downs are putting downward pressure on ...

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