Posted on October 30th, 2008 by moneyvsdebt
The American International Group said Thursday that it had been given access to the Federal Reserve’s new commercial paper program, allowing it to reduce its reliance on a costlier emergency loan from the Fed.
The company said it would be able to borrow up to $20.9 billion under the new program, raising its maximum available credit [...]
Filed under: Ben Bernanke, Finance, Financial News, federal reserve, politics | No Comments »
Posted on October 29th, 2008 by moneyvsdebt
Yahoo housing prices dropped again! I understand if you purchased to much home or you’re in over your head it might suck for you. However, you can’t feel to bad because the stupid Fed and this retarded bail-out plan are going to help you with a soft landing anyway. Hopefully you’ll learn [...]
Filed under: Ben Bernanke, Financial News, Mortgage Information, Real Estate, Real Estate Charts and Graphs, Real Estate Investing, housing crisis | No Comments »
Posted on October 29th, 2008 by moneyvsdebt
Update
Ok ok so the Fed didn’t go to zero but they did follow suit with what Wall St was hopeing for… Of course. They dropped the rate by 50 basis points or in main street terms 1/2 of a percent also known seen as .5 percent. Juding by what everyone on CNBC [...]
Filed under: Ben Bernanke, Credit Card, Easy Money, Finance, Financial News, Global Economy, Investing, Mortgage Information, Real Estate, Stocks, Will Make you Smile, federal reserve, housing crisis | No Comments »
Posted on October 20th, 2008 by moneyvsdebt
The dollar traded near an 18-month high against the euro after U.S. Federal Reserve Chairman Ben S. Bernanke endorsed additional fiscal stimulus to avert a prolonged recession.
The greenback was also close to its strongest in a week versus the yen after the White House said it may support such measures, having previously refrained from [...]
Filed under: Ben Bernanke, Finance, Financial News, Global Economy, Investing, federal reserve, politics | No Comments »
Posted on August 25th, 2008 by moneyvsdebt
* Bonds bid up as major US stock indexes drop 2 pct
* Bank failures whip up new credit-market jitters
* Existing home sales up but no panacea for housing market (Adds comments, updates prices, changes byline, changes dateline, prev NEW YORK)
Who knows what the heck the market is doing besides the fact that its going up, [...]
Filed under: Ben Bernanke, Finance, Financial News, Global Economy, Investing, Real Estate, Stocks, federal reserve, housing crisis | No Comments »
