April 10, 2008 - Animal shelters are already pretty depressing, but they're getting worse thanks to the sub-prime mortgage crisis. According to an article in Wednesday's Washington Post, animal shelters are filling up wit...
Filed under: subprime loans,
sub prime loans,
subprime loan crisis,
subprime mortages,
Countrywide Financial,
Subprime mortgage crisis,
recession,
subprime recession,
subprime pets,
subprime foreclosures,
subprime lending,
abandoned pets,
predatory lending,
New Century Financial Corporation,
New Century Financial,
housing market,
Bear Stearns,
subprime Bear Stearns,
economic downturn,
economic recession,
write downs,
subprime crisis,
housing downturn
April 4, 2008 - The newspaper should come with an anti-depressant. Here are the stories we New Yorkers were greeted with this morning:
81% of people polled say the nation is on the...
Filed under: Bear Stearns,
Iraqi police,
Iraq War,
New York City Council,
Cheektowaga,
Abu Yahya al-Lib,
job cuts,
layoffs,
unemployment,
New York Times CBS News poll,
80000 unemployed
April 2, 2008 - It seems that even rocket scientists cannot escape today's economic uncertainty. In an already slowing job market, NASA announced that their plan to retire the space shuttle in 2010 could result in over 8,0...
March 18, 2008 - Economic meltdown looms, and Federal Reserve Chairman Ben Bernanke is doing what he does best: lowering interest rates. At least, that's what financial experts are saying following the collapse of Bear St...
March 17, 2008 - Encouraging news if you own Bear Stearns stock: It closed at $30 a share today!
Discouraging news if you own Bear Stearns stock: JPMorgan Chase (no relation to Gong Show judge Jaye P. Morgan) will buy the beleaguered firm for two bucks a share...
March 17, 2008 - JP Morgan Chase & Co has agreed to buy Bear Stearns (BSC) for the bargain price of two dollars per share. Just last April, BSC shares were selling at...
March 17, 2008 - As the country slides into the abyss, President Bush gave the glass-half-full interpretation in a brief statement Monday morning.
We couldn't agree more, and although we don't understand exactly what's t...
March 17, 2008 - After the news Sunday that Bear Stearns, one of the world's largest investment banks, was being sold to JPMorgan Chase, the company's stock price today values it at about the same as that taco stand on the corner.
Just...