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DeLorean disproves domsayers in debate over auto bankruptcies
In the debate about bailing out the Big 3 automakers, it is said that we just can’t allow a bankruptcy. Despite the fact that Chapter…
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Geithner choice is ‘more of the same’ — was Paulson’s bailout cohort
If news accounts are true, and Presidet-Elect Barack Obama has indeed decided on Timothy F. Geithner to be his Treasury Secretary nominee, it represents a…
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Too Bad Daschle Isn’t at SEC — Backed Sarbanes-Oxley Relief
President-Elect Barack Obama just nominated former Senate Democratic Leader Tom to be his Secretary of Health and Human Services. Much is being written about Daschle…
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In mortgage modifications, property rights of investors must be respected
Today, in addition to Treasury Secretary Henry Paulson's expected announcement of a major mortgage modification plan through the $700 billion TARP, Barney Frank's House Financial…
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House GOP ‘Rapid Recovery’ plan spurs growth by changing long-term expectations
As soon as the elections are over, Congressional leaders are planning to have a “break the bank” party. On top of the $700 billion bailout…
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It wasn’t bailout that caused Monday’s market surge — 3 other factors
Since the $700 billion bailout was first proposed, whatever the stock markets did, much of the press took that as a sign that the market…