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Follies of the FHA: Another subprime idea
“How could they have been so stupid?” That's the million-dollar question being asked as mortgage defaults have increased on loans that carried much more…
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Bailout Blues
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Opposing view: Plan Hurts Future Borrowers
The government sure has a funny prescription for restoring confidence in America's credit markets. It purports to solve the nation's credit crunch — a…
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The Subprime FHA
After two months of economic jitters over bad lending decisions, it looks as if the credit markets may have turned a corner. The stock…
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Al Gore and the Mission of the Nobel Prizes
In just a few hours following publication of this article, at approximately 9AM Eastern time this morning, the Norwegian Nobel Committee will announce its selection…
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The Long Petard: The New York Times and Sarbox
Having dug itself into a hole with inept handling of the MoveOn.org ad and its aftermath, the New York Times Company may…