Tag Archives: Wall Street

Housing Doom Blog – Why Do We Need Credit For “Everyday Purchases”?

Why Do We Need Credit For “Everyday Purchases”? By twist I’ve heard a lot of scary comments from Treasury Secretary Hank Paulson, but this one ranks near the top: [Thanks L!] “Millions of Americans cannot find affordable financing for their … Continue reading

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Jeb’s New Boss?

Lehman Brothers’ investment management business had two famous employees when the firm sank beneath the asphalt of Wall Street. President Bush’s brother Jeb worked for Lehman’s private equity group, while cousin George Herbert Walker was global head of investment management. … Continue reading

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Mass Production Vs. McMansions – When U.S. housing recovers, the leading homebuilders may not be the ones to benefit

Maurna Desmond – 11.20.08 The big American homebuilders have dug themselves into a hole from which they may not emerge for years. Having been abettors and subsequently victims of the U.S. housing bubble in the early years of this decade, … Continue reading

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The Next Mission to Accomplish – Cleaning Up After Bush

Posted by Andy Hoffman The news has been filled lately with post-election letters, articles, and op-eds about the devastating mess the Bush administration has made of the country over the last eight years, and what lies ahead for our newly-elected … Continue reading

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Editorial – Recipe for enormous profits, defective homes and foreclosure disaster

Editorial from – HomeOwners for Better Building The massive surge in foreclosures was inevitable.  The creation of the “boom” and now the resulting “bust” in the real estate market is the brain child of the homebuilding industry that will remain a … Continue reading

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