Tag Archives: Recession

“Stress test” reportedly shows Wells Fargo needs more capital (Denver Post)

Here is today’s article from Denver Post.

Regulators have told Wells Fargo it may need to shore up its finances after government “stress tests” showed the bank would have trouble surviving a deeper recession.

Read the whole article

Insurers squeeze job loss victims (Martin Hickman, The Independent Online)

A great story by Martin Hickman of the The Independent Online.

Workers who took out insurance against losing their job in the recession have been told they will get lower pay-outs in a trend that could affect millions of people.

Read the whole article

Interesting Housing News Links (April 04, 2009)

* Inflation-proof your portfolio (Jon Birger, Money)

* Real Estate Activity Picking Up Locally (John Schaffner, The Beacon)

* Believe it, KC: We’re steadily improving (Jeffrey Spivak, Kansas City Star)

Interesting Housing News Links (March 29, 2009)

* Lady Luck On Her Side! (Kimberly Curth, WKRG)

* Eagle i: Realtors support community with Sunshine Cares (Angela Palmer, Marco Island Eagle)

* BR Real Estate Market Up (David D’Aquin, WGMB)

Thousands more set to lose their homes (Sean O’ Grady, The Independent Online)

A great article by Sean O’ Grady of the The Independent Online.

The pain suffered by thousands of families as the eco-nomy slumps was highlighted yesterday by the latest figures on home repossessions and arrears. The number of repossessed homes soared by 68 per cent last year as the recession left many people struggling to pay their mortgage, according to the Financial Services Authority. A total of 46,750 properties were repossessed by lenders during the y…

Read the whole article

Baltimore Sun: The greatest danger of recession

Here’s what the print edition of Baltimore Sun has to say today on Great Depression.

The greatest dangers of recession and depression are not unemployment and foreclosure. The greatest dangers of recession are strife, killing and war. World War II was a direct result of the Great Depression. People with jobs and a future are less likely to want to kill other people. Compelling evidence comes from Northern Ireland, whose booming economy of the last decade has supported, finally,…

Read the whole article

Baltimore Sun: The greatest danger of recession

Here is today’s article from Baltimore Sun on Great Depression.

The greatest dangers of recession and depression are not unemployment and foreclosure. The greatest dangers of recession are strife, killing and war. World War II was a direct result of the Great Depression. People with jobs and a future are less likely to want to kill other people. Compelling evidence comes from Northern Ireland, whose booming economy of the last decade has supported, finally,…

Read the whole article