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Records sought at McCain advisor's bank
The SwampThis can't be good for the campaign of the presumptive Republican presidential nominee John McCain. The IRS is trying to serve a summons on Swiss bank UBS AG seeking information on U.S. taxpayers who may have used the bank to gin up records to avoid...Tags: Court Preliminary, Politics, Swiss Bank Corporation, Justice System, Texas
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Obama: Discount on his mortgage
Spin CycleObama got a discount on his jumbo mortgage in 2005, saving him $300 a month or so on his payments. Special deals for public officials have proven troublesome for some senators, such as Chris Dodd. The argument here is that...... -
Economy's job losses meet expectations
The Swampby Frank James It was a bad news, good news morning for economy watchers. The bad news was that the economy shed 62,000 jobs in June, the sixth straight month in which employers cut their payrolls. Meanwhile, the unemployment rate......Tags: National Government, Business, Trade Agreements, George W. Bush, Politics
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Bush: Economy won't 'change on a dime'
The Swampby Mark Silva President Bush, asserting that the American banking system remains strong at a time of troubling bank failures, today declined to predict when the economy will regain steam. "I'm not an economist... But I do believe that we're......Tags: National Government, Wars and Interventions, Trade Agreements, Unrest, Conflicts and War, George W. Bush
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Fannie and Freddie, hardball experts
The Swampby Frank James If you want to read a disturbing tale of how Fannie Mae and Freddie Mac used their clout in Washington to try to brush back their critics like pitchers throwing at the heads of batters, check out......Tags: Lobbying, Barney Frank, Freddie Mac, Cliff Stearns, Politics
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House passes housing crisis bill
The Swampby Jesse A. Hamilton and updated The U.S. House of Representatives has overwhelmingly passed the long-awaited housing rescue bill -- sending it now for a last Senate approval before President Bush can sign it into law. The vote, at about......Tags: National Government, Executive Branch, Government, Freddie Mac, George W. Bush
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Cuomo at HUD and the federal home loan mess
Spin CycleAndrew Cuomo???s tenure as federal Housing and Urban Development secretary and how it contributed to today???s mortgage crisis receives an in-depth look here from the Village Voice???s Wayne Barrett. The report shows that Cuomo???s drive to increase...Tags: Freddie Mac, Loans, Companies and Corporations, Federal Reserve, Fannie Mae
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Patriots wade into mortgage crisis
O, by the WayA ago, the New England Patriots suffered a black eye over Spygate admitting to having broken NFL rules in their zeal to scout opposing teams. It was a national embarrassment to the entire organization and owner Bob Kraft wound up apologizing......Tags: National Football League, Sports, Federal Reserve, Football
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Fannie, Freddie and you the taxpayer
The Swamp(Photo by Mark Wilson/Getty Images) by Frank James "Quasi private companies" is a term we won't be using anymore to describe Fannie Mae and Freddie Mac after today apparently. They now, or soon, will fully belong to U.S. taxpayers.......Tags: State Budgets, National Government, Business Enterprises, Government, Freddie Mac
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Fannie, Freddie ointment has flies: expert
The Swampby Frank James The U.S. financial markets really liked the federal takeover of mortgage giants Fannie Mae and Freddie Mac. The Dow Jones Industrials were up 1.24 percent when last I checked though that was down significantly from its open.......Tags: Business Institutions, Derivative Securities, Freddie Mac, White House, Federal Reserve
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Fannie, Freddie left 'no choice': Paulson
The Swampby Frank James Treasury Secretary Henry Paulson is talking to anyone who will listen to explain why the Bush Administration felt it necessary to takeover mortgage giants Fannie Mae and Freddie Mac. His message: it was the only thing to......Tags: Harry Smith, Freddie Mac, CBS Corp., White House, Fannie Mae
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Sarah Palin fumbles on Fannie, Freddie
The Swampby Frank James Alaska Gov. Sarah Palin stumbled this weekend when she commented on the federal takeover of mortgage giants Fannie Mae and Freddie Mac. The Huffington Post "helpfully" pointed out her mistake to anyone who missed it the first......Tags: State Budgets, National Government, Sarah Palin, Alaska, Government
Jul 23, 2008
|Blog| Chicago Tribune
Jul 23, 2008
|Blog| Newsday
Jul 23, 2008
|Blog| Chicago Tribune
Jul 23, 2008
|Blog| Chicago Tribune
Jul 24, 2008
|Blog| Chicago Tribune
Jul 24, 2008
|Blog| Chicago Tribune
Aug 7, 2008
|Blog| Newsday
Aug 11, 2008
|Blog| Baltimore Sun
Sep 7, 2008
|Blog| Chicago Tribune
Sep 8, 2008
|Blog| Chicago Tribune
Sep 8, 2008
|Blog| Chicago Tribune
Sep 9, 2008
|Blog| Chicago Tribune
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