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Private-equity wave may have troubling ripple effects
Los Angeles Times columnistIn America, financial success is supposed to be admired, not held in contempt. Unless, of course, you make your money in a way that is distasteful or downright illegal. Private-equity investment firms, which are buying up companies worldwide at a wild...Tags: Stock Market, Bausch & Lomb, Companies and Corporations, TXU Corporation, Crimes
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Mortgage relief plan advances
Los Angeles Times Staff WritersSenate Democratic and Republican leaders reached agreement Wednesday on a multibillion-dollar package to address rampant foreclosures and other problems stemming from what may be the worst housing slump since the Great Depression. The compromise measure,...Tags: Politics, Tax Credits, San Francisco, State Budgets, Economy, Business and Finance
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What to do with Fannie and Freddie?
What's the right role and structure for Fannie Mae and Freddie Mac? How about the Federal Housing Administration? Previously, Abromowitz and Mitchell discussed John McCain’s proposal for the government to buy bad mortgages, the biggest players in...Tags: Robert Mugabe, Companies and Corporations, Financial Markets, Money and Monetary Policy, Investments
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Inflating the bubble?
Today, Furman and Landsburg discuss unemployment and the mortgage crisis. Previously, they debated whether the stimulus package would work and assessed the government's ability to mitigate economic downturns given its record deficit spending. Later in the...Tags: Money and Monetary Policy, Housing Industry, Fannie Mae, Henry Paulson, Economy, Business and Finance
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Fed looks to rein in lenders
Los Angeles Times Staff WritersThe Federal Reserve on Tuesday proposed new mortgage lending rules to protect consumers against fraud and deception, but consumer advocates said lenders would still have the ability to make the kinds of bad loans that triggered the sub-prime lending...Tags: Politics, Economy, Business and Finance, Executive Branch, Arnold Schwarzenegger, Mortgages
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BoA's Ken Lewis: More pain and time
Bank of America Chief Executive Ken Lewis stopped by The Times this week to discuss with editors and reporters his company's approach to the housing crisis and its takeover of troubled mortgage lender Countrywide Financial Corp. Here are some highlights....Tags: Arizona, Credit and Debt, Companies and Corporations, Politics, Housing Industry
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Whither President Bush?
Today's question: Why did President Bush wait so long to take a public leadership role on the credit crisis? Does he deserve any of the blame directed at him by the candidates? Previously, Kuttner and Foster debated what Washington should do , the...Tags: Politics, Money and Monetary Policy, Financial Markets, Franklin Delano Roosevelt, Christopher Dodd
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Internet gambling: Push to legalize online gambling has powerful backing
Washington BureauWASHINGTON -- Backed by a powerful House member, the online gambling industry is waging a campaign in Congress to legalize Internet betting, saying it will continue regardless of its legal status and can be regulated and taxed if not outlawed. Opponents...Tags: Lifestyle and Leisure, Casino and Gambling Industry, Politics, Laws, Addiction
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Does Antonin Scalia hate gays?
Rep. Barney Frank (D-Mass.) has been widely criticized for referring in a recent interview to "that homophobe Antonin Scalia," an injudicious exercise in name-calling that obscures Frank's larger and more valid point: that the opinions of the tart-tongued...Tags: Colorado, Texas, Politics, Minority Groups, Local Government
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Asset protection patchwork of laws
Sun reporterMillions of Americans rely on Social Security benefits, and they've been able to count on those dollars being safe from debt collectors under federal law. A creditor or debt collector can't garnish your future Social Security benefits. And even when...Tags: Bankruptcy, Labor Legislation, Crime, Law and Justice, 401K, Internal Revenue Service
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House OKs bar to Web gaming
Bloomberg NewsThe House approved yesterday a measure to stifle online gambling in the United States by restricting the flow of money to illegal Internet gaming sites. Under the bill, credit-card companies would be forbidden to collect payments for Internet casinos....Tags: National Security, Trials, Republican Party, Economy, Business and Finance, Defense
May 20, 2007
|Story| Los Angeles Times
Apr 3, 2008
|Story| Los Angeles Times
Oct 16, 2008
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Jan 30, 2008
|Story| Los Angeles Times
Dec 19, 2007
|Story| Los Angeles Times
Jul 11, 2008
|Story| Los Angeles Times
Oct 3, 2008
|Story| Los Angeles Times
May 20, 2007
|Story| Tribune Media Services
May 13, 2009
|Story| Chicago Tribune
Mar 28, 2009
|Story| Los Angeles Times
Aug 19, 2007
|Story| Baltimore Sun
Jul 12, 2006
|Story| Baltimore Sun
Original site for Barney Frank topic gallery.
