2 Articles match "2008","America","June"
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Will Main Street Sink Wall Street?
Furthermore, to contain the damage, Bear Stearns brought in Jeffrey Lane on June 29, from rival Lehman Brothers and named him chief executive officer to replace Richard Marin, who gets the courtesy title of senior adviser to the asset-management division. The near-collapse of the two Bear Stearns hedge funds proves that the depth of America’s foreclosure fiasco is far from over. Mounting mortgage defaults by American homeowners with shaky credit have claimed their first Wall Street casualty, as investment banking giant Bear Stearns shuffled the leadership of its asset-management division and lost billions in the risky hedge fund market last month.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
|
-
Will Main Street Sink Wall Street?
Furthermore, to contain the damage, Bear Stearns brought in Jeffrey Lane on June 29, from rival Lehman Brothers and named him chief executive officer to replace Richard Marin, who gets the courtesy title of senior adviser to the asset-management division. The near-collapse of the two Bear Stearns hedge funds proves that the depth of America’s foreclosure fiasco is far from over. Mounting mortgage defaults by American homeowners with shaky credit have claimed their first Wall Street casualty, as investment banking giant Bear Stearns shuffled the leadership of its asset-management division and lost billions in the risky hedge fund market last month.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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As Home Prices Plummet, When Will You Buy?
June Fletcher of The Wall Street Journal sagely advises that the answer is "For some people, yes. We sold a condo and bought a single-family home.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
