Keyword: housing bubble
Savers, Suckers? (5/12/2010)
Savers are collateral damage in the Fed’s attempt to resuscitate a comatose economy during the Great Recession.
Keywords: bailout, borrowers, CD, certificates of deposit, FDIC, Fed funds rates, housing bubble, interest rate, money market funds, mortgage, quantitative easing, recession, savers, Saving, spenders, the Fed, Treasury bonds, yield
Under Water (1/22/2010)
Securitization of mortgage loans has fueled a US housing bubble whose bursting has put one in four mortgages under water.
Keywords: CDS, credit default swaps, housing bubble, mortgage-backed securities, rating agencies, securitization, subprime loans