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Madoff Appears in Court as Grim Consequences Manifest...
By Scott on December 22, 2008 | No Comments
Reporters and photographers jostled and pushed against each other in front of Bernard Madoff’s Manhattan apartment last week, vying for a photo or a word with the disgraced investment coordinator. Madoff smiled slightly as he moved past, declining to comment after returning from the Federal cour... -
Federal Reserve Cut of Key Interest Rate Sends Stocks...
By Scott on December 17, 2008 | No Comments
Tuesday the stock market began with some modest gains, including a 1% increase for the Dow Jones, and several stocks rallying after Monday’s losses. Nearing the close of the stock market, in an unprecedented move, the Federal Reserve announced that it had cut its key interest rate to 0-0.25%, do... -
2009: Expect Exponential Increases in Troubled Homeow...
The Mortgage Bankers Association (MBA) released its latest survey over the weekend, showing 10% of American homeowners at least one month overdue on mortgage payments or in the process of foreclosure. This marks a 9% increase from just three months prior, a 7.3% increase from a year ago, and the h...





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