Feds may move to buy mortgages
The White House is considering a new approach to head off foreclosures in which the government would buy up loans at risk of default and refinance them. By John W. Schoen.
February 12, 2009
Brown calls for bonus clawbacks
Prime minister calls for an end to the ’short-term bonus culture in banks’ as he defends his role in appointing Sir James Crosby as deputy head of the Financial Services Authority, from which he resigned on Wednesday
Long-term fixed rate mortgage holders angry, expert claims
Long-term fixed rate mortgage holders angry, expert claims
Disaster Area
Willster K posted a photo:
I always walk from Bank to Liverpool Street Station as I get to see all the skyscrapers in the financial district in london. Tower 42 still blows me away
Rio to gain $19bn Chinese cash injection
Rio Tinto, the troubled mining group, has unveiled controversial plans to receive a $19.5bn cash injection from Chinalco and reported a 50% fall in full-year profit after taking a one-off charge for writing down the value of its aluminium assets
Senior MPs ready to grill Brown
Gordon Brown is set for a grilling on the economy in his twice-yearly question-and-answer session with senior MPs.