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Early Real Estate Search Resource News

Romanian Socialists, Liberal Democrats Neck and Neck (Update2) (Bloomberg)
Dec. 1 (Bloomberg) -- Romania's Social Democratic Party , formed by ex-communists, and the Liberal Democratic Party are neck and neck in early election results as parties vie to lead the next government and shield the economy from global financial turmoil.
12/01/2008    

Romanian Liberal Democrats, Socialists Tied in Votes (Update1) (Bloomberg)
Dec. 1 (Bloomberg) -- Romania’s Liberal Democratic Party and the Social Democratic Party , formed by ex-communists, are neck and neck in early election results as parties vie to lead the next government and shield the economy from global financial turmoil.
12/01/2008    

Buzz Briefs: James Brown, Ted Koppel (CBS News)
New trustee named in James Brown estate saga. Ted Koppel departs Discovery Channel early. Kanye West boldly considers new album "great art." Vanity Fair to resume annual Oscar party on a budget.
11/25/2008    

AP IMPACT: They warned us, but US eased loan rules (AP via Yahoo! News)
The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of regulatory documents.
12/01/2008    

Administration Ignored Meltdown Warnings (CBS News)
The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed.
12/01/2008    

Bursting Bubbles Smack Japan's Midsized Developers (Forbes)
Morimoto Co. became the second big casualty this year in the Japanese property sector, following Urban Corp. into bankruptcy.
12/01/2008    

Feds dropped home-loan crackdown, records show (San Francisco Chronicle)
The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient warnings that foretold...
12/02/2008    

Government warned of mortgage meltdown (CNN Money)
Regulators ignored warnings about risky mortgages, delayed regulations on the industry.
12/01/2008    

Bankers throw lifeline to B&B (The Age)
Babcock & Brown expected to extend share suspension as it final details of fresh funding agreement are decided with banks in a deal to deliver a lifeline.
11/30/2008    

The Economic Crunch: Financial troubles have students rethinking college goals (Memphis Commercial Appeal)
A year ago, they weren't worried. Six months ago, they weren't overly concerned. Now, Wall Street's nightmare has shown up to interrupt their grand college dreams.
12/01/2008    

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