On AlterNet: lending crisis

Stories, blog posts, and videos tagged as "lending crisis"

Capitalism Hits the Fan

deleted, Dollars and Sense. November 3, 2008.

The current crisis did not start with finance, and it won't end with finance.

A Crash Course in Economic Crashes

Larry Beinhart, AlterNet. September 16, 2008.

Each week, sometimes daily now, we slide by a new economic warning sign, by another wreck that's already off the road.

George Soros: A Danish Solution to America's Housing Mess

George Soros, AlterNet. September 13, 2008.

Washington's recent compromise on the fate of Fannie Mae and Freddie Mac constitutes the worst of all possible worlds.

Low-Income Renters Paying Tab for the Housing Bailout

Dean Baker, TruthOut.org. May 20, 2008.

That's right; Congress wants to take away money from low-income renters to help bankers who made bad loans.

Three Things That Won't Help End the Foreclosure Crisis

Dean Baker, Liz Chimienti, Center for Economic and Policy Research. May 15, 2008.

Falling home prices, rising foreclosures rates, and a slowing economy have created a perfect storm for U.S. homeowners.

Taxes and the Cult of Home Ownership

Thomas Palley, AlterNet. May 9, 2008.

Home mortgage deductions and other bennies for homeowners are supposed to help the middle class, but they're actually burying it.

Corporate America Gets a Bail-out Bonanza

Ralph Nader, Nader.org. April 7, 2008.

Corporations have essentially become the government, and now they're bellying up to the bar.

The Fed and Crony Capitalism

Thomas Palley, AlterNet. March 25, 2008.

The Fed's decision to grant Wall Street access to special borrowing facilities constitutes a massive subsidy to the irresponsible.

Economic Meltdown: A 'Teachable Moment' About Socialism for the Rich

Dean Baker, TruthOut.org. March 24, 2008.

Rather than taking this opportunity to tighten the screws, many progressives are actually cheering on plans to bail out the ridiculously rich.

The Fed Packages Corruption as Sound Public Policy

David Sirota, Creators Syndicate. March 21, 2008.

Once again, the Fed is using a crisis to enrich corporate interests.

Triple Shock Strikes the Global Economy

Eric Le Boucher, Le Monde. March 20, 2008.

The American growth model will have to change.

Raising Taxes to Bail out Robert Rubin

Dean Baker, TruthOut.org. February 26, 2008.

The government wants to hand banks tens of billions of dollars by buying up their bad mortgage debt.

Hillary's Economic Plan: Nothing Daring, But More Comprehensive Than Obama's

Joshua Holland, AlterNet. February 19, 2008.

Clinton offers centrist fixes for our economic problems, but they go a long way toward helping the middle class.

How Deep Will the Recession Go?

John Miller, Dollars and Sense. February 8, 2008.

The economic recovery underway since late 2001 is probably over. Too bad many Americans never got to experience it.

Can't Pay Your Mortgage? Trash Your House and Leave

Scott Thill, AlterNet. February 1, 2008.

As housing markets tank, "trash-outs" are on the rise, leaving owners, lenders and banks fighting over who should pay the clean-up bill.

Obama Is Sub-Prime on Lending Crisis

Max Fraser, The Nation. January 31, 2008.

As with most domestic policy, Obama is to the right of Clinton.

The Economic State of the Union, 2008

Charles McMillion, Manufacturing and Technology News. January 29, 2008.

Unprecedented debt and soaring numbers of unsold homes are driving down inflated prices for all kinds of assets.

Big Rate Cuts and Fiscal Stimulus Trump Conservative Ideology

Mark Weisbrot, AlterNet. January 22, 2008.

Like Nixon said, "We're all Keynesians now."

The Subprime Color Line

Too Much: A Commentary on Excess and InequalityJanuary 21, 2008.

Dig deep into the subprime mortgage crisis and you'll find the basic story behind our new Gilded Age.

The Great Debt Crisis Begins

Hale Stewart, Huffington Post. January 14, 2008.

The US economy is just at the beginning of a huge problem.

A Lesson From the Last, and Next, Recession

Mark Weisbrot, AlterNet. January 3, 2008.

This will be the second recession since 2001 that was caused by the bursting of an obviously speculative asset bubble.

It's a Wonderful Life and Sub-Prime 2007

Vivian Norris de Montaigu, December 25, 2007.

George Bailey's Savings and Mortgage Company was never bought out by by bloated oil producers for 50 cents on the dollar.

The Lending Crisis Is Becoming a Poltical Battleground

Danny Schechter, AlterNet. December 3, 2007.

America's confidence is eroding because our brand of unregulated capitalism is increasingly not working for them.

Banks Gone Wild

Paul Krugman, The New York Times. November 27, 2007.

The lending crisis was wholly predictable; how did we end up here anyway?

Wall Street Wins Big While Investors Lose Their Shirts

Sam Pizzigati, Too Much: A Commentary on Excess and Inequality. November 26, 2007.

Shareholders are losing their shirts, families are losing their homes, financial industry workers are losing their jobs, but investment bank bonuses have never been higher. Can anyone explain why?