Wednesday, December 19, 2007

More Dollar problems

Shopping giant falls as US crisis hits home: AUSTRALIA'S second-biggest shopping centre owner has joined the RAMS home loans provider as a casualty of the global liquidity crisis.

Greenspan Favors Government Bailout for Homeowners: Former Federal Reserve Chairman Alan Greenspan said he favors spending government money to rescue Americans who are at risk of losing their homes because they can't make mortgage payments

FHA Secure Flop. Only 266 Borrowers Have Been Assisted!: When it was announced, FHA had estimated that would assist approximately 80,000 borrowers.

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