Posts tagged as:

economy

Banks at Risk of Failure: 702

February 23, 2010

According to the FDIC, over 700 banks are currently at risk of going under, a huge jump over the last three years, and a bit of a shocker given the size of the federal stimulus. The FDIC has already shuttered 20 banks this year, and there is no sign that things will improve in the [...]

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Clunker Problems

August 20, 2009

Under the Cash for Clunkers program, dealers give buyers an instant rebate, then the dealer gets compensated by the government. The government is currently overwhelmed by the number of dealer requests and is having problems processing the requests quickly.
As a result, some dealers have pulled out of the program entirely. But there are plenty of [...]

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Bankruptcy lawyers succumb to economy-induced stress

July 29, 2009

In its monthly newsletter, the National Association of Consumer Bankruptcy Attorneys mentioned that several bankruptcy attorneys recently committed suicide, had heart attacks, or gave up on bankruptcy practice entirely to get away from the stress.
Consumer rights lawyers, including bankruptcy attorneys, see some of the worst effects of the recession. But until now, I did not [...]

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Link roundup, week of July 5

July 6, 2009

When I get busy, quality links tend to pile up in my Google Reader queue. Here are some great news items I have not gotten around to blogging about:

Researchers can guess your social-security number from public information like your birthdate and birth location | Red Tape Chronicles
Young adults dispute Suze Orman’s claim that young people today “have [...]

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Re-regulation on the Squawk Box

May 11, 2009

This weekend I got embroiled in a discussion with someone who insisted that government regulation caused the economic meltdown. This person is not alone in believing that regulation is always a bad thing, and can only cause harm.
At some point I realized that this was a silly debate to be having, sort of like whether or [...]

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After the Bank Failure Comes the Debt Collector

April 16, 2009

After the Bank Failure Comes the Debt Collector | NY Times

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The End of Excess: Is This Crisis Good for America?

March 30, 2009

The End of Excess: Is This Crisis Good for America? | Time

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Rise in foreclosures ‘a shock’

March 12, 2009

“February saw an unexpected jump in foreclosure filings as the weak economy puts more pressure on borrowers.” Rise in foreclosures ‘a shock’ | CNN

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Poll: Politicians trusted more than business leaders on economy

February 23, 2009

Poll: Politicians trusted more than business leaders on economy | CNN

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The credit crisis, visualized

February 21, 2009

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The Stimulus Pie

February 18, 2009

CNN has a very good interactive chart showing just how the enormous stimulus package will be spent.
Following the money: stimulus spending plan, by sector | CNN

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Moving forward: making financial regulation make sense (AFFIL week)

February 9, 2009

It is 2009 and the economy has tanked. Subprime mortgage lending was the domino that started the whole mess a-falling. Worst of all, there is no end in sight to the recession we’ve slid into.
The good news is that, in the midst of the mess, there is a rare opportunity to take a look at [...]

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Minnesota Courts to Stop Handling Debt Collection Lawsuits?

January 15, 2009

Possibly, along with other “low-importance” cases like shoplifting, traffic violations, trespassing, and small claims, if the legislature delivers the 10% cut to court funding that it has suggested it will. Minnesota courts have been short-staffed and under-funded for years, and further cuts could mean that the judicial system starts to shut down some services.
While I [...]

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What’s the Best Fix?

January 14, 2009

Why politicians and economists can’t decide on the best fix for the economy. What’s the Best Fix? | Newsweek

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Drop in Gas Prices Offers a Bit of Relief for Consumers

December 24, 2008

Drop in Gas Prices Offers a Bit of Relief for Consumers | New York Times

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Let’s make a deal

December 23, 2008

It might be too late to haggle over prices for this holiday season but this is sage advice for any time of year – especially in this economy. Let’s make a deal | Star Tribune (via Associated Press)

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Peter Wallison: the roots of the financial crisis

December 22, 2008

Reason.tv has a posted a partial video of banking expert Peter Wallison’s speech at the American Enterprise Institute’s 40th anniversary. My fellow bloggers will undoubtedly point out that this leans right as does most things AEI but it is a video worth watching.

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Wall Street Still Flying Corporate Jets

December 21, 2008

Wall Street Still Flying Corporate Jets | ABC News

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UAW’s Sacrifices Look to Some Like Surrender

December 20, 2008

UAW’s Sacrifices Look to Some Like Surrender | Washington Post

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It’s official: The economy is in a recession

December 1, 2008

Duh. It’s official: The economy is in a recession | CNN

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