Thursday, February 28, 2013

Short sales surged in 2012 - Yahoo! Finance

Short sales surged in 2012 - Yahoo! Finance
Foreclosures accounted for 11% of all sales, down from 13% a year before. Meanwhile, short sales rose 5% year-over-year, accounting for 32% of all home deals.

Sunday, February 24, 2013

poorrichards blog: Monsanto drags over 400 U.S. farmers to court over GM seed patents: When will Big Ag's corrupt reign end?

Monsanto drags over 400 U.S. farmers to court over GM seed patents: When will Big Ag's corrupt reign end?

Why Should Taxpayers Give Big Banks $83 Billion a Year? - Bloomberg

Why Should Taxpayers Give Big Banks $83 Billion a Year? - Bloomberg
Banks have a powerful incentive to get big and unwieldy. The larger they are, the more disastrous their failure would be and the more certain they can be of a government bailout in an emergency. The result is an implicit subsidy: The banks that are potentially the most dangerous can borrow at lower rates, because creditors perceive them as too big to fail.