Friday, March 01, 2013
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.
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.
Wednesday, February 27, 2013
Salt, Sugar, Fat: How the Food Giants Hooked Us by Michael Moss – review | Books | The Observer
Salt, Sugar, Fat: How the Food Giants Hooked Us by Michael Moss – Guardian.com
A damning investigation into the junk food industry is both chilling and contentious.
A damning investigation into the junk food industry is both chilling and contentious.
Sunday, February 24, 2013
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.
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.