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Kerry defends Jim Johnson - First Read - msnbc.com - News Articles

“I will say this about Jim Johnson -- Jim Johnson is a very experienced, very discreet, very capable individual who is performing a voluntary function without pay, without any interest,” Kerry said. “He’s not seeking a job and he is acting completely independently to ...   [click for more]

Five hundred mortgage products disappear overnight - News Articles

by Gill Montia The rescue of Bradford & Bingley (B&B) has prompted a mass withdrawal of mortgage products from the already depleted UK market. According to financial website, Moneyfacts, around 500 home loans have been withdrawn since the beginning of this ...   [click for more]

Blame the bubble on FDR, Jimmy Carter and Bill Clinton | The Australian - News Articles

SOME milestones in the prehistory of the crisis. 1933: As part of the New Deal, investment banks are stopped from also acting as commercial banks (which would have given them bank deposits and more stability). 1938: As part of the New Deal, president (Franklin D.) ...   [click for more]