Mortgage Delinquencies Rise to 7.5%
A spokesman for the FHA said 7.5% of FHA loans were “seriously delinquent” at the end of February, up from 6.2% a year earlier. Seriously delinquent... Read »
Developing Nations and Capital Flows: The IMF’s New Facility
As the crisis evolves, capital will flow out of emerging countries. The IMF’s new facility may help with short term shocks. It is also a useful step towards... Read »
Just When You Thought It Was Safe To Get Back In The Water
Over the weekend Macro Man christened a recently-acquired Blu-Ray player (his home entertainment Luddism is slowly receding) by watching an episode of Planet Earth... Read »
Greenspan: Equities Signaling the Way to Recovery
Former Federal Reserve Chairman Alan Greenspan wrote Sunday that once stocks start to recover, the turnround may well have large (and positive) economic consequences.... Read »
Are Tweets Copyrighted?
Here is a question for all you legal scholars out there, Mark Cuban writes. Is a tweet copyrightable? Is a tweet copyrighted by default when its published? Can... Read »
Rick Wagoner Steps Down as CEO of General Motors
According to BusinessWeek – the CEO of General Motors (GM) Rick Wagoner has agreed to step down. BusinessWeek’s Detroit bureau chief David Welch confirms... Read »
Soros: The G20 summit, the Last Chance to Avert Disaster
George Soros says G20 summit in London next week is the last chance to avoid economic disaster. What’s worrying is that the financial oracle expresses no optimism... Read »
Washington State Banks Straining Under the Weight of the Crisis
Ailing financial giants such as Citigroup (C), Bank of America (BAC) and AIG (AIG) have drawn most of the attention as the worst banking crisis since the Great Depression... Read »
Elisabeth Murdoch Emulating Her Father’s Global Ambitions
Elisabeth Murdoch, the daughter of the media mogul and billionaire Rupert Murdoch, has launched an international expansion of her TV production company, Shine. Emulating... Read »
G20 Summit Will Not Push Nations on Spending Pledges
Britain and the U.S. will not push G20 leaders for specific spending pledges to help fix the worst economic crisis in decades when they meet in London next week,... Read »






