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The safety net is almost gone, the nest egg is cracking. Many Americans have recently found themselves changing retirement plans after losing a substantial amount of home equity as the housing market and the overall U.S. economy struggle. These folks ...
Read morePlan B for retirees who counted on home equity - Seattle Times
WASHINGTON -- Even as Federal Reserve officials slashed their key interest rate to a record low and pledged to use other unconventional tools to fight the worst financial crisis since the 1930s, they still feared the economy would be stuck in a ...
Read moreFed: Economic woes will last despite radical moves - Seattle Post Intelligencer
WASHINGTON (AP) - Federal regulators were working to sell off failed IndyMac Bank to a group of private investors as soon as Friday, after missing a self-imposed target of selling the lender by the end of last year. The Federal Deposit Insurance Corp ...
Read moreSale of IndyMac to investors may be near - WTOP Radio
WASHINGTON — A seven-member group of investors has agreed to buy the remnants of failed mortgage lender IndyMac Bank, a symbol of the housing boom and bust, for $13.9 billion federal regulators said Friday. IndyMac, which specialized in loans made ...
Read moreFDIC gathers investors to take over failed lender IndyMac - Seattle Times
WASHINGTON - Federal regulators were working to sell off failed IndyMac Bank to a group of private investors as soon as Friday, after missing a self-imposed target of selling the lender by the end of last year. The Federal Deposit Insurance Corp. has ...
Read moreAnnouncement on IndyMac sale could come as soon as Friday after year ... - Minneapolis Star Tribune
Federal National Mortgage Association (Fannie Mae) ( FNM ) Stock Quote , Chart , News , Add to Watchlist WASHINGTON (AP) - A seven-member investor group including billionaire George Soros and Dell Inc. founder Michael Dell have agreed to purchase ...
Read moreFlowers, Soros, Michael Dell team to buy IndyMac - MSN MoneyCentral
WASHINGTON (AP) -- A seven-member group of investors has agreed to buy the remnants of failed lender IndyMac Bank, a symbol of the housing boom and bust, for $13.9 billion. Pasadena-based IndyMac, which specialized in loans made with little down ...
Read moreFDIC Will Eat the Losses on Some Bad IndyMac Loans - KNx 1070
More on Banks Synovus Warns of Higher Loss Provision Treasury Offers Details on Citi-Type Aid Program Wachovia Shouldn't Slow Wells Fargo Down Austria Names Supervisor for Fraud-Hit Medici Bank E-Trade Units Fined $1 Million by Regulators BofA, Wells ...
Read moreFailed IndyMac Sells for $13.9B - Street.Com
A seven-member group of investors has teamed up to buy the remnants of failed lender IndyMac Bank for $13.9 billion, federal regulators said Friday. The Federal Deposit Insurance Corp. said a holding company led by Steven Mnuchin , co-chief executive ...
Read moreFailed IndyMac bought for $13.9 billion - The Washington Times
Please register to gain free access to WSJ tools. An account already exists for the email address entered. President-elect Barack Obama is expected to round out his economic team next week with the selection of Cecilia Rouse , a Princeton University ...
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