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WOW-Tax Avoider is Now Geithner as Treasury Secretary

Posted by ScrantonArea 1217 days ago (http://scranton-apartments-and-homes.com)
Category: Business | Tags: treasury secretary
Geithner, who will spearhead President Obama’s response to the financial crisis that threatens to unravel economic growth around the globe, won approval by a vote of 60 to 34. read more »
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Shocking! U.S. Existing Home Sales Rise on Record Price Slump

Posted by ScrantonArea 1218 days ago (http://scranton-apartments-and-homes.com)
Category: Business | Tags: business economy home sales
The number of previously owned unsold homes on the market at the end of December represented 9.3 months’ worth at the current sales pace, down from 11.2 months’ at the end of the prior month. read more »
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BARACK’S BANK BET OBAMA’S ECONOMIC TEAM EYEING ITS OPTIONS

Posted by ScrantonArea 1218 days ago (http://scranton-apartments-and-homes.com)
Category: Business | Tags: banks economic plan loan obama
“The size of the problem is growing faster than the banks’ ability to handle it,” said Joe Battipaglia, market strategist at Stifel Nicolaus. “We’re halfway through the bailout money, and the banks are in worse shape than they were six months ago.” read more »
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Freddie Seeks Up to $35 Billion From U.S.; Fannie May Follow

Posted by ScrantonArea 1219 days ago (http://scranton-apartments-and-homes.com)
Category: Business | Tags: banks business fannie freddie mac loans
Jan. 24 (Bloomberg) -- Freddie Mac, the mortgage-finance company under federal control, needs as much as $35 billion more in federal aid, and Fannie [...] read more »
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