Topic: Resolution Trust Corporation
FOR A FAST-ACTING STIMULUS PLAN...
Is the economy beyond saving?
Srini Mahadan
RICHMOND, VA. We don't blame you for asking. To say times feel tough doesn't cover it. They feel unprecedented, even for the one of us who managed through the recessions of 1973-75, '80-'82, and '90-'91. In each of those downturns, on any given February ...
These days, you can roll up to an ATM at the grocery, the pharmacy, the gas station, the hardware store, the office, even the ballpark. You can check your Bank of America balance on your iPhone. You can text Chase, and Chase will text you ...
Treasury Secretary Henry Paulson on Friday defended his handling of the $700 billion financial rescue program, saying it has made real progress toward achieving financial stability. Paulson said the Bush administration made the correct calls on major decisions in operating the program, even though he and ...
In the paralyzed commercial real estate market, where panicked brokers wring their hands as deals founder, a number of nimble New York pros are looking to claim their share of the emerging submarket that surrounds distressed property assets. It’s not a new business, mind you. It’s more like an old one that reemerges when there’s a financial ...
