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Recession Deniers Peddled the Same Lame Excuses: Caroline Baum - BloombergNov. 12 (Bloomberg) -- Every recession has its own set of drivers, its own unique circumstances, all put in motion by the central bank's eternal quest to find the appropriate overnight interest rate to deliver economic Nirvana. The 2001 recession ...
The Education of Alan Greenspan - Common DreamsGreenspan 1963: Writing in Ayn Rand's Objectivist Newsletter , Greenspan declared as myth the idea that businessmen "would attempt to sell unsafe food and drugs, fraudulent securities, and shoddy buildings. It is in the self-interest of every ...
Oil, Israel, and America: The Root Cause of the Crisis - Common DreamsThere is no shortage of examples of historical points of friction between the Islamic Republic of Iran and the United States to draw upon in order to illustrate the genesis of the current level of tension. One can point to the Islamic revolution that ...
Today's Mortgage Terms starting with N
Notice of Default: A step in the foreclosure process in which the lender formally informs the court that the borrower is in late in payments.
Non-Assumption Clause: A provision in a mortgage contract preventing the assumption of the mortgage by another borrower without the lenders permission.
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