30 June 2009

Business/Economic/Housing Headlines: 30 June 09

Delinquency rates on the least risky U. S. mortgages more than doubled in the first quarter from a year earlier

Yale’s Shiller Sees ‘Improvement’ in Rate of Home-Price Decline

Two Chatam, Mass beach homes pulled out to sea by fierce storm

Financial Armageddon: "Scenes From A Downturn"

IEA says world oil demand to drop by 3.7%

Financially strapped Michigan offers to imprison California inmates to earn revenue

The Florida Keys are ill-prepared for rising sea

U.S. Companies Seek New Tax Havens

Bill Fleckenstein takes aim at the Real Estate lobbyists (National Association of Realtors and the National Association of Mortgage Brokers) who are trying like hell to blow bubbles in Real Estate again

Mountains of paperwork stop foreclosure/loan remodifications dead in their tracks

EPA relents, discloses list of high-risk coal ash sites

Sears to Let Jobless Customers Stop Payments, Still Keep Fridge

Facebook vs. Google, how the social network plans to wall out the biggest search engine and steal its dominance on the Internet

Nearly completed 13 story Shanghai high-rise falls over

Dr. Housing Bubble's latest, "The Continued Crony Banking and Housing Industry Bailout: Foreclosure Scams, Japan Subprime Loans Coming Back, and Generally Bad Advice for American Consumers" is another must read for this week.

Nigerian rebels raid Shell Oil facility, claim to have to have killed 20 soldiers

New York to launch mortgage probe

Hookers hurt by Recession in Nevada

Foreclosures: The poor pets are getting left behind

Does USA 2009 = Argentina 2001? Part I: Falling economy reaches terminal velocity

5 More Banks Closed This Past Weekend

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