Archive for August 24th, 2008

Oil: Biggest drop in 17 years

Sunday, August 24th, 2008
Oil prices plummeted Friday, erasing the previous session's spike, as the dollar strengthened and investors worried that a decline in demand will spread outside the United States.

These homes for sale stink

Sunday, August 24th, 2008
Mold, maggots and piles of festering trash - no wonder home prices are in freefall.

Paulson’s Fannie-Freddie fix

Sunday, August 24th, 2008
The market is betting Henry Paulson is about to put on his black hat again. But the Treasury secretary may not be so easily typecast in the saga of the government-sponsored mortgage finance companies.