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Business
College Media Miss Opportunities Covering the Economic Crisis
If you're like me, you know more about economics now than you ever thought you'd want to know. I can describe a Credit Default Swap (CDS), a Collateralized Debt Obligation (CDO), a Mortgage Backed Security (MBS), mark-to-market accounting, and the LIBOR index, not to mention the Toxic Asset Relief Program (TARP), U3 and U6, and the difference between a liquidity...
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ProPublica Puts Spotlight on Tracking TARP Money
ProPublica's Show Me the TARP Money is a simple map and chart reflecting the recipients of money provided through TARP (Troubled Asset Relief Program), a federal program that authorizes the U.S. government to buy assets from struggling financial institutions in an effort to remedy the subprime mortgage crisis. The site shows institutions that have been approved for assistance and keeps a running total of the number of institutions, the amount committed, and the amount invested so far. There is an RSS feed and a widget for the site as well.
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Neighborhood Watch Puts Florida Home Sales on the Map
St. Petersburg Times' Neighborhood Watch is a database application that tracks weekly house sales in Pinellas and Pasco counties, Florida. Readers can search for home sales by county, ZIP code or neighborhood. Median price and sale count trends are tracked and graphed at one year, six month, three month, and one month intervals. On a neighborhood level, the site plots geographical data on Google Maps and suggests listings to prospective buyers by ZIP code.
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