Jan 12 Making Sen$e: Is the Fed a Scam? By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's today's query: Name: Charles, San Francisco, Calif. The Fed Chairman and President Obama often… Continue reading
Jan 11 Making Sen$e: What IF the Banking System Failed? By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's today's query: Name: Paul, El Cerrito, Calif. I have been a dedicated viewer of… Continue reading
Jan 07 December’s Job Numbers: Do They Represent All Job Seekers? By Paul Solman I was all set to label our monthly post on the unemployment data "Hold Your Horses" or "Not So Fast," a warning not to overplay the apparently sizable drop in the official unemployment rate from 9.8 percent to 9.4. But… Continue reading
Jan 07 Strategic Default: Immoral or Not? By Paul Solman Rounding out our series today, those of you considering strategic default might find particular encouragement from the web chat with law professor Brent White of the University of Arizona, who thinks it is both legally and morally okay. Continue reading
Jan 06 Who Do You Hurt When You Walk Away? By Paul Solman More from the strategic default debate today. Economist Luigi Zingales of the University of Chicago, also in our original story, argues there are damaging spillover effects ("negative externalities") when homeowners strategically default. "By walking away, not only do you… Continue reading
Jan 06 Who Do You Hurt When You Walk Away? By Elizabeth Shell More from the strategic default debate today. Economist Luigi Zingales of the University of Chicago, also in our original story, argues there are damaging spillover effects ("negative externalities") when homeowners strategically default. "By walking away, not only do you… Continue reading
Jan 05 Strategic Default: Right or Wrong? By Paul Solman We've been concentrating on the housing crisis over the past several days here on the Business Desk. For the rest of the week we'll be focusing on the issue of strategic default. If you're an underwater homeowner who can afford… Continue reading
Jan 05 Strategic Default: Right or Wrong? By Elizabeth Shell We've been concentrating on the housing crisis over the past several days here on the Business Desk. For the rest of the week we'll be focusing on the issue of strategic default. If you're an underwater homeowner who can afford… Continue reading
Jan 05 Paul Solman As You’ve Never Seen Him Before Paul gets even more animated than usual -- with a new crib, new specs, new accent -- to tell you about our latest story, So You Have a Liberal Arts Degree and Want a Job?… Continue reading
Jan 04 A Mortgage-Backed Security Map: The Fantastic Fate of One Man’s Loan By Paul Solman The complexities of getting or refinancing a mortgage are many: the broker you can or can't trust, the screening of your income and credit, the appraisal, the fear that rates will rise before approval, the title search, the paperwork at… Continue reading