Oct 25 Watch Big Banks Resume Foreclosure Paperwork Major banks across the country continue to dig through internal documents to show that foreclosures have been properly handled following accusations of faulty paperwork. Binyamin Appelbaum of the New York Times gives more details on the investigation into flawed foreclosure… Continue watching
Oct 25 Watch Homeowners Express Frustration with Government Loan Modifications Many struggling homeowners rely on loan modifications from government programs to keep afloat on their mortgages. Some say they are running into problems with these services. Paul Solman has more. Continue watching
Oct 25 Watch News Wrap: Fed Addresses Foreclosure Frenzy, Bloody Weekend in Mexico Federal Reserve Chairman Ben Bernanke said the Central Bank is getting involved in the recent foreclosure mess caused by faulty paperwork. In Mexico, 10 people were killed at a rehab center in Tijuana in another bloody episode of drug violence. Continue watching
Oct 25 New Diversity Districts Appear Safe for Democrats, at Least for Now By Victoria Edwards Rep. Mike Honda, D-Calif., speaks during a DNC news conference in July; Photo By Tom Williams/Roll Call via Getty Images If Democrats are looking for safety this year, they have it in the New Diversity districts that dot… Continue reading
Oct 25 Nightmarish Stories of Mortgage Modification Woe The idea that bank paperwork can weigh you down is nothing new. But the foreclosure cases we've come across lately sound downright Kafka-esque. A homeowner trying to modify her mortgage is told to fax documents to a certain department. Soon… Continue reading
Oct 22 Would Unemployment Drop If Wages Were Tied to a Firm's Profits? By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Friday's query: Name: Dr. Morris Weinberger Question: Could unemployment be ameliorated by using the… Continue reading
Oct 22 Would Unemployment Drop If Wages Were Tied to a Firm's Profits? Name: Dr. Morris Weinberger Question: Could unemployment be ameliorated by using the “short” method of reducing employee salaries instead of wholesale firings? How much of an impact would use of “shorting” have in reducing national unemployment??… Continue reading
Oct 21 A Closer Look at Herbal Supplements UPDATE | Oct. 22, 2010 from Paul Solman: Apologies to all who know biology: this story identified A,C,G and T as AMINO acids. They're NUCLEIC. ................................................................................................................................................ Paul Solman's Making Sen$e segment on Thursday's NewsHour looks at a new… Continue reading
Oct 21 Jobs, Conservative Roots Pose Hurdles for Democrats in Small Town America _pap_embeddable('news01s4499qf90',482,304,{ pap_usecache:true }); Ohio's 16th District all begins with Canton. The former manufacturing hub in the northeasternpart of the state has simultaneously shrunk in population and yet grown in the ranks of Ohio cities - climbing… Continue reading
Oct 21 Why Not Use Financial Revenues to Pay Down the National Debt? 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 Thursday's query: Name: Missy Rodey Question: Paul - I understand that about 50 percent… Continue reading