Yesterday's plan to solve the euro debt crisis has furthered outraged German citizens who don't want to foot the bill — putting Chancellor Angela Merkel in a tight spot.
The Federal Housing Finance Agency will release a report today saying Freddie Mac should have gotten more out of the Bank of America than a $1.3 billion settlement.
Greek Prime Minister George Papandreou visits Germany today, in an effort to convince Chancellor Angela Merkel — and the German people — that Greece deserves another chance.
As the European debt crisis continues, the pressure is falling squarely on the shoulders of Chancellor Angela Merkel, who is caught between her duty to the eurozone and her people.
Prime Minister George Papandreou of Greece assured an audience in Germany this morning that his country is on its way to recovery — but that they still need help from their neighbors.
On Saturday, the Federal government will lower the mortgage price that it will back by $100,000 in an effort to wean Americans off government involvement in the housing market. Who will be hardest hit?
Housing market numbers continue to be low, and many economists are starting to believe that it will be manufacturing and exports, not the housing market, that will lead us to recovery — however slowly.
The Federal Housing Finance Agency's inspector general is out today criticizing Freddie Mac's decision to go easy on Bank of America in a previous settlement.
Eastman Kodak's stock has plummeted this week, and the company went to its bankers for $160 million. Problem is, investors didn't realize the situation was so dire.
Marketplace Morning Report for Tuesday, September 27, 2011
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