World-News

By MICHAEL R. CRITTENDEN

A total of 775 banks, or one-tenth of all U.S. banks, were on the Federal Deposit Insurance Corp.'s list of "problem" institutions in the first quarter, as bad loans in the commercial real-estate market weighed on bank balance sheets.

http://www.informationclearinghouse.info/article25512.htm



HUD Is Trying to Privatize and Mortgage Off All of America's Public Housing

By George Lakoff

The Obama Administration's move to the right is about to give conservatives a victory they could not have anticipated, even under Bush. HUD, under Obama, submitted legislation called PETRA to Congress that would result in the privatization of all public housing in America.

http://www.informationclearinghouse.info/article25514.htm



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