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After the housing market collapsed, followed by the credit crunch, it became quite difficult for people to buy homes. However, now, while still tight, it is becoming easier (than a few months ago) to find a mortgage. So how do you know what to get …

After receiving $45 billion in bailout money already, Bank of America is now saying that it needs an additional $34 billion to make it through the “worsening recession.”
According to The New York Times, which cites an executive at the bank, the U.S. government told BofA …

The New York Times Co., owner of the Boston Globe, will resume negotiations with the Boston Newspaper Guild, the paper’s largest union (it represents about 700 editorial, advertising and business employees), in hopes to reach a deal to keep the paper afloat. Talks are set …

Today it was leaked to the New York Times that the Treasury Department has directed GM officials to lay the groundwork for a bankruptcy filing. The bankruptcy could be as short as a few weeks for portions of the company. The “less desirable” parts …

Jake DeSantis, an executive vice president at AIG’s Financial Products division turned in his resignation letter today after being one of the company’s executives to receive a bonus worth over $740,000 after taxes.
It’s fine that he resigned, after all, it will likely take some of …