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Friday market the largest amount of United States government take overs in one single day since the beginning of the financial crisis and the almost complete collapse of the financial sector of the United States.
The nine banks (which brings the total to 115 for the …

It’s getting more and more clear that insurer AIG will never be able to pay taxpayers back for the $170 billion that was lent to the failing company.
The problem is coming from AIG’s trading partners and while i has fulfilled its contracts with banks, both …

In 2008, those in the subprime market saw their investments go down the drain. Next year may be even worse…
Until now, the nation’s most serious home price declines have been in low-cost markets that were dominated by subprime mortgages, and in overbuilt markets such as …