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Category Archives: Economics
Two Nationwide Home Builders Going Bankrupt
Beazer Homes and Pulte Homes. They are publicly traded.
Posted in Economics
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The Economics Of Addiction
Tim Harford writes for Slate: I feel that it is time to share a secret. When I left on my vacation just over a week ago, I was fighting a battle with a deep-rooted addiction. I feel able to admit … Continue reading
Posted in Economics
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First Federal Tanks
Take a look at the stock of First Federal, a local bank (FED). It has gone down from 69 to around 42.50 On Thursday, the company announced plans to buy back the stock to support the share price. The stock … Continue reading
Posted in Economics
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Bank Financial Scandal Brewing
A source says: A financial scandal is brewing that the LA Times, as usual, is slow to pick up. It goes like this. When you have an adjustable rate mortgage, your payment is initially fixed, let’s say at $2500 a … Continue reading
Posted in Economics
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