TITLE

The Not-Quite Bailout

AUTHOR(S)
Fox, Justin
PUB. DATE
July 2008
SOURCE
Time;7/21/2008, Vol. 172 Issue 3, p35
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
The author offers observations on a U.S. Congress housing bill proposed by Representative Barney Frank and Senator Chris Dodd. The author shares his views on Congress's attempt to entice lenders to renegotiate the nearly $300 billion in troubled home loans via the Federal Housing Administration's insurance guarantees. He suggests that the legislation will not stop the foreclosure problem but that does not mean it is a bad idea.
ACCESSION #
33158005

 

Related Articles

  • The Not-Quite Bailout. Fox, Justin // Time International (South Pacific Edition);7/21/2008, Issue 28, p39 

    The author offers observations on a U.S. Congress housing bill proposed by Representative Barney Frank and Senator Chris Dodd. The author shares his views on Congress's attempt to entice lenders to renegotiate the nearly $300 billion in troubled home loans via the Federal Housing...

  • Cui bono. Jason, Gary // Liberty (08941408);Jun2009, Vol. 23 Issue 5, p19 

    The article considers the public bashing of bonuses for American Insurance Group (AIG) by U.S. President Barack Obama, Christopher Dodd and Barney Frank. The author refers to three articles on "Wall Street Journal" on March 19, 2009 to highlight the alleged hypocrisy of this campaign. It reports...

  • Hey, Congress! For the sake of waiters and valets, Hollywood needs a bailout. Korchek, Jeffrey // Hollywood Reporter;2/4/2009, Vol. 408 Issue 22, p18 

    The article presents a discussion among Senator Christopher Dodd, Representative Barney Frank and the chairmen of three of the parent companies of the major Hollywood studios at a special joint session of the U.S. Senate Committee on Banking, Housing and Urban Affairs and the U.S. House...

  • Subsidizing stupidity. Harrison, Jon // Liberty (08941408);May2008, Vol. 22 Issue 4, p13 

    The article looks at the actions being planned by several U.S. politicians to bail out millions of homeowners faced with negative equity. It states that Democratic Senator Chris Dodd of Connecticut aims to buy up delinquent mortgages and change them with federally guaranteed loans with lower...

  • Bailout Advances, Support Not Guaranteed. ACKERMAN, ANDREW // Bond Buyer;9/26/2008, Vol. 365 Issue 32970, p1 

    The article focuses on the U.S. government's tentative agreement on the $700 billion bailout proposed by the Treasury Department. Some Republicans made it clear that they remained opposed to it. It is also unclear if supporters will be able to get enough Republican support for the pact. Senate...

  • Legislators Speak Out.  // Credit Union Directors Newsletter;Apr2009, Vol. 33 Issue 4, p5 

    The article presents quotes from Representative Barney Frank asserting no changes on the tax status of credit unions (CUs), Senator Christopher Dodd promising CUs a seat during discussions on future framework of the financial services industry, and Representative Carolyn Maloney to the...

  • Congress likely to extend terrorism insurance.  // SCTXtra;2/12/2007, Vol. 12 Issue 7, p2 

    The article reports the possibility that the Terrorism Risk Insurance Act maybe extended beyond its year-end expiration by the 110th Congress in the U.S. The move would oblige insurers to offer coverage for terrorist attacks while making the federal government an agency of reinsurance. According...

  • WASHINGTON PEOPLE. Kaper, Stacy; Adler, Joe; Hopkins, Cheyenne // American Banker;2/14/2011, Vol. 176 Issue 24, p3 

    News briefs are offered on people in Washington, D.C. Chris Dodd, the former chairman of the Senate Banking Committee, may be chosen to head the Motion Picture Association of America. Representative Barney Frank and Peter Wallison, a member of the Financial Crisis Inquiry Commission, are...

  • Backstop extension stalls in Congress. Hofmann, Mark A. // Business Insurance;12/17/2007, Vol. 41 Issue 51, p16 

    The article focuses on the delay in the reauthorization of the U.S. federal terrorism insurance backstop by Congress in 2007. The reauthorization of the program stalled in spite of efforts by Senate Banking, Housing and Urban Affairs Committee Chairman Chris Dodd and House Financial Services...

Share

Read the Article

Courtesy of NEW JERSEY STATE LIBRARY

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics