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| 'Dr. Doom' Economist's Dire Warnings Proved Right » Full Story |
| New York University economist Nouriel Roubini was viewed as a professional Cassandra when he warned of a coming housing crisis and a wave of bank foreclosures a couple of years ago. Now officials around the world are seeking his advice since he's been proven right. New York University economist Nouriel Roubini was viewed as a professional Cassandra when he warned of a coming housing crisis and a wave of bank foreclosures a couple of years ago. Now officials around the world are seeking his advice since he's been proven right. » E-Mail This » Add to Del.icio.us
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| Bailout Vow Does Little To Aid Fannie, Freddie » Full Story |
| Congress' approval last month of a bailout of Fannie Mae and Freddie Mac was meant to reassure anxious investors. It hasn't worked out that way, however. Investors' confidence in the companies is dwindling and there's still much uncertainty over how a bailout will work. Congress' approval last month of a bailout of Fannie Mae and Freddie Mac was meant to reassure anxious investors. It hasn't worked out that way, however. Investors' confidence in the companies is dwindling and there's still much uncertainty over how a bailout will work. » E-Mail This » Add to Del.icio.us
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