Related Content from Around Faves
layoffs
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1 FaverViewed: 14 TimesQuoted: MThat's in addition to the 872 jobs eliminated in the state as part of the initial round of layoffs, bringing the company's total job cuts in the state to more than 2,000 since the January announcement. Microsoft isn't saying which divisions or units are affected by the latest round, but anonymous employee posts indicate that worldwide sales, marketing and services are getting hit particularly hard.
- mike - Dec 02 20081 FaverViewed: 6 Times
- joe - Jan 01 20071 FaverViewed: 11 Times
recession
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Has anyone been reading about the Dodd-Frank bill? It sounds like a really bad idea.
Quoted: Valliere said that the idea gaining the most support is a plan from Senate Banking Chairman Chris Dodd and House Financial Services Chairman Barney Frank. Both are Democrats.
Quoted: The proposal, likely to be introduced soon after Congress returns from the Easter recess next week, would have the Federal Housing Administration guarantee hundreds of billions of new, lower-cost loans to troubled homeowners. Many borrowers would see their total principal on these new mortgages reduced under this program.
Quoted: "I think there's a growing populist feeling that if you're going to bail out Bear Stearns you better bail out individuals," said Greg Valliere, political economist with the Stanford Group, a Washington think tank.
And I don't understand why people think the Feds loan to JP Morgan to buy Bear Stearns is a 'bailout'. Why do people think this?
1 FaverViewed: 3 Times - misaacs - Mar 23 20081 FaverViewed: 10 Times
- mohit - Sep 21 20072 FaversViewed: 13 Times
