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- The Bailout Reader (Ludwig von Mises Institute)
www.mises.org General Motors has once again approached the federal government with its hand out. It should not be forgotten that in September of 2008, Congress gave the "big three" automakers a loan totaling $25 billion. Now they are back.
- Economists say Indiana's economic pain will last awhile - Indianapolis Star
www.indystar.com Two years ago, Mike Mowrey was pulling down $30 an hour as a model maker at Guide Corp. in Anderson -- enough to support his wife and two children and pay the mortgage on his Madison County house. But when the auto-parts maker, a former General ...
- Berg misplaces blame, De-romancing the Stone (Isthmus)
www.thedailypage.com Rick Berg claims the Community Reinvestment Act "strongly encouraged banks to make mortgage loans to borrowers who either did not have the capacity or intention to pay them back," and made banks meet a "quota of dubious loans" ("Who Caused the Meltdown? Democrats!" 10/31/08).
- Stonegate Mortgage Corporation Hires Cori Drudge as Loan Originator - Earthtimes
www.earthtimes.org INDIANAPOLIS, IN -- 11/17/08 -- Stonegate Mortgage Corporation is pleased to announce the hiring of Cori Drudge as a Loan Originator for their Fishers, Indiana office. Prior to joining Stonegate Mortgage, Mr. Drudge was the former President of The ...
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