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www.financial-planning.com
If Fannie Mae's third-quarter report will be most remembered for a massive, if well-telegraphed, $29 billion net loss, also noteworthy was new data showing a huge spike in its acceptance of unsecured bridge loans designed to help delinquent homeowners avoid foreclosure.
- Time Warner Cable announces public debt offering (AP via Yahoo! Finance)
biz.yahoo.com
Time Warner Cable Inc., the nation's second largest cable operator, announced a public debt offering on Thursday to help finance a special dividend to be paid just before the company separates from its parent, Time Warner Inc.
- A debt spiral we could have avoided (The New Statesman)
www.newstatesman.com
Who, five years ago, would have predicted the part-nationalisation of private banks, the UK Treasury considering abandoning its fetish of “inflation targeting”, and prudent Gordon Brown breaching the EU cap on government spending?
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