Oct 29th, 2008 · The conviction of two Louisiana inmates for a correctional officer's death rests largely on the testimony of a single witness. For years people have been saying he never got any favors from the prison. But questions are being raised lately as to how he ended up in the best inmate housing, caring for bloodhounds rather than working in the fields.
Oct 27th, 2008 · It's only natural to worry as the value of homes and investments falls. But the financial crisis is hitting some people harder than others. In California, where the housing meltdown started early, some of the financial losses are turning into human tragedies.
Oct 24th, 2008 · Former Federal Reserve Chairman Alan Greenspan told a House committee Thursday that the banking and housing crisis is a "once-in-a-century credit tsunami." When asked if his ideology pushed him to make bad decisions, Greenspan said he found a "flaw" in his governing ideology that has led him to reexamine his thinking.
Oct 24th, 2008 · Republican presidential nominee John McCain was in the battleground state of Florida Thursday. Florida has the nation's second highest foreclosure rate, so nearly every business connected with the housing market has suffered. McCain called on the administration to act now to buy toxic mortgages.
Oct 23rd, 2008 · The current global financial crisis is a "once-in-a-century credit tsunami" that policymakers did not anticipate, former Federal Reserve Chairman Alan Greenspan told Congress on Thursday. Stabilizing the housing market is a key to ending the financial crisis, he said, but that is not likely to occur for "many months in the future."
Oct 23rd, 2008 · Ireland's economy appears to be in recession. Part of the problem could be that housing prices have dropped dramatically. The hard times are hurting the Irish and migrants from Europe.
Oct 21st, 2008 · The housing crisis may be starting to turn around in at least one part of the country. Last month, home sales in Southern California jumped 65 percent from a year ago.
Oct 21st, 2008 · Many Americans are struggling as banks hold a tighter grip on their money, making it more difficult for consumers to get all kinds of loans. But for some, falling home prices and the vast number of homes in foreclosure represent an opportunity to invest.