Market Snapshot: U.S. stock market watches Fed more than vice versa

0 Comments Published August 27th, 2009 in News.

If the S&P 500’s performance is any gauge of Ben Bernanke’s work as chairman of the Federal Reserve, the former Princeton University economics professor would likely get low grades from investors.

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This blog discusses subprime mortgage problems. Subprime problems began when lenders offered loans to potential home owners with bad credit or credit / income that did not meet the standards of traditional lending. Subprime mortgages for people with bad credit or no credit face an uncertain future. Once the hope of many to enter into home ownership has now been corrupted both by overreaching consumers and predatory lenders. I hope to follow the aftermath of this crisis.

Mortgage Lender Implode-o-Meter

Market Snapshot: U.S. stock market watches Fed more than vice versa

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