Correction: E-Trade share price story
MSN MoneyCentral - But analysts warned exposure to potentially toxic mortgage debt could hamper the company’s growth. E-Trade shares jumped 28 cents, or 8.1 percent, to $3.76 Friday. The stock is still severely lower than its 12-month high of $25.79 set in June. It lost …
Earnings Preview: Allstate
Boston Globe - The company’s $121.13 billion portfolio lost about $1.14 billion of its value in the third quarter, partly because of losses on mortgage debt. EXPECTATIONS: Analysts polled by Thomson Financial forecast fourth-quarter profit of $1.32 per share …
House Of Cards: The Mortgage Mess
CBS News - When you opened your mailbox in 2004, 2005, you could barely — people were pressing on you, if you were not institutionalized, all matters of schemes in which to expand your personal debt and mortgage debt. You could, and people did, borrow more …
Treasury Assistant Secretary for Economic Policy Phillip Swagel Statement for the Treasury Borrowing Advisory … (United States Department of the Treasury)
- Economic growth appears to have slowed in late 2007, and is likely to remain sluggish through the first half of 2008. Labor market conditions softened notably in December, as job growth slowed and the unemployment rate jumped to 5.0 percent.