Deflation Arrives in the UK but “Avoided” in US?
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Deflation Arrives in the UK but “Avoided” in US?
September 9, 2009 – 1:05 pm | No Comment

Two contrasting statements are hitting the front pages today.  On one side of the Atlantic, deflation has arrived in the U.K. High Streets. A report from British Retail Consortium (BRC)-Nielsen Shop Price Index shows that …

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Fed Stops IndyMac Foreclosures
July 15, 2008 – 8:15 pm | No Comment

The FDIC has taken their first step as new owners of IndyMac by stopping all foreclosures on their mortgages. Shelia Bair, the FDIC Chairman, berated mortgage lenders for foreclosing on properties rather than working with the …