Mortgage and Financial News From 2008-3-3

Previous Day: 2008-03-02

Wreckonomics -- What American Capitalism Has Become (PRWeb)
The credit crisis and housing bubble are all collateral damage caused by a flaw in America's economic system, according to blogger Chris Klein. Our economics have become Wreckonomics. (PRWeb Mar 3, 2008) Read the full story at http://www.prweb.com/releases/economy/housing/prweb736304.htm
2008-03-03 12:31:09
As firms struggle, dividends are dying (Detroit Free Press)
As if Sprint Nextel's $29.5-billion quarterly loss and dour forecast weren't enough of a blow to investors, the cell phone company also killed its dividend.
2008-03-03 12:42:10
Asian Stocks Drop on Growth, Credit Loss Concerns; Toyota Falls (Bloomberg.com)
March 3 (Bloomberg) -- Asian stocks fell the most in a month, erasing February's gain, on concern worsening credit losses at financial companies will push the U.S. economy into a recession.
2008-03-03 12:48:11

Wreckonomics -- What American Capitalism Has Become (PRWeb)