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TheStreet.com - 15 minutes ago By TheStreet Staff 04/06/12 - 02:59 PM EDT NEW YORK (TheStreet) -- The Treasury Department Friday said that the CEOs of Ally Financial, American International Group(AIG) and General Motors(GM) won't get pay raises in 2012. Forbes - 2 hours ago
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Deere, Disney, Hewlett-Packard, Qualcom and many others are also under investigation for violations of the U.S. Foreign Corrupt Practices Act. Job-hunters getting back on track is encouraging, but it's likely to bump up the unemployment rate. And that could give Mitt Romney some much-needed ammo as the election gets closer. It may be tempting in certain foreign markets to float a little money to key players in order to get business, but studies show it often doesn't pay off in the long run -- even if you don't get caught.
All this week, we are looking at the Housing Recovery theme, challenging assumptions that make up the bullish argument. Monday, we began with Debunking the Housing Recovery Story , starting with Shadow inventory. On Tuesday, it was Reality Check on Home Affordability . Yesterday, we looked at the Problem With Home Prices . Today in part 4, we take a closer look at F oreclosures — how many more are likely to occur, and what that means for future of any Housing recovery. Before we get into the details of Foreclosures, a caveat : As housing analysts, strategists, economists, we need to separate the concept of foreclosure as it should be practiced from the recent robosigning scandals .
The Big Picture
In today's pictures, a U.S. service member is buried at Arlington National Cemetery, a boy plays in the mud in Myanmar, Peyton Manning joins the Denver Broncos, and more. Britain's Queen Elizabeth II reaffirmed her dedication to serve in an address to Parliament Tuesday marking her six decades on the throne. A fresh wave of sanctions that is feeding panic in Iran's economy is also hitting businesses in NATO-ally Turkey, upending a boom in bilateral trade that was underpinned by improving diplomatic ties. This five-bedroom property, believed to date back to 1860, has been restored to a family home after being subdivided into apartments for many years.
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Last Update: 5/17/2012 10:52:00 PM Asian stock investors dump shares as fresh concerns about the health of Spanish banks add to existing worries about capital flight from Greek lenders. Last Update: 5/17/2012 11:25:00 PM As the humid summer heat descends on Hong Kong and Tokyo, traders in these financial capitals are turning to the mountainside getaways of Japan’s Hokkaido island, not just as a vacation spot, but also as a curious play on the Japanese yen. Last Update: 5/17/2012 6:12:00 PM
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Hawker Beechcraft Inc, the aircraft manufacturer owned by Goldman Sachs Group Inc's private equity arm and Onex Corp , is preparing to file for bankruptcy protection in the next several weeks, according ...