Jammu, October 15 (Scoop News)-HDFC Bank has signed a Memorandum of Understanding (MoU) with the government of Jammu & Kashmir for direct transfer of payments to beneficiaries under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The initiative – the first of its kind in J&K under the central government’s Direct Benefits Transfer (DBT) […]
Foreclosure Crisis: The Reality Behind the Housing Recovery Hype
By Carlos Marroquin Los Angeles, March 17, 2013 – In recent months, real estate pundits have been saying that the housing markets are recovering. They point to increases in sales and home prices, as well as a decline in foreclosure filings, and predict that the worst of the foreclosure crisis is over. The […]
Ecotech Institute Applauds Colorado for its Leadership in the Cleantech Industry
By Michael Seifert I recently came across a fantastic report published by the Metro Denver Economic Development Corporation. The report evaluates Colorado’s energy industry in two subclusters: (1) fossil fuels and (2) cleantech, which includes companies that use renewable energy sources and materials such as solar, wind, biomass and green transportation. Of […]
America Sees 94th Bank Failure
The FDIC assumed control of two more banks on Friday bringing the total number of bank failures for the year to 94. The banks were both subsidiaries of Irwin Financial Corporation of Columbus, Indiana. The FDIC estimates the total cost to the agency for the combined failures [1] of Kentucky-based Irwin Union Bank and Indiana-based […]
State Politicos Capitalizing On Mortgage Crisis For Career Development
(Reposted After Accidental Deletion While Editing) I read recently that Terry Goddard, Arizona’s current attorney general, has joined a Task Force supposedly to address the scam artists operating in Arizona after Obama’s claimed "rescue" was announced. Below is a copy of a letter I sent to the Arizona legislature as a former 45 year resident […]
How Big is AIG’s Bailout?
AIG has been selling off bits and pieces of its once-great empire in an effort to chip away at what it owes the American taxpayer and the Federal Reserve. Until it repays that debt, the company will remain in the awkward position of having the government as its largest shareholder. But press accounts have […]