Chronicles of the Recession and the Economic Downturn
This Blog is a chronological record of the worst economic recession since the Great Depression
Sunday, June 28, 2009
Personal bankruptcies surge
Saturday, June 20, 2009
California unemployment rises to record 11.5% in May
Friday, June 19, 2009
Mortgage foreclosures heading through the roof
Tuesday, June 16, 2009
Loan Redos Get Tangled in Thicket of Red Tape
Monday, June 15, 2009
Extended Stay Hotels Chain Files for Bankruptcy
Tuesday, June 9, 2009
Commercial Loans to Bear Brunt of Future US Bank Losse
Foreclosure crisis spreads from subprime to prime mortgages
Saturday, June 6, 2009
Stuck at Unemployed: When A Layoff Becomes a Lifestyle
Reality check for U.S. bond binge
Retail recession spreads to wealthier parts of Southland
Friday, June 5, 2009
U.S. Unemployment Rate Probably Topped 9%, Highest Since 1983
Mortgage crisis robbing seniors of golden years
U.S. retailers reported unexpectedly poor sales last month as consumers spent frugally
Monday, June 1, 2009
New Era in Autos as GM Files for Bankruptcy
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What are Credit Default Swaps?
What is Mortgage Securitization?
What is a Subprime Mortgage?
What are Collateralized Debt Obligations?
What are Mortgage Backed Securities?
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The American Recovery and Reinvestment Act of 2009
http://stimuluswatch.org
