September 29, 2008
News Round-Up, 9/29
The decline of a home sale price from $226,000 to $69,900 – in a matter of months. [WashingtonPost.com]- Here’s one economist’s argument against the bailout. [CNN.com]
- IndyMac Bank customers who are seriously delinquent on their loans may be eligible for payment modification, courtesy of the FDIC. [Examiner.com]
- 6400 defense jobs originally allotted to Fort Belvoir are going to Alexandria instead. [WashingtonPost.com]
- Another culprit in the current crisis: the Glass-Steagall repeal? [Matrix]
Image: FDR signed the Glass-Steagall Act into law in 1933. Bill Clinton repealed it in 1999.
