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Russia's losses in Ukraine rise faster than ever, as US pushes for peace deal - A steep rise in soldiers' obituaries is documented by the BBC as part of its work in counting Russian war losses.
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What would it take for me to feel safe wearing a kippah after Bondi? | Glen Berman - Jewish safety after Bondi will only be found by tackling radicalisation across Australia head on What would it take for me to feel safe wearing a kippah ...1 hour ago
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Strategy’s stock falls to fresh lows after using more share sales to buy bitcoin - The company’s shares fell to a 15-month low amid a decline in bitcoin prices and another dilutive share sale.3 hours ago
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Trump threatens to 'knock the hell' out of Iran if they build weapons - CNBC - Trump threatens to 'knock the hell' out of Iran if they build weapons CNBC*View Full Coverage on Google News*5 hours ago
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U.S. Pledges $2 Billion for U.N. Aid but Trump Administration Tells Agencies to ‘Adapt, Shrink, or Die’ - The announcement will likely keep the United States as the biggest international aid donor next year, even as the Trump administration slashes funding for ...5 hours ago
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Before history devolves into mythology: 2020’s best books on World War II - Historians grapple with the grimmest, toughest questions surrounding the war, about culpability, morality, and demagoguery during a fraught time.5 years ago
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S&P 500 closes nominally higher amid COVID-19 spikes, muted data - The S&P 500 closed nominally higher on Thursday as investors weighed a resurgence in coronavirus infections and the possibility of a new round of shutdowns...5 years ago
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NPR News: 03-20-2020 3PM ET -5 years ago
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Bankruptcy in Malaysia - Courtesy of: iMoney.my http://www.imoney.my/articles/bankruptcy/?utm_source=outbrain&utm_medium=CPC&utm_campaign=Traffic_MY_all_RSS11 years ago
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A reminder to update Picasa - *We just updated Picasa. To ensure that sharing to Google+ still works, please update to the latest version or turn on automatic updates. Thanks, and happy...12 years ago
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Picasa 3.9: Now with Google+ sharing and tagging - Posted by Chandrashekar Raghavan, Product Manager Picasa 3.9, the latest update to the Picasa client, is ready for you to try out! This update includes Goo...
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THE MASTERSTROKE, ...It’s never been so profitable for US banks to give mortgages.
Yet they’ve almost never been so reluctant to do it.
So now, the Fed is forcing them.
Much has been written about the Fed’s announcement of its latest effort to support the US economy with a new round of money creation and mortgage-bond buying—QE3—on Sep. 13. But few have recognized that it amounted to a shot across the bow of some of the biggest financial institutions in the country.
Here’s why. The Fed is aiming its unlimited buying power (since it can literally create money) at the market for mortgage-backed securities (MBS), the pools of mortgages where nearly all American home loans eventually end up. And the one of the largest holders of these MBS are the banks.
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