Thank you to the loyal readers and supporters of The Colorado Independent (2013-2020). The Indy has merged with the new nonprofit Colorado News Collaborative (COLab) on a new mission to strengthen local news in Colorado. We hope you will join us!
As the government, housing advocates and banks like Citigroup and JPMorgan Chase struggle to streamline loan modifications and stave off foreclosures, one tactic keeps coming back to life as a sure-fire weapon: the 90-day mortgage moratorium.
As Barack Obama readies himself to lead the United States through what appears to be a scathing recession, he faces a choice between feeding the political sphere's Wall Street addiction and investing in economic progress. Two key former Clinton cabinet officials could determine which course he takes.
When the government bailed out Bear Stearns in March, plenty of people on Main Street complained it wasn’t fair to save an investment bank and do nothing to help homeowners.
Imagine how they feel now.