U.S.-based real estate valuation company zillow.com says one third of Americans who bought a home in the last three years have negative equity. Many of the folks who bought at the top are facing the most brutal of double whammies. First, the last-in, first-out-in-the-street buyers had high loan-to-value ratios. That means that they borrowed 80%, 90% or even more of the value of the house. And now the value is falling, the second whammy.
August 13th, 2008 | Dan Denning | 2 comments | Continued Our DR Global Editions: 
Sunday, November 22nd, 2009
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2009-11-20 00:47 Most Comments
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Don, they never paid back all the TARP. In fact, they never even mentioned TARP re-payments while they were dishing ...
Darren | 22Nov09 | More -
Good work Winkinatcha.
I tend to favour against dollar rally...even though its on cards once again. Been waiting for a freefall ...
Lachlan Scanlan | 21Nov09 | More -
there's some rumblings going on lads.
Check it:
http://www.marketwatch.com/story/ice-investigating-spike-in-dollar-index-futures-2009-11-20
;)
winkinatcha | 21Nov09 | More -
"Goldman also received $10 billion of capital from the U.S. government in October 2008, under the Troubled Asset Relief Program."
In ...
Don | 21Nov09 | More -
3m UST bills turn negative, again! Apparently, they did routinely during the Great Depression, though Bloomberg reports "Treasury bills turned ...
Justin | 21Nov09 | More -
Yeah Ned I think it was Wierd Al who wrote a song about Prozak and his dealings with Biker....
"I know ...
Lachlan Scanlan | 21Nov09 | More -
Ever watched a dead cat bounce?
Dan | 20Nov09 | More -
Hey Biker ... Where are you? DR's gotten a bit boring lately mate. Even Prozak seems to have lost a ...
Ned S | 20Nov09 | More -
Agreed my friend - In a sane world one doesn't have to be a "rocket scientist" to have a chat ...
Ned S | 20Nov09 | More -
Ned, just that point about the world thinking immorality pays off ... actually not really. Big business knows immorality causes ...
Dan | 20Nov09 | More
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Don, they never paid back all the TARP. In fact, they never even mentioned TARP re-payments while they were dishing ...
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