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LATEST BLOGS
| | - America's Great Escape Ticket
Consumers are spending more and more time consuming entertainment — Americans spend an average of four hours EACH DAY watching video. But how they're spending their entertainment dollars is shifting.
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- Stern: On Bank Reform, Risk Retention Harms Competition
By setting risk retention requirements at each step of the process, the very legislation intended to avoid a housing crisis could drastically reduce liquidity and cripple the ability of the secondary mortgage market to deliver hundreds of billions of dollars of low cost mortgage credit needed each year.
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- Is Treasury Trying to Make Banks Look Bad?
Today the Treasury Department released its monthly Servicer Performance Report through February on the 75 billion dollar Home Affordable Modification Program. This is the report that shows how many loans are in the trial phase, how many have been converted to the permanent phase, and which banks are doing more and which are doing less.
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 FIRST IN BUSINESS WORLDWIDE. | © 2010 CNBC Inc. All Rights Reserved
900 Sylvan Englewood Cliffs, NJ 07632 | 
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LATEST BLOGS
| | - Why Size Doesn't Matter in the Bathroom Anymore
The American Institute of Architects reports that, "functionality is now preferred to more and larger bathrooms within U.S. homes." Functionality. How banal.
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- Will Los Angeles Go Broke?
The City of Angels is facing a $200 million budget deficit in the current fiscal year which will grow another half billion next year. The city will owe $399 million next year just in debt service, and it faces about $6 billion in underfunded pensions and healthcare costs for its retired employees.
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- Citigroup vs. Goldman Sachs—The Better Buy: Strategists
Since the lows of March 2009, Goldman Sachs has moved up more than 80 percent while Citigroup jumped over 160 percent. Do these stocks have further room for growth? Christopher Whalen, senior vice president and managing director at Institutional Risk Analytics, and Jeffery Harte, managing director in equity research at Sandler O’Neill, shared their insights.
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| FIRST IN BUSINESS WORLDWIDE. | © 2010 CNBC Inc. All Rights Reserved
900 Sylvan Englewood Cliffs, NJ 07632 | 
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