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Developing Nation Debt Costs Drop Most Since '01 as Bonds Rally Bloomberg - 1 hour ago ... help push the London interbank offered rate that banks charge each other for three-month loans to the lowest level in five months. The seizure in debt ... Emerging-Market Stocks, Bonds, Currencies Gain After Fed Move Bloomberg Emerging-Market Bonds Advance as Stocks Rally Bolsters Demand Bloomberg Emerging-Market Stocks Rise, Post Biggest-Ever Rally This Week Bloomberg all 22 news articles
Q: Once in office, what will President Obama do about the home-mortgage problems? (Louisville Courier-Journal)
A: Proposals he pushed during the campaign included allowing bankruptcy judges to rewrite the terms of mortgages and establishing a 90-day foreclosure moratorium for homeowners who are trying in good faith to pay their mortgages. The expanded Democratic majority in the Senate gives such plans a strong chance of passage.
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