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Monthly Archives: October 2008

FDIC Chief Blasts Bailout For Not Helping Homeowners

Friday, October 17, 2008

Yesterday, the Chairman of the Federal Deposit Insurance Corp (FDIC) — the organization that insures banking deposits — criticized the U.S. Government’s recent $700 billion rescue package as helping stabilize financial markets, but not doing enough to address home foreclosures.
FDIC Chairman Sheila Bair told the Wall Street Journal she’s perplexed that so much attention has [...]

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Twitter Updates for 2008-10-16

Thursday, October 16, 2008

Dan’s most recent TV interview about “A Solution” on FOX Business - http://tinyurl.com/47fnaa #
Just set up a campaign on The Point for our proposal - need 100 people to pledge! Check it out and join!! http://moourl.com/c10tx #

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Fox News’ Neil Cavuto Interviews Gilbert

Tuesday, October 14, 2008

Fox News’s business host Neil Cavuto interviews Dan Gilbert on his housing market rescue plan.

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Dan Gilbert Outlines His Plan on Fox Business News

Tuesday, October 14, 2008

Gilbert Outlines His Housing Rescue Plan for Fox’s Neil Cavuto
Last night, Dan Gilbert was interviewed by Neil Cavuto on Fox Business News’ highly popular “Your World” business news show.
During the interview, Dan Gilbert outlined the root problem that still persists at the center of the current financial crisis: The death spiral of mounting foreclosures, rapidly falling property values and [...]

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Twitter Updates for 2008-10-13

Monday, October 13, 2008

“A Solution” hits the Detroit Free Press: http://tinyurl.com/4ufouu #
More on Dan Gilbert’s take on the housing crisis tonight on Fox Business News with Neil Cavuto: 6-7pm ET. #

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Forbes Magazine: Senator Stabenow Says Gilbert Plan is “Persuasive”

Sunday, October 12, 2008

Forbes Magazine: Senator Stabenow Says Gilbert Plan is “Persuasive”

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Detroit Free Press: 2 Propose Sane Fixes to Housing Meltdown

Sunday, October 12, 2008

Detroit Free Press Tom Walsh: 2 Propose Sane Fixes to Housing Meltdown

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Detroit Free Press: Two Propose Sane Fixes to Housing Meltdown

Sunday, October 12, 2008

In this morning’s Sunday edition of The Detroit Free Press, Free Press business columnist Tom Walsh takes a look at two “sane” proposals to fix the housing meltdown: a plan from retired Episcopalian priest and head of the Detroit Office of Foreclosure Prevention and Reponse, Stephen Bancroft, and Dan Gilbert’s “A Solution That Works.”
Here’s what Walsh [...]

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Senator Stabenow Says “A Solution” is “Persuasive”

Friday, October 10, 2008

Michigan Senator says bailout bill too costly; supports a plan similar to Dan Gilbert’s homeowner rescue proposal
Sen. Debbie Stabenow, D-Mich, told the Associated Press on Wednesday that Congress’ $700 billion attempted bailout of the banking industry was “too expensive” and didn’t address the core issues underneath the current financial crisis: the housing market and jobs.
Stabenow [...]

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The White House Solution to The Financial Crisis: Take Over The Banks?

Thursday, October 9, 2008

White House considering taking over some banks, says AP, anonymous source.
 
The big news this morning is a rumor that the White House is considering taking over ownership of certain banks — the latest move in the government’s “Whack-a-Mole” approach to dealing with the current financial market crisis.
According to the Associated Press:
An administration official, who spoke on [...]

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