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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The Latest Buzz & Media Coverage
Fox News's business host Neil Cavuto interviews Dan Gilbert on his housing market rescue plan.
- #Forbes Magazine: Senator Stabenow Says Gilbert Plan is "Persuasive"
- #Detroit Free Press Tom Walsh: 2 Propose Sane Fixes to Housing Meltdown
- #As bailout vote nears, other plans proposed - The Detroit Free Press
- #Dan explains the rescue plan to News/Talk 760 WJR's Frank Beckmann
- #Dan Gilbert talks to CNBC's Maria Bartiromo about why the $700 billion government bailout isn't enough to solve the death spiral in the housing market.
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