Billions loaned to California energy projects in wake of Solyndra by Daniel J. Goldstein and Serene Fang for California Watch The U.S. Department of Energy has moved ahead with 4.5 billion in new loans for solar energy projects [...]
Earlier this month, we looked at the quality of those modifications. Although they're better than they used to be (most used to actually raise the homeowner's payments), the banks' in-house modifications are on average half as generous as those the government sponsored. Homeowners in those modifications are also twice as likely to default as those with government mods.
Published on Saturday, March 7, 2009 by CommonDreams.org 12 Deregulatory Steps to Financial Meltdown Wall Street’s Best Investment – Part II by Robert Weissman & Disseminated by The Erie Wire What can $5 billion buy in Washington? Quite [...]