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...houses up for sale now sit vacant. What's astonishing about this particular real estate bust, though, is the way the damage has pinballed across the financial universe: mortgage companies in Los Angeles, banks in Seattle, hedge funds in Australia, the European Central Bank, Wall Street investment houses and Main Street stockholders have all had the American real estate market fall on them...
...MORTGAGE'S PATH FROM MAIN STREET TO WALL STREET The Housing Frenzy...
...Back on Main Street, tighter credit means fewer people getting home mortgages, further depressing the housing market and perpetuating the cycle...
ULTIMATELY THE ACADEMY'S MOST important gift to its students is social, not academic. One of the main reasons Jan and Bob Davidson founded the school was to provide a nurturing social setting for the highly gifted. Through another project of theirs, the Davidson Institute for Talent Development, each year the Davidsons assist 1,200 highly gifted students around the U.S. who need help persuading their schools to let them skip a grade or who want to meet other kids like them. Often the kids are wasting away in average classes, something that drives Bob Davidson crazy: "I mean, that...
...conclusions, Grassley said the report found that Aguirre's firing was "closely connected" to his objections to the "special treatment" afforded to John Mack. Grassley complained that "Mack's prominence protected him from the initial SEC inquiry, protection that would not have been afforded him had he been from Main Street rather than Wall Street." The Senator also lambasted the SEC's inspector general for having made "no attempt to conduct a serious, credible investigation" of Aguirre's allegations. Rather than a critical mechanism for airing staff concerns, the report argues, the IG is regarded by some as "a tool...