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Video: Obama's new assault on foreclosure crisis
Aiming to lift a major drag on the economy, U.S. President Barack Obama is launching a new assault on the foreclosure crisis that aims to help struggling homeowners refinance.

Video: U.S. foreclosures down 34% last year
More people avoided foreclosure last year as filings and repossessions dropped off significantly to the lowest point in four years.

Portugal and Greek concerns weigh on world stocks
LONDON (Reuters) - World stocks fell from a 5-1/2 month high on Friday as gains spurred by the Federal Reserve's pledge of low interest rates gave way to concerns about Portugal, seen as the next domino in the euro zone crisis, and uncertainty over Greek debt talks.

Carlyle Suit Ban, ECB-Greek Rescue, Pipeline Bill, CDO Charges: Compliance
The Feb. 3 letter was signed by Senators Al Franken of Minnesota , Robert Menendez of New Jersey and Richard Blumenthal of Connecticut , who wrote that Carlyle’s provision “would unlawfully deprive investors of their ability to vindicate their statutory rights.”

Debt crisis: as it happened, February 3, 2012
The FTSE 100 has closed at a seven-month high after US data showing more US people are in work boosted global markets, while Greece announces it is to auction €625m of Treasury bills next week.

Nasdaq nails Friday gain as Dow stocks falter
Nasdaq nails Friday gain as Dow stocks falter

Market Snapshot: U.S. stocks mostly down; S&P streak holds
A late-session surge in financials keeps the S&P 500 in the green for a fourth consecutive week.

Ally Financial Reports Preliminary Fourth Quarter and Full Year 2011 Financial Results
NEW YORK, Feb. 2, 2012 /PRNewswire/ -- Ally Financial Inc. (Ally) today reported a net loss of $250 million for the fourth quarter of 2011, compared to a net loss of $210 million in the prior quarter and ...

David Weidner's Writing on the Wall: 3 things Europe could learn from the Yanks
Big banks are bullying European leaders into concessions, but even though bailouts are unavoidable, political leaders should demand rights and regulations as part of any package.

David Weidner's Writing on the Wall: 3 ways Europe can learn from Yank bank bailouts
Big banks are bullying European leaders into concessions, but even though bailouts are unavoidable, political leaders should demand rights and regulations as part of any package.

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