RMDs likely suspended for 2009 (not 2008) — A one year (2009) benny only. It has passed house and senate and is now on presdents desk. It also contains funding relief for company pensions.
Auto Bailout Bill dies in Senate — No bill this year, which means it goes back to being TARP money with few strings if the administration decides it must help the automakers.
Homeowners redefaulting — For mortgages that have been modified, 58% of them redefault within 8 months.
Gasoline demand rising — With lower prices, gasoline demand is back up to around where it was last June. Since oil prices are still low, that shows how much other types of oil related demand has gone down.
This entry was posted by David on December 18, 2008 at 2:39 pm, and is filed under Commentary. Follow any responses to this post through RSS 2.0.You can leave a response or trackback from your own site.
12/12 Economic News
Interesting economic news
This entry was posted by David on December 18, 2008 at 2:39 pm, and is filed under Commentary. Follow any responses to this post through RSS 2.0.You can leave a response or trackback from your own site.