{"id":90241,"date":"2009-12-19T15:28:08","date_gmt":"2009-12-19T20:28:08","guid":{"rendered":"http:\/\/mortgagenewsclips.com\/2009\/12\/19\/affecting-the-consumer-older-americans-finance-jobs-energy-revolution-desperate-bank-robber-luxury-short-sales-bernanke-gets-a-rixed-rate-citi-shares\/"},"modified":"2009-12-19T15:28:08","modified_gmt":"2009-12-19T20:28:08","slug":"affecting-the-consumer-older-americans-finance-jobs-energy-revolution-desperate-bank-robber-luxury-short-sales-bernanke-gets-a-rixed-rate-citi-shares","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/90241","title":{"rendered":"Affecting the consumer: Older Americans, Finance Jobs, Energy Revolution, Desperate Bank Robber, Luxury Short Sales, Bernanke Gets a Rixed Rate, Citi Shares"},"content":{"rendered":"<p><a href=\"http:\/\/billcoppedge.com\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"Bill-Coppedge\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/Bill-Coppedge29.jpg\" width=\"77\" height=\"114\"><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"original content selection by MortgageNewsClips.com\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/original-content-selection-by-MortgageNewsClips.com29.jpg\" width=\"279\" height=\"59\"><\/a> <\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/investment-news.jpg\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"investment-news\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/investment-news_thumb.jpg\" width=\"193\" height=\"49\"><\/a> <\/p>\n<p><strong>For older Americans, it&#8217;s a hard-knock life<\/strong> &#8211; By Lisa Shidler &#8211; &#8230; According to Golden Gateway Financial&#8217;s online survey of 300 people <strong>62 or older, 30% of respondents said they have sold personal items to make extra money, while 25% said they have postponed trips to the dentist or optometrist to save money.<\/strong>&nbsp; Some 27% said they haven&#8217;t been able to pay their bills due to unexpected medical expenses &#8211; <a href=\"http:\/\/www.investmentnews.com\/apps\/pbcs.dll\/article?AID=\/20091213\/REG\/312139927\/1017\">Investment News<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/reuters26.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"reuters2\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/reuters2_thumb6.png\" width=\"166\" height=\"55\"><\/a> <\/p>\n<p><strong>Most finance job-seekers open to pay cuts: survey &#8211;<\/strong> Nick Zieminski &#8211; A majority of job-seekers in the finance sector would consider taking a pay cut since their job searches are taking longer than initially expected, according to a survey by an online career management company. &#8211; <a href=\"http:\/\/www.reuters.com\/article\/idUSTRE5BF2QV20091216\">Reuters<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/nickgogerty.typepad.com\/designing_better_futures\/2009\/12\/potential-energy-revolution.html\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"ng1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/ng1.png\" width=\"280\" height=\"159\"><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/nick-gogerty2.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"nick-gogerty\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/nick-gogerty_thumb1.png\" width=\"244\" height=\"34\"><\/a> <\/p>\n<p><strong>Potential Energy revolution<\/strong> &#8211; Nick Gogerty &#8211; &#8230; Here <strong>is perhaps the most interesting video on energy I have seen in the last 5 years.&nbsp; If you are interested at all about energy it is worth the 20 minutes.<\/strong>&nbsp; Here is the company&nbsp; Sun Catalytix that has been formed to commercialize the technology from Dan Nocera.&nbsp; <strong>Warning this is subtle and the impact won&#8217;t register with most.<\/strong> ht Paul Kedrosky. &#8211; <a href=\"http:\/\/nickgogerty.typepad.com\/designing_better_futures\/2009\/12\/potential-energy-revolution.html\">Designing Better Futures<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/ajc1.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"ajc1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/ajc1_thumb.png\" width=\"124\" height=\"98\"><\/a> <\/p>\n<p><strong>Bank robber: \u2018I need to pay my mortgage&#8217; &#8211;<\/strong> By Marcus K. Garner &#8211;&nbsp; <a href=\"http:\/\/www.ajc.com\/news\/atlanta\/bank-robber-i-need-244550.html\">The Atlanta <br \/>Journal-Constitution<\/a>&nbsp; (Bet you hope your company does not hold his mortgage!)<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/bloomberg13.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"bloomberg\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/bloomberg_thumb13.gif\" width=\"190\" height=\"42\"><\/a> <\/p>\n<p><strong>Luxury-Home Owners in U.S. Use \u2018Short Sales\u2019 as Defaults Rise &#8211;<\/strong> By Kathleen M. Howley and Dan Levy &#8211; <strong>Homeowners with mortgages of more than $1 million are defaulting at almost twice the U.S. rate<\/strong> and some are turning to so-called short sales to unload properties as stock-market losses and pay cuts squeeze wealthy borrowers. &#8211; <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20603037&amp;sid=aQED_96QBBkk\">Bloomberg<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/wsj-blogs1.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"wsj-blogs\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/wsj-blogs_thumb1.png\" width=\"278\" height=\"39\"><\/a> <\/p>\n<p><strong>Ben refis into a fixed rate<\/strong> &#8211; Looking a Little Deeper at Bernanke\u2019s Floating Rate Mortgage &#8211; By Jon Hilsenrath and Mark Whitehouse &#8211; &#8230; Locking into a fixed rate mortgage looks like a sensible thing for any homeowner to do with long rates at historic lows now. Of course, <strong>Mr. Bernanke isn\u2019t any homeowner. One has to wonder what the decision to refinance implies about his beliefs about where rates are going in the future<\/strong>.&nbsp; &#8230; &#8211; <a href=\"http:\/\/blogs.wsj.com\/economics\/2009\/12\/18\/looking-a-little-deeper-at-bernankes-floating-rate-mortgage\/\">Wall Street Journal Blogs<\/a>&nbsp; <br \/>(Do you remember a few years ago when Greenspan was touting ARMs?)<br \/>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/www.bespokeinvest.com\/bespoke\/2009\/12\/422-citi-shares-for-each-person-in-the-world.html\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"bespoke1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/bespoke1.png\" width=\"299\" height=\"208\"><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/bespoke.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"bespoke\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/bespoke_thumb.png\" width=\"203\" height=\"48\"><\/a> <\/p>\n<p><strong>4.22 CITI SHARES FOR EACH PERSON IN THE WORLD<\/strong> &#8211; A comment on Zero Hedge today offered up an interesting stat &#8212; that there are 4 shares of Citigroup for each person on the planet.&nbsp; Wow. &#8211; <a href=\"http:\/\/www.bespokeinvest.com\/bespoke\/2009\/12\/422-citi-shares-for-each-person-in-the-world.html\">Bespoke Investment Group<\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=qlqvSpvs9eM:P-TOL3nu7sU:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=qlqvSpvs9eM:P-TOL3nu7sU:D7DqB2pKExk\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=qlqvSpvs9eM:P-TOL3nu7sU:D7DqB2pKExk\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=qlqvSpvs9eM:P-TOL3nu7sU:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=qlqvSpvs9eM:P-TOL3nu7sU:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=qlqvSpvs9eM:P-TOL3nu7sU:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=qlqvSpvs9eM:P-TOL3nu7sU:V_sGLiPBpWU\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/mortgagenewsclips\/qTBe\/~4\/qlqvSpvs9eM\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; For older Americans, it&#8217;s a hard-knock life &#8211; By Lisa Shidler &#8211; &#8230; According to Golden Gateway Financial&#8217;s online survey of 300 people 62 or older, 30% of respondents said they have sold personal items to make extra money, while 25% said they have postponed trips to the dentist or optometrist to save money.&nbsp; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-90241","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/90241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=90241"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/90241\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=90241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=90241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=90241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}