4 Big Personal Finance Stories

All sorts of things happened this year in the world of personal finance. Probably the biggest story was the subprime crash. Indeed, the four stories that I found to be the biggest of the year are all related to the after math of the subprime crash — and the attempts made to fix the economy. Here they are:

The Fed has gotten involved in the economy with its cash liquidity plan.
The Bush Administration offered a mortgage fix that doesn’t actually really fix anything.
The financial sector is having serious troubles, including underdisclosed debt obligations.
A predatory lending bill was passed — but we …read more