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id="content-inner"> <h1 class="main-header"> <a href="/web/20090317212644/http://technorati.com/business/">Business</a> &raquo; Finance <span>/ <em>what&rsquo;s percolating in blogs now</em></span> <a class="info" href="http://web.archive.org/web/20090317212644/http://support.technorati.com/support/siteguide/channels"><img src="http://web.archive.org/web/20090317212644im_/http://scm-l3.technorati.com/x/static/images/icons/info.png?1217125054" width="14" height="14" alt="Info"/></a> </h1> <a class="feed" href="http://web.archive.org/web/20090317212644/http://feeds.technorati.com/business/finance/">Subscribe</a> <div id="main"> <ul id="tabs"> <li class="active"><span>Headlines</span></li> <li><a href="/web/20090317212644/http://technorati.com/business/finance?source=all&amp;page=1">Rising Posts and Stories</a></li> </ul> <div id="top-stories"> <div class="blog"> <h2> <a class="title" href="/web/20090317212644/http://technorati.com/business/finance?source=posts&amp;sort=buzz&amp;page=1">Rising blog posts by attention</a> <a class="more" href="/web/20090317212644/http://technorati.com/business/finance?source=posts&amp;page=1"> View All &raquo; </a> </h2> <h3 class="entry-title"><a href="/web/20090317212644/http://technorati.com/posts/eijMqsx_b1sAsLWu0cGMi8rOAouSjTdL6Hzv2lDAqoU%3D"> President won’t budge on veteran insurance proposal </a></h3> <div class="entry-content"> <p>March 16th, 2009Regular readers will remember the exchange I wrote about last week in which Eric Shinseki the new VA director proposed a system to force veterans to buy insurance to treat their service-connected injuries from a Stars and Stripes article;The administration is considering charging &hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2009-03-16T15:15:31-07:00"> 23 hours ago</abbr> by <a href="/web/20090317212644/http://technorati.com/people/technorati/jlilyea">jlilyea</a> in <a href="/web/20090317212644/http://technorati.com/blogs/thisainthell.us%2Fblog">This ain't Hell, but you can see it from here</a> &middot; <a class="links" href="/web/20090317212644/http://technorati.com/blogs/thisainthell.us%2Fblog?reactions" title="View blog reactions">Authority: 267</a> </div> <div class="discussion"> <h4>Attention [8]:</h4> <ul> <li class="first-child"> <a href="/web/20090317212644/http://technorati.com/posts/eijMqsx_b1sAsLWu0cGMi8rOAouSjTdL6Hzv2lDAqoU%3D?sub=gPP33_%2BB8dr0wAgDzeF_dj%2B2KELEclzc9Z8Jtl2Yzvk%3D">Hot Air » Top Picks</a> </li> <li> <a href="/web/20090317212644/http://technorati.com/posts/eijMqsx_b1sAsLWu0cGMi8rOAouSjTdL6Hzv2lDAqoU%3D?sub=BxP1ChELr39NuQ6gj5mHTmPD%2ByUSQT8pjoVfWQni3DE%3D">Stop The ACLU</a> </li> <li> <a href="/web/20090317212644/http://technorati.com/posts/eijMqsx_b1sAsLWu0cGMi8rOAouSjTdL6Hzv2lDAqoU%3D?sub=YQL1_5xPCsbHftv6L3BepV5Lw99ybZYmg1ZfrHhlDs4%3D">Doug Ross @ Journal</a> </li> </ul> </div> </div> <div class="news"> <h2> <a class="title" href="/web/20090317212644/http://technorati.com/business/finance?source=news&amp;sort=buzz&amp;page=1">Rising news stories by attention</a> <a class="more" href="/web/20090317212644/http://technorati.com/business/finance?source=news&amp;page=1"> View All &raquo; </a> </h2> <h3 class="entry-title"><a href="/web/20090317212644/http://technorati.com/articles/TYj58YRPWX8xFmYSWtSoni83RI5W60fUZcN5TzY9qoY%3D">U.S. credit card defaults rise to 20 year-high</a></h3> <div class="entry-content"> <p>NEW YORK (Reuters) - U.S. credit card defaults rose in February to their highest level in at least 20 years, with losses particularly severe at American Express Co and Citigroup amid a deepening recession.&hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2009-03-16T15:35:26-07:00"> 22 hours ago</abbr> in <a href="/web/20090317212644/http://technorati.com/publications/reuters.com%2F">Reuters</a> </div> <div class="discussion"> <h4>Attention [4]:</h4> <ul> <li class="first-child"><a href="/web/20090317212644/http://technorati.com/articles/TYj58YRPWX8xFmYSWtSoni83RI5W60fUZcN5TzY9qoY%3D?sub=tNTwhR1Cd5B2KLIuR_MS2of%2BaVwHAFqLuwQYumcPidY%3D">Calculated Risk</a></li> <li><a href="/web/20090317212644/http://technorati.com/articles/TYj58YRPWX8xFmYSWtSoni83RI5W60fUZcN5TzY9qoY%3D?sub=flVFgOhwSuFRfGw3cxJ1%2BOYzheFiIbDmnjjuQdwrAbk%3D">The Mess That Greenspan Made</a></li> <li><a href="/web/20090317212644/http://technorati.com/articles/TYj58YRPWX8xFmYSWtSoni83RI5W60fUZcN5TzY9qoY%3D?sub=fucYnnntoalts3cXFquQWstgAvL7cExDXMVUFHXMiAg%3D">Donklephant</a></li> </ul> </div> </div> </div> <div class="ad inline"> <div id="adsense-text" class="module"></div> <script type="text/javascript" src="http://web.archive.org/web/20090317212644js_/http://scm-l3.technorati.com/x/static/js/adsense.js?1236822141"></script> <script type="text/javascript"> google_ad_type = "text"; google_max_num_ads = 2; google_ad_channel = "channels"; </script> <script type="text/javascript" src="http://web.archive.org/web/20090317212644js_/http://pagead2.googlesyndication.com/pagead/show_ads.js"></script> </div> <div id="stories"> <div class="first column"> <div class="blog"> <ul> <li> <h3 class="entry-title"><a href="/web/20090317212644/http://technorati.com/posts/P%2BgiHitLk3X_rs1Z6Y5yzbTRQmkHtSYSl9aR7xDvcwQ%3D"> Treasury Considers Bailout Reduction For AIG </a></h3> <div class="entry-content"> <p>I'm hearing that.... The Department of the Treasury is looking at ways to simply reduce the amount of money it's lending to AIG; they'd start with the latest $30 billion line of credit and subtract the value of the bonuses paid. And that's the question: to how much, precisely, do the bonuses add up? Published values range from $165 million to $1.2 billion. &hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2009-03-16T13:46:44-07:00"> 1 day ago</abbr> in <a href="/web/20090317212644/http://technorati.com/blogs/politics.theatlantic.com">The Atlantic Politics Channel</a> &middot; <a class="links" href="/web/20090317212644/http://technorati.com/blogs/politics.theatlantic.com?reactions" title="View blog reactions">Authority: 425</a> </div> <div class="discussion"> <h4>Attention [1]:</h4> <ul> <li class="first-child"> <a href="/web/20090317212644/http://technorati.com/posts/P%2BgiHitLk3X_rs1Z6Y5yzbTRQmkHtSYSl9aR7xDvcwQ%3D?sub=wMWkygHc60k9JvMf5G3j29VcPjBYJPL_OfwgGU3Z_5w%3D">Hot Air » Top Picks</a> </li> </ul> </div> </li> <li> <h3 class="entry-title"><a href="/web/20090317212644/http://technorati.com/posts/tvGQ6pDL9gJB9cN3fhfpHwifNMTYcRueJiuZF8nhkm0%3D"> Video: WH spokesman explains difference between economy being “strong” and “sound” </a></h3> <div class="entry-content"> <p>Via the Standard. Originally I had the headline referring to “WH spokestool,” but that’s unfair: It’s not Gibbs who adopted McCain’s infamous language about the economy, it’s our supposed rhetorical genius president’s top economic advisor. &hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2009-03-16T17:00:08-07:00"> 21 hours ago</abbr> by <a href="/web/20090317212644/http://technorati.com/people/technorati/michellemalkin">michellemalkin</a> in <a href="/web/20090317212644/http://technorati.com/blogs/hotair.com">Hot Air » Top Picks</a> &middot; <a class="links" href="/web/20090317212644/http://technorati.com/blogs/hotair.com?reactions" title="View blog reactions">Authority: 3,919</a> </div> <div class="discussion"> <h4>Attention [2]:</h4> <ul> <li class="first-child"> <a href="/web/20090317212644/http://technorati.com/posts/tvGQ6pDL9gJB9cN3fhfpHwifNMTYcRueJiuZF8nhkm0%3D?sub=2blhG8ORqLbYaJ%2B59EkPc9LpEEkRes8T_XwsWfC03cE%3D">Gateway Pundit</a> </li> <li> <a href="/web/20090317212644/http://technorati.com/posts/tvGQ6pDL9gJB9cN3fhfpHwifNMTYcRueJiuZF8nhkm0%3D?sub=66%2B%2Bp0nGQ2w9FdKSPxqhHELn9rTqlUiI8BsBuvXTgYY%3D">insignificant thoughts</a> </li> </ul> </div> </li> <li> <h3 class="entry-title"><a href="/web/20090317212644/http://technorati.com/posts/aJLDoMCPu3fx60gjO6GjmVqvPsi1lGLwHZktCjYbNog%3D"> Mortgage Fraud at All-Time High: Report </a></h3> <div class="entry-content"> <p>Reported incidents of mortgage fraud in the U.S. are at an all-time high, increasing 26 percent from 2007 to 2008, according to a new report released Monday by the Mortgage Asset Research Institute (MARI). &hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2009-03-16T12:11:28-07:00"> 1 day ago</abbr> by <a href="/web/20090317212644/http://technorati.com/people/technorati/jacksonpaul">jacksonpaul</a> in <a href="/web/20090317212644/http://technorati.com/blogs/www.housingwire.com">Housing Wire</a> &middot; <a class="links" href="/web/20090317212644/http://technorati.com/blogs/www.housingwire.com?reactions" title="View blog reactions">Authority: 316</a> </div> <div class="discussion"> <h4>Attention [2]:</h4> <ul> <li class="first-child"> <a href="/web/20090317212644/http://technorati.com/posts/aJLDoMCPu3fx60gjO6GjmVqvPsi1lGLwHZktCjYbNog%3D?sub=VL01%2BYAR1swNDR_4CGD7RP5yzWLaCTIOEFFisW82oOM%3D">Calculated Risk</a> </li> <li> <a href="/web/20090317212644/http://technorati.com/posts/aJLDoMCPu3fx60gjO6GjmVqvPsi1lGLwHZktCjYbNog%3D?sub=wPY6sP2QLNL5Eb0mLuGEWTqxCOQhVGNtIL1%2BYZ_Lf9I%3D">Blown Mortgage</a> </li> </ul> </div> </li> <li> <h3 class="entry-title"><a href="/web/20090317212644/http://technorati.com/posts/7qvqeQAbebU9aLjeGb5kQ7N47AKzS4LAERnAE2JwJCg%3D"> FASB to Propose Changes to Mark-to-Market </a></h3> <div class="entry-content"> <p>From Bloomberg: FASB Moves Toward Giving Banks More Flexibility on Fair-Value (ht Justin) The Financial Accounting Standards Board, pressured by lawmakers to change the fair-value rule blamed for worsening the financial crisis, proposed permitting companies to use “significant judgment” in valuing assets. &hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2009-03-16T12:46:00-07:00"> 1 day ago</abbr> by <a href="/web/20090317212644/http://technorati.com/people/technorati/calculatedrisk">calculatedrisk</a> in <a href="/web/20090317212644/http://technorati.com/blogs/www.calculatedriskblog.com">Calculated Risk</a> &middot; <a class="links" href="/web/20090317212644/http://technorati.com/blogs/www.calculatedriskblog.com?reactions" title="View blog reactions">Authority: 805</a> </div> <div class="discussion"> <h4>Attention [1]:</h4> <ul> <li class="first-child"> <a href="/web/20090317212644/http://technorati.com/posts/7qvqeQAbebU9aLjeGb5kQ7N47AKzS4LAERnAE2JwJCg%3D?sub=rhh%2BPID3sZM4FQ_fB20dvJ7N0fbHvX2WCMpK_Y95qxE%3D">Manhattan Real Estate: New York City Real Estate Tips</a> </li> </ul> </div> </li> <li> <a class="image-link" href="/web/20090317212644/http://technorati.com/posts/hDrfH0P52A2jZt5WTjbjQMO1vTTMhcrlfpJI%2BQkKty0%3D"> <img src="http://web.archive.org/web/20090317212644im_/http://static.technorati.com/asset/img/9/c/c/3/9cc3fc9c6ce3b726ac32d38ea9fd35f6.jpg" width="80" height="50" title="Target receives new PS3 SKU to release after GDC" alt="Image of Target receives new PS3 SKU to release after GDC"/> </a> <h3 class="entry-title"><a href="/web/20090317212644/http://technorati.com/posts/hDrfH0P52A2jZt5WTjbjQMO1vTTMhcrlfpJI%2BQkKty0%3D"> Target receives new PS3 SKU to release after GDC </a></h3> <div class="entry-content"> <p>According to a reader tip, Target stores are receiving a brand new PS3 SKU. The DPCI item number for the new product is 207-23-0009 and it will be available on March 29, a few days after the end of Game Developer's Conference . &hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2009-03-17T10:04:19-07:00"> 4 hours ago</abbr> by <a href="/web/20090317212644/http://technorati.com/people/technorati/WeblogsInc">WeblogsInc</a> in <a href="/web/20090317212644/http://technorati.com/blogs/www.joystiq.com">Joystiq</a> &middot; <a class="links" href="/web/20090317212644/http://technorati.com/blogs/www.joystiq.com?reactions" title="View blog reactions">Authority: 7,406</a> </div> </li> <li> <h3 class="entry-title"><a href="/web/20090317212644/http://technorati.com/posts/b6u3ubfN4QdLhCKdL%2B6rPt7AYBtM%2BGLhTS55cD5V1qA%3D"> Senator warns AIG workers: return money or we'll tax it </a></h3> <div class="entry-content"> <p>by Frank James and Jim Puzzanghera Sen. Charles Schumer (D-N.Y.) warned the recipients of the $165 million in controversial executive bonuses paid out at American International Group that they should voluntarily return the money or else face a new tax that would confiscate it. &hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2009-03-17T10:22:00-07:00"> 4 hours ago</abbr> in <a href="/web/20090317212644/http://technorati.com/blogs/www.swamppolitics.com%2Fnews%2Fpolitics%2Fblog">The Swamp</a> &middot; <a class="links" href="/web/20090317212644/http://technorati.com/blogs/www.swamppolitics.com%2Fnews%2Fpolitics%2Fblog?reactions" title="View blog reactions">Authority: 1,933</a> </div> <div class="discussion"> <h4>Attention [1]:</h4> <ul> <li class="first-child"> <a href="/web/20090317212644/http://technorati.com/posts/b6u3ubfN4QdLhCKdL%2B6rPt7AYBtM%2BGLhTS55cD5V1qA%3D?sub=xR9pxZEOrys6FXXLmIHdOJlYTTFEH%2BRgWSDoXdS34p0%3D">FREEDOM EDEN</a> </li> </ul> </div> </li> </ul> </div> </div> <div class="second column"> <div class="news"> <ul> <li> <h3 class="entry-title"><a href="/web/20090317212644/http://technorati.com/articles/3mhv54GXOcDHbc59egwPXaYM6lgJy6bBmOrMmsm2GTE%3D">Geldof: poor must be part of global finance reform</a></h3> <div class="entry-content"> <p>Activist Bob Geldof is calling for nations to consider the poor in reforms of the global financial system. The organizer of the 1985 Live Aid concert for Africa says that next month's Group of 20 summit in London has to make sure that developing nations a&hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2009-03-17T09:04:57-07:00"> 5 hours ago</abbr> in <a href="/web/20090317212644/http://technorati.com/publications/feeds.sfgate.com">feeds.sfgate</a> </div> </li> <li> <h3 class="entry-title"><a href="/web/20090317212644/http://technorati.com/articles/6_kNSONucFS0Rx3JmcuGHOjYSuICwNWzbwDr4TEncp8%3D">Obama, Grassley lead charge against AIG</a></h3> <div class="entry-content"> <p>From the White House to Capitol Hill, outrage continues to grow over insurance giant AIG's executives receiving $165 million in bonuses after taking billions in federal aid. One lawmaker even suggested that company leaders should resign or kill themselves&hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2009-03-17T07:29:36-07:00"> 6 hours ago</abbr> in <a href="/web/20090317212644/http://technorati.com/publications/msn.com">MSN</a> </div> </li> <li id="ymanager-container"> <!-- BEGIN STANDARD TAG - 234 x 60 - Technorati.com: ROS - DO NOT MODIFY --> <script type="text/javascript" src="http://web.archive.org/web/20090317212644js_/http://ad.yieldmanager.com/st?ad_type=ad&amp;ad_size=234x60§ion=481845"></script> <!-- END TAG --> </li> <li> <h3 class="entry-title"><a href="/web/20090317212644/http://technorati.com/articles/RMuBxOS2MM1H_altvDDetwagyyjIRJ1gHPDi6HevLRE%3D">Wall Street seesaws in midday trading</a></h3> <div class="entry-content"> <p>Wall Street is fluctuating on a mix of economic and corporate news and as investors await the Federal Reserve's latest assessment of the economy. The government has issued better-than-expected reports on housing and inflation. Meanwhile, Alcoa Inc. says i&hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2009-03-17T06:48:32-07:00"> 7 hours ago</abbr> in <a href="/web/20090317212644/http://technorati.com/publications/feeds.sfgate.com">feeds.sfgate</a> </div> </li> <li> <h3 class="entry-title"><a href="/web/20090317212644/http://technorati.com/articles/D2CIEyKEwYPCjFnfO8U%2BwnSWT_Oqju1W8pGnqinP680%3D">Wagoner says GM can restructure out of bankruptcy</a></h3> <div class="entry-content"> <p>WASHINGTON -- General Motors Corp. chairman and CEO Rick Wagoner said the automaker was confident the company could restructure outside of bankruptcy, but acknowledged a pre-planned bankruptcy filing &quot;could work.&quot;&hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2009-03-17T07:33:04-07:00"> 6 hours ago</abbr> in <a href="/web/20090317212644/http://technorati.com/publications/detnews.com">DetNews</a> </div> <div class="discussion"> <h4>Attention [1]:</h4> <ul> <li class="first-child"><a href="/web/20090317212644/http://technorati.com/articles/D2CIEyKEwYPCjFnfO8U%2BwnSWT_Oqju1W8pGnqinP680%3D?sub=%2BmHv9Bf%2B7KNxT6jldg8mtzgVPrhI3LOci3Z9sFdP0KA%3D">eGMCarTech</a></li> </ul> </div> </li> <li> <h3 class="entry-title"><a href="/web/20090317212644/http://technorati.com/articles/jBOP9odtgAtrn7hgihl6bXAVMzJH2BT8%2BA3pLThkvwI%3D">Housing starts surge; wholesale prices edge up</a></h3> <div class="entry-content"> <p>Housing construction posted a surprisingly large increase in February, bolstered by strength in all parts of the country except the West. The Commerce Department reported Tuesday that construction of new homes and apartments jumped 22.2 percent in Februar&hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2009-03-17T06:08:20-07:00"> 8 hours ago</abbr> in <a href="/web/20090317212644/http://technorati.com/publications/feeds.sfgate.com">feeds.sfgate</a> </div> </li> <li> <h3 class="entry-title"><a href="/web/20090317212644/http://technorati.com/articles/1xDO9RXzJVcthq2tU2NZ84BZIpFDAlNEbq%2BC6aZ0wL0%3D">Luxembourg seeks Madoff deal</a></h3> <div class="entry-content"> <p>LUXEMBOURG (Reuters) - Luxembourg said on Tuesday it would seek an out-of-court deal to end a protracted legal row about money UBS clients lost to Bernard Madoff that is damaging the country's reputation as a financial center.&hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2009-03-17T03:39:30-07:00"> 10 hours ago</abbr> in <a href="/web/20090317212644/http://technorati.com/publications/reuters.com%2F">Reuters</a> </div> <div class="discussion"> <h4>Attention [1]:</h4> <ul> <li class="first-child"><a href="/web/20090317212644/http://technorati.com/articles/1xDO9RXzJVcthq2tU2NZ84BZIpFDAlNEbq%2BC6aZ0wL0%3D?sub=fT%2BmXrlCSHQAmc9bvNQshAUKUlT1cdfKEWd2HkSE0Xg%3D">Dealbreaker</a></li> </ul> </div> </li> <li> <h3 class="entry-title"><a href="/web/20090317212644/http://technorati.com/articles/nDDwTyGGW6sl2lsBrm5B9bpJLDtVPaWC6JEPqwBXMmE%3D">Madoff Victims Get Relief From IRS</a></h3> <div class="entry-content"> <p>The Internal Revenue Service issued guidelines Tuesday that will allow tax relief and refunds for some Bernard Madoff victims who were levied for investment earnings that turned out to be nonexistent.&hellip;</p> </div> <div class="meta"> <abbr class="updated" title="2009-03-17T09:52:14-07:00"> 4 hours ago</abbr> in <a href="/web/20090317212644/http://technorati.com/publications/cbsnews.com">http://cbsnews.com</a> </div> </li> </ul> </div> </div> </div> <div id="latest" class="module"> <div 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