Libor Spike Is Rekindling Fears Of Another Financial Crisis: A recent spike in the rate banks charge each other for short-term borrowing is reviving investor fears that the market is returning to the abyss of the credit crisis. Falling home prices stir fears of new bottom: "It looks a little like a double-dip already," economist Robert Shiller said in an interview. "There is a very real possibility of some more decline." Food stamp fraud fight heats up in Michigan: Critics fear some of the reforms, like drug testing food stamp recipients and putting their photo IDs on the state-issued Bridge Cards used to receive those benefits, would run counter to federal regulations, stigmatize welfare recipients and cost the state more than what would be recovered.
Thursday, 27 May 2010
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