Hints and tips:
...Finally there was the still, compelling presence of Bill Callahan....
...Mac DeMarco is the opposite of Kinsella’s sincerity incarnate....
...Still outstanding is a final deal on the remainder of the bill of about $8bn....
...Republican senator Bob Corker, who this week introduced a bill aimed at attracting private risk capital to the mortgage market, signalled his opposition to Mr Watt’s appointment....
...John Podesta, a former chief of staff to Bill Clinton and occasional adviser to Mr Obama, will be appointed as a new counsellor to the president, officials familiar with the issue said....
...Jeb Hensarling, the Republican chairman of the House financial services committee, has proposed a bill that would essentially privatise the market, while a competing bipartisan bill in the Senate envisions...
...A substantial part of the bill is associated with activities of Bear and WaMu, companies that the US government was delighted to see rescued by JPMorgan in 2008....
...Republicans have claimed that the Obama administration prefers to use the housing groups to advance more relief for homeowners at the expense of taxpayers who will foot the bill....
...The White House has indicated to allies that it will seek to replace Edward DeMarco at the Federal Housing Finance Agency, which regulates Fannie Mae and Freddie Mac, the underwriters of most US mortgages...
...Opponents of debt forgiveness argue that, in addition to the immediate cost, mortgage forgiveness may encourage some households to deliberately default, which would be inequitable and add to the overall bill...
...The dispute revolves around the kind of loans financed by Fannie Mae, Freddie Mac and big US lenders – and who will foot the bill for writing down the mortgage principal owed by borrowers with negative equity...
...He added: “If the government backstop is underpriced, taxpayers eventually may foot the bill again.”...
...Richard Demarco, an Edinburgh arts impresario who played a gallery owner in the film, described it as “the desecration of a masterpiece”....
...The sheer weight of digital images has created an urgent need for specialist storage in this sector, says Bill DeMarco, KPG’s worldwide director for colour and solutions....
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