Government officials claim the refi plan has been extremely successful, far moreso, they admit, than the modification program. But clearly it wasn't doing enough, or they wouldn't have widened the parameters of elligibility. Read More
"It's still scary out there." That's what billionaire Jeff Greene told me as we sat inside one of his Southern California mansions. Greene has made a killing going against conventional wisdom. Read More
As I covered President Obama's town hall in Orange County, I noticed he spent quite a bit of time trying to explain how we got into this credit mess. Read More
The Chinese economy will stage a "quick rebound" of economic growth, but the US has a tougher job, facing the loss of $1 trillion in consumption, Zhu Min, executive vice president of Bank of China, told CNBC.com. Read More