published Aug 24th 2016, 2:33 pm, by Barry Ritholtz (Bloomberg View) —There has been a steady drumbeat of negativity about housing ever since the residential real-estate market crashed. While there are some signs of recovery, psychological damage persists. It has been a few years since we last looked at this
©2015 Bloomberg News NS09B9SYF01V (Bloomberg) — A plan to ease Chicago’s $20 billion public- worker pension deficit is illegal, an Illinois judge ruled, leaving the city vulnerable to another credit downgrade. Immediately after the ruling, Standard & Poor’s said it would probably lower the city’s rating again if a solution