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The need for haircuts for private debt to make an effort to solve the problem of the fifth of US homeowners under water.
09/30/2010
Carmen Reinhart points out that the government can only assume private debt at a realistic price. Without principal reductions there appears to be no solution to the problem of the fifth of homeowners in the US who are under water. This keeps acting as a drag on the economy.
Grouped Articles
BusinessWeek 09/30/2010
State Attorneys General Take Helm in Mortgage Mess
New York Times 10/29/2010
To Fix the Housing Crisis, Read the Data
New York Times 11/04/2011
Deepening Crisis Over Euro Pits Leader Against Leader
Wall Street Journal 12/30/2011
Forgiveness of Debt Could Yield Savings
Wall Street Journal 07/30/2012
Large legal settlements in the pharmaceutical industry.
10/25/2006
The settlements also involve drug pricing and marketing.
Grouped Articles
Drug Firms Curb Ties to Doctors
Wall Street Journal 12/18/13
In Guilty Plea, OxyContin Maker to Pay $600 Million
New York Times 05/10/07
Glaxo Sues Abbott Labs Over AIDS Drug Pricing
Wall Street Journal 11/09/07
Drug Companies Face Political, Scientific Attacks
Wall Street Journal 01/23/08
Drug Industry to Announce Revised Code on Marketing
New York Times 07/10/08
Drug Approval Is Not a Shield From Lawsuits, Justices Rule
New York Times 03/05/09
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