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Wednesday, April 13, 2011

Senate Panel on Crisis and Summary

by Calculated Risk on 4/13/2011 11:37:00 PM

A few stories ...
• From the LA Times: Senate panel concludes Goldman Sachs profited from financial crisis

Asked if he was disappointed that no Wall Street figures had gone to jail in connection with the crisis, [Sen. Carl Levin] responded, "There's still time."
• From the LA Times: Banks, regulators act to correct foreclosure flaws and here is the press release from the Federal Reserve: Federal Reserve issues enforcement actions related to deficient practices in residential mortgage loan servicing and foreclosure processing

• From the White House: President Obama’s Framework for $4 Trillion in Deficit Reduction

Retail Sales increased 0.4% in March

• BLS: Job Openings increase in February, Highest since 2008

• Beige Book: Fed sees economic improvement

• Lawler: Early Read on Existing Home Sales and Inventory for March