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Apr 6, 2010

Bubble markets: The secret to Texas' success

Negative equity, regardless of loan type, is a significant driver of defaults, particularly in the presence of high unemployment rates. Combine Texas' low unemployment rate with the absence of a bubble and you end up with a low default..

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India recovers data from crashed Air India flight recorders

BBC News - It could be several weeks before the federal government is able to release information gathered from the recorders.