PRESS DIGEST - Washington Post Business - Dec 27
WASHINGTON, Dec 27 (Reuters) - The Washington Post included the following items on the front page of its business section on Dec. 27. Reuters has not verified these stories and does not vouch for their accuracy.
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As credit woes sparked by the troubled housing market threaten the broader economy, investigators are trying to determine whether Wall Street investment banks bundled risky loans with good ones without properly disclosing such risk to investors.
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Prices of existing homes dove in key metropolitan areas in October, most notably in Las Vegas, San Diego and Miami, where price increases outpaced those in other parts of the nation during the recent housing boom, according to a report on Wednesday.
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After hunting for last-minute Christmas presents over the weekend, consumers returned to their favorite retailers Wednesday, re-energized and ready to spend.
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