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Saturday, April 4, 2009

Property tax bills to fuel appeals across Metro Detroit

by taxnick on April 4, 2009

Communities across Metro Detroit are bracing for a flood of property tax appeals from homeowners, and some residents haven’t even received this year’s assessments.
A minor printing error has delayed the mailing of assessment notices in Dearborn. All 34,794 assessment notices were sent out Monday, forcing the city to miss a state mandated mailing deadline — [...]

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Fed ‘extremely uncomfortable’ about bailouts

by taxnick on April 4, 2009

Ben Bernanke says the Federal Reserve was “extremely uncomfortable” about last year’s bailouts of big financial companies, but the Fed chief believes the central bank’s strategy to ease the financial crisis is working.
Bernanke referred to the Fed’s unprecedented decisions last year to step in and financially back JPMorgan Chase’s takeover of then-troubled investment house Bear [...]

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