Wall Street bailout

On the brink of the greatest Wall Street bailout ever, home prices continue to decline nationwide, according to the most recent S&P/Case-Shiller Home Price Index. Data released today reveals that 20-city home-price composite indices have reached record-level declines of 16.3 percent for the period of July 2007 to July 2008. In fact, every city was saddled with a year-to-year decline, with Minneapolis reporting a 13.1 percent price drop.