APNewsBreak: BofA delays foreclosures in 23 statesWASHINGTON (AP) -- Bank of America is delaying foreclosures in 23 states as it examines whether it rushed the foreclosure process for thousands of homeowners without reading the documents.

The move adds the nation's largest bank to a growing list of mortgage companies whose employees signed documents in foreclosure cases without verifying the information in them. Bank of America isn't able to estimate how many homeowners' cases will be affected, Dan Frahm, a spokesman for the Charlotte, N.C.-based bank, said Friday.
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Several states are stepping up pressure to halt foreclosures. On Friday, Connecticut Attorney General Richard Blumenthal asked a state court to freeze all home foreclosures for 60 days. Doing so "should stop a foreclosure steamroller based on defective documents," he said. AP

Nobel Prize-winning economist Joseph Stiglitz called for another round of federal stimulus dollars to spur the economy. He spoke Sept. 30 to the Society of American Business Editors and Writers (SABEW) at its Fall Workshop.

"We will see in the next two years the real cost of there not being a second round of stimulus," he said. "We will see the economy slow down at a very high economic cost." business journal h/t FDL

Ever the political operative, Emanuel got a reminder of his own ways earlier Friday.

Before a smiling collection of senior staff members in the Roosevelt Room, economic adviser Austan Goolsbee gave Emanuel a dead fish wrapped in Chicago newspapers. An angry Emanuel had once famously done the same thing to a Democratic pollster with whom he was less than pleased. AP

NEW YORK (AP) -- CNN says that anchor Rick Sanchez has been fired, a day after he called Jon Stewart a bigot while on a radio show. link

Can't wait.