Mortgage and Financial News From 2008-10-5 Page 3
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Monday, October 6, 2008 (Deccan Herald)
The credit boom that drove Wall Street's explosive growth has dried up... Wall Street. Two simple words that — like Hollywood and Washington — conjure a world. A world of big egos. A world where people love to roll the dice with borrowed money. A world of tightwire trading, propelled by computers.
2008-10-05 01:02:21 -
In Baltimore, free advice from Your Money Bus (The Daily Record)
Passersby received free financial advice at the Inner Harbor from members of the “Your Money Bus” tour Friday, while state officials and financial experts decried the country’s financial crisis during a related news conference.
2008-10-05 03:20:43 -
The business of bankruptcy law (The Daily Record)
The meltdown in the real estate and financial markets is accomplishing what the passage of time has failed to do: giving bankruptcy lawyers more work than they can handle.
2008-10-05 04:05:41 -
Bruce Anderson: Part minister, part hostage, Mandy changes the game (Independent)
No one ever thought of Gordon Brown as a master of surprises, but this is one for the record book. It was as if, early in Book One of Paradise Lost, God had invited Lucifer to rejoin the Angelic cabinet. But apart from the shock, and the comedy, we should acknowledge that this is a good appointment. In a Cabinet full of mediocrities, some of them in great offices of state, Peter Mandelson will ...
2008-10-05 04:21:15 -
Local financial institutions: No reason to worry (Stillwater NewsPress)
Despite banking collapses making headlines nationally, those with local financial institutions insist they are in good shape.
2008-10-05 04:32:01 -
Top Scoops (Scoop.co.nz)
Contrary to her Joe Six Pack, hockey mom hokum, Sarah Palin proved in her debate with Joe Biden that she would fit in extremely well in Washington - albeit at an enormous price to the rest of the country.
2008-10-05 05:30:23 -
NBS minute signals reform in China's economic statistical system (China Daily)
BEIJING - China's National Bureau of Statistics (NBS) under new chief Ma Jiantang is likely to reform its statistical system to ensure the authenticity and timeliness of data and help the government to better cope with the uncertainties of outside economic influences, the minutes of an NBS meeting show.
2008-10-05 05:58:07 -
Brooklyn executive guilty in $44M mortgage fraud - Newsday
NEW YORK - A former owner of a defunct mortgage firm has pleaded guilty in New York City to a charge he and a colleague stole $44 million from the Fannie Mae mortgage finance company. Leib Pitner entered the plea Thursday in federal court in Brooklyn ...
2008-09-11 04:49:00 -
3 indicted in mortgage fraud - Detroit Free Press
A former Detroit cop and a City of Detroit property appraiser have been indicted in a $2.1-million mortgage fraud case, the U.S. Attorney's Office said Friday. It said former police officer Pierre Greene, 27, city appraiser Jacque Miller, 37, and ...
2008-09-05 05:53:00 -
Former Club Owner Sentenced in Scam: Man to Pay Millions for Mortgage ... - Washington Post
The former owner of a group of Washington area nightclubs and restaurants was sentenced yesterday to nearly six years in prison for orchestrating a mortgage fraud scheme that investigators said was one of the largest ever prosecuted in Northern ...
2008-09-05 05:53:00 -
Florida sues over $37-million mortgage fraud - St. Petersburg Times
Lori Polin, 49, is not named as a defendant because real estate agents are exempt from the Florida Deceptive and Unfair Trade Practices Act. Last year, Re/Max International honored Lori Polin of Tampa as one of an elite group of real estate agents ...
2008-09-17 05:53:00 -
Grant to help Md. county fight mortgage fraud - Forbes
Prince George's County has received a grant from Maryland to help homeowners fight an increasing number of mortgage fraud cases. The county has the state's highest percentage of homes in foreclosure. County State's Attorney Glenn Ivey says Prince ...
2008-09-10 01:30:00 -
Revive guaranty fund for fraud victims - Miami Herald
T he state with the highest percentage of mortgage fraud in the country is one of only three states that doesn't offer protections to borrowers cheated in home-loan scams. Welcome to Florida. There is an unwelcome symmetry here, in that the state ...
2008-09-23 05:53:00 -
The Credit Default Swap Market (Mondaq)
A credit default swap is a contract between two parties, whereby the credit protection buyer makes periodic payments to the credit protection seller in exchange for the right to a payoff if there is a default or other defined "credit event" on the part of a "reference entity".
2008-10-05 07:16:48 -
Opinion: Corporate Watch -- By Amelia H.C. Ylagan: "What being a taxpayer means" (BusinessWorld Online)
Of course, being a taxpayer means paying our taxes honestly and on time. That is what is expected of us. But why is it that the exacting expectations on the side of the Bureau of Internal Revenue for us to pay our taxes inordinately outweigh our own lackadaisical expectations for government to use our taxes well and give us our due in terms of a better quality of life?
2008-10-05 08:15:22