Mortgage and Financial News From 2008-9-16 Page 15
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Investors dump best of Canada (Toronto Star)
James Daw During another day of wealth destruction around the world, individual investors were dumping even the best of the Canadian bank stocks yesterday.
2008-09-16 01:57:06 -
Anderson criticized for business practices (Penn State Collegian)
If all goes as planned, Kevin Anderson will no longer be the owner of the Sports Café and Grille by this time next year. For the first time in its lifetime, the bar will come under new leadership.
2008-09-16 02:12:23 -
Stocks fall lower than 8 years ago (The Toledo Blade)
The day before George W. Bush’s inauguration as the United States’ 43rd president, the Dow Jones index of 30 industrial stocks stood at 10,588 points. Yesterday, it closed just a few hundred points higher than that, at 10,917.50, after a sharp one-day drop precipitated by a financial industry panic. The Standard & Poor’s 500, a broader measure of stock-market performance, is even worse off: ...
2008-09-16 02:14:44 -
Financial Adviser: Don't Panic (WCVB Boston)
Everyone is talking about the stock market. What should I do?
2008-09-16 02:41:04 -
Candidates seek blame in financial 'crisis' - USA Today
Cindy and John McCain attend the NASCAR Sprint Cup Series driver introduction Sept. 14 prior to the Sylvania 300 at New Hampshire Motor Speedway. CREATE A SCENARIO FOR 2008 USA TODAY's interactive electoral vote tracker lets you build election ...
2008-09-15 04:37:00 -
Cape man previously charged with fraud in N.Y.; Sentenced to 30 months ... - Daily Breeze
A decade ago in New York, where Wall Street held the promise of riches, Ronald Luczak started selling securities. He ended up as one of 13 defendants in a stock trading scam, pleading guilty to a federal fraud charge and receiving a 30-month prison ...
2008-09-14 06:11:00 -
New Las Vegas foreclosure website site allows consumers to buy direct - WebWire
Las Vegas NV, Vegasforeclosuresdirect.com is now the premier Las Vegas and Henderson Nevada real estate website to find bank foreclosures in Las Vegas and Henderson. You can buy Las Vegas foreclosures direct from this website. You can also make ...
2008-09-15 09:23:00 -
Man Arrested In Mortgage Fraud Case - WPBF News 25
WEST PALM BEACH, Fla. -- The Palm Beach County Mortgage Fraud Task Force arrested 55-year-old Orlando Gonzalez on suspicion of using a string of "straw buyers" to squeeze equity from an idyllic Wellington home. A "straw buyer" is a term for someone ...
2008-09-14 05:57:00 -
Former Somerville real estate lawyer indicted for mortgage fraud - Abington Mariner
A former Somerville real estate attorney allegedly stole more than $2 million in a mortgage fraud scheme. Prosecutors said Kevin Carey, 48, of Middleboro allegedly made false statements on mortgage applications and pocketed the funds from multiple ...
2008-09-15 07:40:00 -
12 indicted in Atlanta mortgage fraud scheme - Atlanta Journal Constitution
Local authorities said Monday they charged 12 men with an elaborate mortgage fraud scheme in Atlanta’s West End neighborhood and seized more than $200,000 of assets. In indictments filed last week, Fulton County District Attorney Paul Howard Jr ...
2008-09-14 05:57:00 -
Candidates seek blame in financial 'crisis' (USA Today)
Presidential candidates Barack Obama and John McCain called Monday for tougher oversight of Wall Street while arguing over the causes of what both called a financial "crisis."
2008-09-15 09:25:03 -
Business briefs: Standard & Poor's drops WaMu rating to junk (Fort Worth Star-Telegram)
Washington Mutual Inc., the biggest U.S. savings and loan, had its credit rating cut to junk by Standard & Poor’s because of the deteriorating housing market.
2008-09-15 10:15:48 -
Is the fairy tale about to end? (Zawya)
16 September 2008 Dubai's long tryst with "real estate" may be about to end. A neighboring country will most likely benefit.... We have heard analysts, bankers, and spin doctors talk about it ad nauseum. Experts have put a new angle to the story about the "fall of Dubai real estate" each year.
2008-09-15 10:58:58 -
Business leaders see Lehman downfall as warning to investors (Chicago Sun-Times)
Once more, the "smartest guys in the room" weren't. Lehman Brothers Holdings Inc., the value of its assets turning to dust, was forced to file bankruptcy Monday.
2008-09-15 11:58:05 -
Corporate Law Firms See Dark Days Ahead (Law.com via Yahoo! Finance)
The nation's top law firms are facing an uncertain new landscape following the demise of two of Wall Street's biggest and most established investment banks -- Lehman Brothers and Merrill Lynch.
2008-09-16 12:03:05