Mortgage and Financial News From 2008-12-28 Page 01
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Bush Revokes Pardon Granted Day Before - AOL
WASHINGTON (Dec. 25) - The pardons President George W. Bush granted this week couldn't have been better Christmas gifts if Santa himself had delivered them. But a Brooklyn, N.Y., man, Isaac Robert Toussie, received the legal equivalent of a lump of ...
2008-12-28 04:49:00 -
Police shooting, trials, recession, space travel and more captured Morris' attention (Daily Record)
The year had its share of local tragedies, such as the young man shot to death after trying to speed away and endangering the life of a Denville police officer trapped in his car.
2008-12-28 08:57:56 -
SF Man Admits Lying To Get Mortgage (KELO Sioux Falls)
SF Man admits lying to get mortgage
2008-12-28 09:16:08 -
Sioux Falls Man Lied To Get $148K Mortgage (AP) (KSFY Sioux Falls)
A 31-year-old Sioux Falls man has acknowledged using false information to apply for a $148,000 mortgage.
2008-12-28 01:24:02 -
Jim Randel: Great Reporting of a Sad Story (HuffingtonPost)
If any citizen of this country presents a false loan application to a bank and then gets approved and the bank loses money, that applicant may well be prosecuted for bank fraud.
2008-12-28 02:22:04 -
Thieves Stole Identities to Tap Home Equity (Washington Post)
Federal authorities this week announced a series of arrests and convictions in connection with a global identity theft ring that stole millions of dollars by hijacking home-equity lines of credit issued to thousands of consumers.
2008-12-28 03:35:40 -
GADFLY: "As You Reap..." -- The Meaning of the Madoff Case (The Memphis Flyer)
I've been paying close attention to the scandal involving Bernard Madoff and the $50 billion Ponzi scheme that's come crashing down around his (and many others') ears, not to mention the ears of an economy that could scarcely afford yet another shock wave, much less one of this magnitude.
2008-12-28 08:05:09 -
A V Rajwade: 'The unacceptable face of capitalism' (Business Standard India)
Much of the year gone by bore out the truth of Edward Heath's famed expression.
2008-12-28 09:51:55 -
CAIRN INDIA Reco price: (Business Standard India)
Cairn India’s new discovery of oil and gas in its Rajasthan block (RJ-ON-90/1) is a positive trigger for the stock. Although, the management has not disclosed details of the reserves, this discovery increases the likelihood of upward revision to Cairn’s reserve estimates.
2008-12-28 06:16:04 -
Index strategies (Business Standard India)
The risk-reward ratios for close-to-money spreads are imbalanced with bearspreads having better return ratios than bear spreads. The year ended with a low-volume settlement and traders abandoning positions as the market fell. The carryover was lower than normal amidst heavy FII selling.
2008-12-28 06:16:34 -
Time for more action (Business Standard India)
The weekly inflation numbers continue to confirm that the macro-economic situation has changed, and done so dramatically. This should give policy-makers the elbow room to ratchet up their responses to slowing growth without worrying about provoking an inflationary spiral.
2008-12-28 06:18:02 -
Scene stealer: The aXXo files (Independent)
At 8.40am on Monday 15 December, a new post appeared on an internet forum called the Darkside Release Group. "Darkside_RG" is a clearing house for internet pirates, a site dedicated to the online redistribution of movies, music and videogames. Its members happily spend their days sharing and discussing their ill-begotten booty on the site's many message boards.
2008-12-28 06:18:07 -
AD WORLD: (Business Standard India)
Among media events, the Indian Premier League stole the show in 2008. It was a year of crests and troughs for the advertising industry. At the start of the year, the outlook was very positive: GDP was expected to grow in excess of 9 per cent.
2008-12-28 06:18:23 -
Many expect prices to fall in 2009 (Channel 4)
Most people believe employment prospects are worse than a year ago, but many expect the price of goods to fall in 2009, according to a new study. A survey of 2,000 consumers by Lloyds TSB found that almost nine out of 10 rated job prospects worse than 12 months ago.
2008-12-28 06:19:31 -
High borrowing fees sock California taxpayers (Tahoe Daily Tribune)
SACRAMENTO (AP) - California's need to borrow billions to handle its basic government expenses in a soured credit market is costing taxpayers millions of dollars in heightened bank fees.
2008-12-28 06:21:10