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AIG's lawsuit against BofA illustrates more Countrywide woes
Money & CompanyBank of America was hit with more troubles Monday when AIG filed a lawsuit against the company alleging that "massive fraud perpetrated by defendants Bank of America, Merrill Lynch, and Countrywide ... has resulted in more than $10 billion in damages to... -
For housing market, economic worries trump downgrades
Money & CompanyConcern over the future of the U.S. economy remains the biggest threat to the nation’s housing market, experts said, and not rating agency downgrades of the U.S. or mortgage finance titans Fannie Mae and Freddie Mac.... -
Wall Street Roundup: Analyzing Ben Bernanke; keeping the exchange open
Money & CompanyGold: Trading now at $1,789 an ounce, up 1.5% from Thursday. Dow Jones industrial average: Trading now at 11,178.81, up 0.3% from Thursday. Analyzing Ben. Fed chief Ben Bernanke finally gave his highly anticipated speech and in good oracle-like fashion,..... -
Century City aircraft leasing firm files for public offering
Money & CompanyCentury City-based aircraft leasing company International Lease Finance Corp. unveiled plans for an initial public offering, a move that would take the firm out from under the wing of it parent company American International Group Inc.... -
Obama administration adopts get-tough stance on mortgage bias
A new Obama administration get-tough policy on home mortgage discrimination is drawing kudos from consumer advocates, along with expressions of serious concern from lawyers who represent lenders and brokers.
In a settlement last month with two...Tags: Lawyers, Justice and Rights, The Washington Post, Corruption, Crime, Law and Justice
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Taken for Granted: This parting is not so sweet
Well that's the last straw! I've had it with the recession.
My 401(k) took a bath, the equity in my home tanked, friends and family members lost jobs, and now the ultimate hardship — my friend and chef de cuisine of fine doughnuts Jacque (Jack...Tags: Lifestyle and Leisure, NASCAR, Politics, Physical Conditions, Family
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Blacklisting Orlando is a bad move
The so-called AIG effect has a new meaning: Against Idiotic Government. At least that's the feeling in tourism circles. The pall cast over business travel — especially over trips among financial services employees — as a result of...Tags: Orlando Hotels, Hotels and Accommodations, Trips and Vacations, Bill Nelson, Tourism and Leisure
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Hey, gas stations near OIA: Post prices!
A small group of gas stations near Orlando International Airport are whining that it's too expensive to put up signs that would make their prices visible from the road. These are the same stations that routinely charge customers more than $2 a gallon...Tags: Gulf of Mexico Oil Spill (2010), Memorial Day, Windermere, Harry Potter (fictional character), Universal Studios Orlando
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PSC member pushes utilities to reveal salaries
If anyone knows how to get a message across loud and clear, it's Nancy Argenziano. She once famously sent a gift-wrapped package of cow manure to a lobbyist she was at odds with as a state legislator. Now, she is a member of the state Public Service...Tags: Freddie Mac, Morgan Stanley Dean Witter & Company, FPL Group, Nuclear Power, Economy, Business and Finance
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City gets $200K in storm-damage settlement
CITY HALL — Glendale will receive $200,000 to help recover about half the cost of repairing a hillside that was severely damaged during the 2005 winter storms.
The settlement approved by the City Council this week resolves a cross complaint...Tags: Disasters and Accidents, Crime, Law and Justice, Trials, Disasters, Science and Technology
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Circuit Court for Jan. 21
The following case was resolved in Clark Circuit Court Jan. 18 with Judge William Clouse presiding.
— Tommy D. Gross Jr., third-degree burglary, pleaded guilty, recommended one year, sentencing Feb. 17.
The following cases were resolved in...Tags: Bank of New York Company, Finance, Crime, Law and Justice, Judges, Misdemeanors
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Government not the biggest villian
In December, The Advocate-Messenger published a column by Leland Conway opposing tax relief for the Noah’s Ark theme park in Grant County. Then he added, “ ... the government will eventually get enough of our money,” and “a...Tags: David Brooks
Aug 8, 2011
| Los Angeles Times
Aug 8, 2011
| Los Angeles Times
Aug 26, 2011
| Los Angeles Times
Sep 2, 2011
| Los Angeles Times
Apr 11, 2010
|Story| Los Angeles Times
Dec 8, 2010
|Story| Glendale News Press
Jul 27, 2009
|Column| Orlando Sentinel
May 27, 2010
|Column| Orlando Sentinel
Aug 17, 2009
|Column| Orlando Sentinel
Feb 3, 2011
|Story| Glendale News Press
Jan 21, 2011
|Story| Winchester Sun
Jan 26, 2011
|Story| AM News
Original site for American International Group topic gallery.