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Bondholders To BofA: 'These Mortgages Must Be Yours' - Forbes
The real and the ideal collided head-on Monday as bondholders sued Bank of America, saying they wanted no part of a subprime bailout. The suit, filed in New York State Supreme Court -- which is the state's main trial court -- illustrates the ...

Tudor’s BVI Halts Withdrawals, Plans Hedge-Fund Split (Update3) - Bloomberg
Dec. 1 (Bloomberg) -- Tudor Investment Corp., the firm run by Paul Tudor Jones , temporarily suspended client redemptions from the $10 billion BVI Global Fund Ltd. as it plans to split the hedge fund into two. Tudor is proposing to put hard-to-sell ...

GM, Ford, Chrysler CEO Jobs May Hinge on Bailout Plan (Update3) - Bloomberg
Dec. 1 (Bloomberg) -- General Motors Corp. Chief Executive Officer Rick Wagoner and his counterparts at Ford Motor Co. and Chrysler LLC will put their jobs on the line this week when they try to convince Congress they can save their companies. U.S ...

New businesses - Providence Journal
BANAI ENTERPRISES LLC: A: Tawab Banai, 287 Armistice Blvd., Pawtucket 02861. Subway restaurant. October 24 Sayer, Regan, Thayer & Flanagan, LLP: P: Richard N. Sayer, 617 Paradise Ave., Middletown 02842. Law practice. Mastech, Inc.: P: Steven J ...

'It's a Wonderful Life' Explains the Financial Crisis - Huffingtonpost.com
Frank Capra's perennial Christmas movie "It's a Wonderful Life" is remembered mainly for celebrating civic and familial virtues. George Bailey sacrifices his dreams for those of others, but in the end receives the greatest rewards of all. But George ...

How To Cope With The Flood Of Foreclosures? - Forbes
Despite soaring foreclosure rates, President Bush and other Republicans have not made this a top priority, and Treasury Secretary Henry Paulson has refused to draw on the $700 billion rescue fund to help homeowners, saying that saving financial ...

Unorthodox economic policies - Economist.com
THE Federal Reserve’s interest-rate target is at 1%. The recession is deepening. And the question is being asked repeatedly: when will America’s economic policymakers start using truly unconventional measures to stimulate the economy? The answer ...

Wall Street - New York Observer
“People aren’t going to stop living, and dining out is one of the most therapeutic things people can do,” said Tracy Nieporent, marketing director and partner in the Myriad Restaurant Group, which owns Tribeca Grill, Nobu and other pricey ...

A college football playoff system will cause big problems - ESPN.com
The NCAA continues to insist that two perfectly good names, Division I-A and Division I-AA, be changed to the Football Bowl Subdivision and the Football Championship Subdivision. TMQ proposes changing them to the Football at Variance with President ...

Yen Trades Near 2-Week Low Versus Dollar on Stock Market Rally - Bloomberg
Nov. 5 (Bloomberg) -- The yen traded near a two-week low against the dollar as a rally in global stocks encouraged investors to buy higher-yielding assets funded by low-cost loans in Japan's currency. The yen was also near the lowest in a week versus ...