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Birmingham Mayor Larry Langford Faces Bribery Charges (Update2) - BloombergDec. 1 (Bloomberg) -- Birmingham, Alabama’s mayor was charged with bribery and money laundering in connection with municipal bond and derivative deals while he was president of the Jefferson County Commission, according to an indictment unsealed ...
County Commissioners React to Langford Indictment - ABC 33/40 NewsLarry Langford spent five years as a Jefferson County Commissioner before becoming Birmingham's mayor. He is now the fourth former commissioner indicted as part of the ongoing investigation into risky sewer bond deals that's led to the current sewer ...
Governor fights to settle debt - The Washington TimesBIRMINGHAM , Ala. | Gov. Bob Riley, a Republican, negotiated with creditors Friday over whether Alabama's largest county should seek a deal on its $3.2 billion sewer debt or file the largest bankruptcy in U.S. history. The meeting - held at the ...
Dealing with underwater mortgages - Denver PostDavid Craig knows how draining it can be to make payments on a home that is worth less than the mortgage debt on it. The Brighton-area resident and his wife have struggled the past two years to carry not one, but two, homes valued at less than what ...
Will my house in Lodi sell before my grandkids graduate from high ... - Lodi News-SentinelEvery day, I ask myself which will happen first. Will my grandchildren, now ages 11 and nine, graduate from high school, or will I sell my Lodi house? I'm leaning ever so slightly to unloading my house. But my position shifts daily, so check back ...
The Coming Recession - Reason.comAs this issue of reason goes to press, the dollar is at a record low against the euro, oil is more than $100 a barrel, consumer prices are up 4 percent from a year ago, and Federal Reserve Chairman Ben Bernanke is cutting interest rates so often that ...
Bank fees separate big banks from the local guys - Long Island Business NewsEarlier this month, the Wall Street Journal reported that large banks are raising fees in an attempt to generate revenue amid the economic crisis. For instance, Citibank recently began charging customers a $10 overdraft protection transfer fee to ...
The Note: Economy Confronts Obama...Again - ABC News BlogsYou don’t need a light-bulb moment for this one: Now that the national-security team is in place, it’s all about the economy again for President-elect Barack Obama. And, oh yeah -- he’s pretty much the president now, by the way. Partly it’s ...
Paulson shoots another arrow into the heart of the Economy - OpEdNews.comThe announcement today of a deal reached between the U.S. Treasury and the moribund insurance giant, A.I.G. provides a very lucid insight in to the nefarious and destructive world of the Troubled Asset Relief Program, otherwise known as T.A.R.P..Not ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. Barclays, which recently acquired most of the North American operations of Lehman Brothers Holdings, today announced the new leaders of its ...
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