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Trusting woman buys home, now faces foreclosure - Des Moines RegisterAfter living in homes owned by others for 50 years, Marlely Davis finally realized the American dream. She lived in her parents' home into her late 20s in Indonesia, tending to them while sewing curtains for money. She lived in rental homes in the ...
The System Implodes: The 10 Worst Corporations of 2008 - Common Dreams2008 marks the 20th anniversary of Multinational Monitor's annual list of the 10 Worst Corporations of the year. In the 20 years that we've published our annual list, we've covered corporate villains, scoundrels, criminals and miscreants. We've ...
College choices get harder with downturn - Austin American-StatesmanFor years, Mike and Kelly D'Addeo planned to use their trove of Intel Corp. stock options to send their son Tony to a top college. Tony would be a good candidate for any school: He's a straight-A senior at Bowie High School and captain of the ...
Downturn drags more consumers into bankruptcy - Spartanburg Herald-JournalThe economy’s deep troubles are pushing a growing number of already struggling consumers into bankruptcy, often with far more debt than those who filed in previous downturns. Tony and Carrie Forsyth filed for bankruptcy to keep their house in ...
GMAC applies to become a bank holding company - San Francisco GateGMAC said the change in status would shore up its capital position and help it continue to provide automotive and mortgage financing. GMAC is majority owned by the private equity firm Cerberus Capital Management LP, which also owns most of Chrysler ...
Millions need help to find – or keep – a roof over their heads - Times OnlineWith house prices crashing, repossessions rising, unemployment soaring and construction at a standstill, keeping a roof over our heads is set to get much tougher. Two years ago the housing market was booming, banks lent borrowers five times their ...
Obama promises anti-default deal - Politico.comPresident-elect Barack Obama tells “60 Minutes” that one of his top priorities will be a program to help homeowners renegotiate mortgages to avoid default. Obama made the remarks in his first post-election interview, a sit-down with Steve Kroft ...
Bankruptcy filings up - over 100,000 in October - San Francisco GateTara Siegel Bernard,Jenny Anderson, New York Times Plummeting home values, dwindling incomes and the near disappearance of credit have proved a potent mixture. While all the usual reasons that distressed borrowers seek bankruptcy - job loss, medical ...
More Americans slipping into bankruptcy - International Herald TribuneThe deep troubles of the U.S. economy are pushing a growing number of already struggling Americans into bankruptcy, often with far more debt than those who filed in previous downturns. Plummeting home values, dwindling incomes and the near ...
Tim Blixseth Absent from Yellowstone Club Debacle - For Now - Newwest.netTim and Edra in better days. It’s an odd twist of fate that the Blixseth who was sitting in the witness chair in a Missoula federal courthouse Wednesday was named Edra. Sure, Edra Blixseth is nominally the owner of the Yellowstone Club, the uber ...
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