The office of Andrew Cuomo, attorney general for the state of New York, has been the source of a number of major consumer and civil investigations in recent years, including:
%26bull; 2002 - 2003: An investigation of Wall Street investment firms resulted in a $1.4 billion settlement by 10 firms accused of conflict of interest in […]
Circuit City to cut home-installation jobs
Struggling electronics retailer Circuit City Stores Inc. said Monday it is shrinking its home installation business in response to the nationwide slowdown in home construction. Over four months, Circuit City will cut 67 jobs of workers who prewire new single-family homes, spokesman Jim Babb said.
Delta again drops $10 fuel […]
NEW ORLEANS
- Imagine that your home was reduced to mold and wood framing by Hurricane Katrina. Desperate for money to rebuild, you engage in a frustrating bureaucratic process, and after months of living in a government-provided trailer tainted with formaldehyde you finally win a federal grant.Then a […]
Among the 183 people who were on the Interstate 35W bridge when it collapsed, Linda Paul is a victim with a difference.
At a hearing Wednesday at the State Capitol, Paul described her injuries and her decision just last week to seek counseling to deal with the aftermath — but then said she favored legislation that […]
NEW YORK, Feb 29 (Reuters) - Defaults on privately insured
U.S. mortgages rose 31.3 percent in January to the highest
level on record, as more homeowners failed to keep up with
their loan payments.
The Mortgage Insurance Cos of America said on Friday 68,950
insured borrowers were at least 60 days late on payments in
January, up from 52,528 […]
Jefferson County, Alabamas $3.2
billion of sewer bonds were cut to junk status after the county
said it may be unable to pay banks holding its floating-rate
debt or make collateral payments on its interest-rate swaps.
The downgrade by Standard Poors may force the county,
which […]
The office of Andrew Cuomo, attorney general for the state of New York, has been the source of a number of major consumer and civil investigations in recent years, including:
%26bull; 2002 - 2003: An investigation of Wall Street investment firms resulted in a $1.4 billion settlement by 10 firms accused of conflict of interest in […]
The latest upheaval in the U.S. bond market threatens two major Minnesota hospital chains with serious financial pain.
But the turmoil is saving some Twin Cities-area taxpayers millions of dollars.
Park Nicollet Health Care Services this week alone will pay an extra $86,000 in interest on its outstanding debt. In a few days, the tab will soar […]
WASHINGTON
- Using words like “sluggish” and “deteriorated,” Federal Reserve Chairman Ben Bernanke gave a starkly pessimistic assessment of the nation’s economy on Thursday and signaled that the Fed will cut interest rate cuts further if needed to combat the adverse effects of a prolonged housing slump and […]
The office of Andrew Cuomo, attorney general for the state of New York, has been the source of a number of major consumer and civil investigations in recent years, including:
%26bull; 2002 - 2003: An investigation of Wall Street investment firms resulted in a $1.4 billion settlement by 10 firms accused of conflict of interest in […]