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German bank sees $954M loss on subprime crisis "Considering the risk shield and the measures that IKB is taking, we believe the existing risk is appropriately addressed" German lender IKB Industriebank AG, hit by its exposure to
Steve Smith: Living the Dream "But I learned something about being on a construction site" ABSTRACT With plenty of scrap lumber at their disposal, Smith and his brothers spent their time building their own
Consumers Face Challenges in Handling Debt Rising interest rates and higher gasoline prices are putting the squeeze on consumers' budgets, and many are finding it harder to keep up with their bills.read more...
Contractor blamed for San Carlos gas leak A contractor ruptured a half-inch gas line Monday morning in San Carlos, according to Pacific Gas and Electric Co.via
Barclays Writes Down $2.7 Billion on Mortgage Losses (Update5) (Bloomberg.com) Nov. 15 (Bloomberg) -- Barclays Plc, the U.K.'s third- biggest bank, wrote down about 1.3 billion pounds ($2.7 billion) of credit-related securities tied to the U.S. subprime-mortgage market collapse.read more...