Treasury note gains on economic outlook
Wall Street bid up the value of the 10-year Treasury note Wednesday as traders embraced the idea that the U.S. economy is weakening.
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Neighbor feud results in $250K judgment "This just means that if you can lie real good and you have a good lying lawyer then you can beat the wheels of justice" A six-year legal battle
- Commercial paper' shut to some buyers "The asset-backed commercial paper market has virtually shut down" Countrywide Financial Corp.'s move to take $11.5 billion in long-term bank loans points to emerging but serious troubles in the
Wells Fargo Is Sanctioned For Role in Mortgage Woes A judge has penalized Wells Fargo & Co., saying it failed to monitor a mortgage-servicing company. It is an instance of blame falling on a portion of the mortgage industry
New bank to focus on business A group of local bankers, believing the Upstate is poised for further economic growth, plans to open a community bank with a focus on business loans.read more...
Subprime mortgage crisis spreads to high-end homes (Fortune via Yahoo! Finance) What could the collapse in the subprime mortgage market possibly have to do with whether Dr. Jeffrey and Madeline Stier get full price for their four-bedroom house in the
ViaQuest buys Metro I; CB to market biz campus A financially troubled office building in Dublin didn't go far to find a buyer. ViaQuest Inc.read more...