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Retention wall to protect from floods (Reg Req'd)  Work started last week to ensure that water from Yellow Creek doesn't flow into the Poland Library branch like it did last summer.read more...


First Release of Sacramento High-Rise Condos Snapped Up  The first sales release of high-end, high-rise condominiums proposed for the Capitol Mall in downtown Sacramento proved popular with prospective buyers, as more than 250 were sold over the weekend.read


Deutsche Bank books record third-quarter profits  Deutsche Bank, Germany's biggest bank, said that bottom-line earnings surged 46 percent in the period from July to September, hitting the highest levels ever attained in a third quarter.read more...


A New 'Living' Roof Helps One Couple Stay Green and Cool  On leafy Charlotte Street in Kansas City, Mo., on top of a gray-sided, 1920s Dutch Colonial typical of the neighborhood, a new swath of greenery has sprouted. read more...


Jail time for mortgage scammer with long record (phillyburbs.com)  A disbarred former Bucks County attorney turned mortgage lender was sentenced to up to 3 years in jail for swindling people in Bucks, Montgomery and Delaware counties.read more...


Soaking up some info on water filter systems  Among the things I enjoy about having the opportunity to write this column are the questions I get from do-it-yourself readers and the informative letters from professionals across the country

November 23rd, 2006

China sells first pools of bad loans

China Cinda Asset Management plans to securitise 4.75 billion yuan in bad loans acquired from Bank of China, creating the first debt instruments formed from the country’s non-performing bank assets.
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