Texas Bankruptcy Laws

Real Estate Developer Gets 57 Months In Scheme  A Maryland developer has been sentenced to four years and nine months in prison after being convicted of running a fraudulent real estate scheme.read more...


First Direct Suspends New Mortgage Lending, FT Says (Correct) (Bloomberg.com)  (Corrects CEO name from Pillington to Pilling in story first moved on April 1.) April 2 (Bloomberg) -- First Direct, a telephone and online bank owned by London-based HSBC Holdings


Wall on the Street: Reverse mortgages can provide financial support for retirees  The stock market setback has awakened the fear for many people that they might, in fact, outlive their money.via


Sheep  It all looked rosy at the start of the week for sheep farmers. Factories, hungry for lambs, lifted their quotes to meet additional demand from France.read more...


NYU whiz kid who scammed investors released on bond  A former college student who posed as a Turkish heir and persuaded sophisticated investors to pour millions into a nonexistent hedge fund was released on bond Friday.Commentread more...


Lowe's 3Q Profit Falls, Cuts Outlook  "Once business turns, we believe Lowe's will be an ideal stock to benefit from the recovery" Lowe's Cos. cited a weak sales environment amid a continuing slump in the

December 6th, 2006

Cautious Fed adopts wait-and-see policy

The Federal Reserve is keeping a watchful eye on volatile markets, as it seeks to understand why the dollar and interest rate futures reacted so dramatically to a spate of weak economic data.
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