Kmart stores make room for Sears’ stuff
SILVER SPRING, Md. , Little more than two months after Sears and Kmart became one company, testing is underway on ways to combine the strengths of the two struggling chains to revitalize both.
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Freddie, Fannie Ills Leave Experts at Loss The U.S. Treasury will likely be forced to inject funds into Fannie Mae and Freddie Mac, some top economists think, but they're not sure whether it will be enough to
In Credit Crisis, Large Mortgages Grow Costly "When there is fear, people have a tendency to overreact." The New York Times reports: When an investment banker set out to buy a $1.5 million home on Long
Vista del Lago Has New Dundee Phase Planned via
Bad mortgage debt not widespread problem, Fed official says (USA Today) Federal Reserve Board Governor Susan Bies Tuesday said the bulk of the mortgage market was not troubled by bad debt problems, which were concentrated in the subprime, tarnished-credit sector.read more...
TPG may buy stake in U.K. mortgage lender (Dallas Morning News) Fort Worth-based TPG Inc., the leveraged buyout firm started by David Bonderman and Jim Coulter, is in talks to buy a 20 percent stake in Bradford & Bingley PLC, the
Former students want to save Tuxedo School TUXEDO ++ As Nyoka Harris walked through the halls of the old Tuxedo School last week, she remembered when she was a school girl during the '50's. "This was my