Enron prosecutor says case parallels crisis in subprime mortgage industry (The Toledo Blade) A former U.S. attorney who prosecuted top Enron executives Kenneth Lay and Jeffrey Skilling said he sees several "eerie parallels" between the Enron case and the subprime mortgage crisis.
Hempstead project in trouble A $10-million Hempstead Village redevelopment project taken over by a bi-county black organization in 2001 is in financial jeopardy, according to Nassau County officials who want the project under new
Price of flood-damaged homes sinking in Orleans real estate market (Reg Req'd) Owners of flood-damaged homes have begun to realize that selling their property was not as easy as first anticipated.read more...
Former FBI informant pleads guilty to fraud An Afghan emigre who acted as an FBI informant while he was the Taliban's second-highest ranking diplomat in the United States pleaded guilty Friday to federal fraud charges.via
After Katrina: Shelter from the Storm HousingZone Keep your eye on how this plays out. Another hurricane season like the last two and we may see half the country living in houses like those profiled below.read
Lake Play Gets Fountain, New Decorations read more...
Several lenders are being investigated by the Justice Department over suspicions they charged African-American and Hispanic consumers higher loan rates than comparable white borrowers.
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