Types Of Bankruptcy

Many Believe Country Is 'On the Wrong Track,' Poll Says   Four out of five Americans believe things are "on the wrong track" in the United States, the gloomiest outlook in about 20 years, according to a New York Times/CBS


Real-Estate Investors Are Heading Overseas  Americans are seeking ways to sidestep the weakening U.S. housing market by adding foreign properties and funds to their portfolios. read more...


Selling a home in short order  More owners are making deals to sell their homes for less than what they owe. The number of troubled homeowners able to sell their houses for less than their debt


Elbert: Only long-term determines the good, bad buys  Meredith Corp. and MidAmerican Energy Holdings Co. - are making major acquisitions.via


Mortgage lenders move to cut costs (AP via Yahoo! News)   Accredited Home Lenders Holding Co. will slash its work force by more than half and stop accepting new mortgage applications in the U.S. as it struggles to survive in


U.S. consumer confidence off a tad  The surge in optimism U.S. consumers felt in September from falling gasoline prices has started to cool, an industry group said Friday.Commentread more...

September 18th, 2007

Stocks Soar After Half-Point Rate Cut

“But we also know that when people stop and look at this, people might say, ‘Could this house of cards be shaky, more than even we thought it was?’”

A jubilant Wall Street barreled higher Wednesday after the Federal Reserve cut its benchmark interest rate by a larger-than-expected half a percentage point. via Casper Star-Tribune



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