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Sky High  The stunning Marriotts Ridge High school inner atrium, a skylit meeting space in a building that is widely considered state of the art.read more...


'Free and Clear' Ownership: An Overvalued Concept   Q: Our condominium is worth about $350,000, and we owe only $25,000 on our mortgage. We are from the old school and want to own this property free and clear.


Bear Stearns Lays Off 650 In Mortgage Crisis Move (The Tampa Tribune)  Battered by the subprime mortgage crisis, Bear Stearns Cos. on Wednesday cut 4 percent of its staff in a move that could prelude a final push by investment banks to


Tip Du Jour: Understand your score  Consumers can become familiar with their credit report by using BBBTips on Understanding Your Credit Report, available online at www.bbb.org/ tips/clearpoint. A credit report is a record of your financial


Riding the wave: Experts cast hopeful but wary eye on the economy in Garden State (Reg Req'd)  Waves of economic change are rolling toward New Jersey, where business rides the surf with a mixture of buoyancy and caution.read more...


Real Estate  Help-U-Sell Real Estate Our local full service real estate experts could save you thousands on your next real estate transaction.read more...

September 24th, 2007

Credit crunch unlikely to let up soon, IMF warns

“The global financial system has undergone an important test and the test is not over yet. Implications of this period of turbulence will be significant and far-reaching”

Turmoil in global credit and money markets will likely continue as investors worry about the size of financial losses and where they might appear, the International Monetary Fund warned on Monday. via Reuters



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