Types Of Bankruptcy

Cost of construction materials drops slightly  The cost of construction materials fell slightly in November, but don't expect that to continue, Ken Simonson, chief economist for the Associated General Contractors of America, said today.Commentread more...


Cool July For Vegas Housing  Las Vegas' housing market picked the hottest month of the year to show its clearest signs of cooling.read more...


ADV: Owe Back Taxes? Free Consultation  Our expert team of ex-IRS agents, tax attorneys and accountants negotiate with the IRS to reduce your back taxes. Get help now!via


Its Name Lacks a 'Park,' but Not Its Vibe   Takoma has had an activist spirit from the start. An early example: Georgia Avenue was a toll road in the neighborhood's early days, and residents built out Piney Branch Road


Housing Report  Mortgage rates hit a 15 month high today and some wonder if that could slow a booming Wichita Falls housing market.read more...


It's tax time again  By COLLEEN CREAMER ccreamer@dnj.com -Colleen Creamer 278-5131 Just as taxing as the holidays and just as inevitable, tax season is here - again.Commentread more...

December 9th, 2007

Stocks Head to Higher Open Despite UBS

Wall Street headed for a slightly higher open Monday despite further evidence that the subprime mortgage crisis continues to spread.

Swiss bank UBS said it will write down some $10 billion of subprime mortgage holdings, and also announced plans for an $11.5 billion capital injection from the government of Singapore and an unidentified Middle Eastern investor. Shares of the bank rallied in Europe on relief this might be the worst of UBS’ exposure, and that the bank was able to secure more capital. Read more



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