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Pictures of Pent Up Housing Demand  "I'm fed up with the stock market, I had so many promises of high returns and my broker and the accountants were deceiving us. But homes have always gone up


Update 1: Ameren to Increase Pollution Control  Associated Press Update 1: Ameren to Increase Pollution Control 05.12.2005, 04:34 PM Utility Ameren Corp.via


Employers decry cost of homes in SW Fla.  By Joel Moroney, jmoroney@news-press.com & Mark S. Krzos, mkrzos@news-press.com Affordable housing in Southwest Florida is quickly becoming a misnomer, according to an October survey of employers.read more...


Architect is back at Holyrood on 48,000 for two-day week  A KEY player in the 431m Holyrood project who retired earlier this year is back working at the parliament as a consultant and earning 48,000 a year.read more...


Get stuffed! We want animal magnetism  "Now I've moved to Gloucestershire I have no need of such things. I've got real nature gambolling in two acres" FORGET minimalism - the new trend for our homes


'Carrying paper' is risky  Question: I am planning to offer my home "For Sale by Owner" this spring. I will offer to finance the home on a deed of trust with a balloon payment.read

January 14th, 2008

Northern Rock Faces Shareholders

“If the bank is nationalized, we will end up with nothing.”

The board of embattled Northern Rock PLC faced shareholders Tuesday amid growing speculation that Britain’s biggest casualty of the global credit crisis will be nationalized.

Hundreds of investors attended a meeting to vote on proposals by two key shareholders that would restrict the power of the board to reach a private sale proposals that analysts say could simply speed up the move toward nationalization.

That fear was reflected in a share sell-off in trading ahead of the meeting, pushing Northern Rock’s already battered stock 11 percent lower. More Technorati Tags via Yahoo:
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