Mortgage firm needs to raise $1bn (BBC News)
Thornburg Mortgage says it is trying to raise $1bn (£500m) to keep its lenders at bay and avoid filing for bankruptcy.
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A Colorful Haven for Artists and Activists Six years ago, Amber Gallup, 33, moved to Mount Pleasant with her boyfriend. The two were drawn to the Northwest Washington neighborhood by its low rents, Gallup said, but she
At home: If you can't sell it, you can always rent it "No, I don't," the prospective tenant said. "But you have cigarettes in your shirt pocket." "They're my broker's." Uh-huh. Normally I wouldn't make a stink about smoking, but this guy
Rating Woes After errant bankers and humbled insurers, the turn came on Thursday for ratings agency bosses to receive a verbal lashing from US lawmakers investigating the financial system meltdown.read more...
Urban Housing Development Planned for Lakeland read more...
Auto parts supply workers may face job woes (Reg Req'd) While General Motors' decision to slash 30,000 jobs and shutter facilities was deeper than expected, the next shoe to drop could be even more devastating to the auto-dependent Midwest economy.read
Paulson's plan to help mortgage borrowers (CNNMoney.com via Yahoo! Finance) The U.S. government is working hard to give relief to struggling mortgage holders, Treasury Secretary Henry Paulson said Monday.read more...