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Goldman Sachs 3Q Profits Leap 83 Percent  While the stock market may be flat for the year and bonds remain volatile, Wall Street firm Goldman Sachs had no problem finding ways to make money as it posted


Elmsford man arrested in home improvement scam  HAWTHORNE - An Elmsford man was arrested for allegedly scamming an 80-year-old Hawthorne woman out of $11,000 for home repairs that were never done.Commentread more...


In a Sea of Loan Forms, Disclosure Proposal Offers Possible Rescue    What is a point? What is a margin? What does "due on sale" mean? Did you comparison shop and review the APR? What's APR, anyway? read more...


What the Mortgage Next Door Means  You've hunted for a new house for months, and now you're ready to bid. But before you do, check one more indicator to see whether you're making a smart purchase:


Anger at PPI competition referral  CONSUMER groups yesterday expressed disappointment that Britain's multi-billion-pound payment protection insurance industry would not be harshly punished, but merely referred to the Competition Commission.Commentread more...


MORTGAGE LENDER Q&A (New York Post)  With at least nine mortgage lenders having filed Chapter 11 this year - and Wall Street raising the possibility of a reorganization for the country's No. 1 mortgage lender, Countrywide

May 7th, 2008

Icahn’s WCI Communities Loss Widens as Florida Home-Market Slump Deepens

WCI Communities Inc. , the Florida homebuilder whose chairman is billionaire Carl Icahn , reported its sixth consecutive loss as orders plunged in a state that’s among the hardest hit by the housing slump. via Bloomberg



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