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Montgomerie Shoots 65 at Dunhill Links  ANDREWS, Scotland - Colin Montgomerie shot a 7-under-par 65 in strong wind Friday to take the lead after the second round of the Dunhill Links Championship at the Old Course,


DNR and USFS invite public to open house February 13 at new shared offices and conference center  FORKS + A partnership between the State Department of Natural Resources and U.S.D.A. Forest Service, Pacific District , has lead to completion of their newly remodeled 2,500 square foot joint


Stock suggestions for an iffy year  "The best plays in the U.S. are in health care and some of the consumer stocks, while the REIT [real estate investment trust] market is going to have some trouble


It takes two incomes to pay a mortgage (NZPA via Yahoo!Xtra News)   There has been a dramatic squeeze in home affordability measures in the last three months, effectively shutting out most first-home buyers from many parts of the country.read more...


China Opposes New U.S. Textile Quotas  Associated Press China Opposes New U.S. Textile Quotas 05.14.2005, 08:30 AM China said Saturday it opposed a U.S. decision to impose new quotas on some Chinese clothing imports, calling the


Market forecast (Reg Req'd)  Posted at 3:01 AM EST From Tuesday's Globe and Mail The federal government is running a budget surplus and has been reducing debt, but this week it steps into the

May 10th, 2008

Mortgage Credit Losses Could Total $500 Bln: Goldman

“If anything, they may come under pressure to ease further, though at present this is not our base case.”

Goldman Sachs economists expect a total of $500 billion in residential mortgage credit losses, a renewed slowdown in economic activity after the near-term boost from fiscal stimulus, and no monetary policy … via BNET



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