Types Of Bankruptcy

FBR Taking $38 Million Mortgage Loss (AP via Yahoo! Finance)   Financial services firm Friedman, Billings, Ramsey Group Inc. said Friday it will take $38 million in losses in the fourth quarter related to subprime mortgage holdings.read more...


New Home Depot Store Expected to Be Open in December  The construction of Home Depot off Route 6 is progressing smoothly and officials estimate it should be completed by September, with a December grand opening.read more...


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JP Morgan plans to write down $1.5 billion in mortgage-backed assets (International Herald Tribune)  Trading conditions "have substantially deteriorated" since July, and have "sharply widened" spreads on mortgage-backed securities and loans caused losses, the U.S. bank said.read more...


Lakeland Mogul Adds Finance to Resume with Bank Opening  read more...


Homes for Sale  Sponsored listings for Homes For Sale: Homes For Sale Free MLS Search: Updated Bay Area Real Estate Listings.Commentread more...

June 26th, 2008

Congress passes Iraq war spending bill

The Senate passed a $162 billion war spending plan Thursday, sending to President Bush legislation that will pay for operations in Iraq and Afghanistan until the next president takes office.



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