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14 Nov 2008, 12:15 am
If I didn’t know any better I would assume that the movie was bank-rolled by Smirnoff! [read post]
11 Nov 2008, 5:43 am
A study of the gasoline lines that developed when California ordered Chevron to sell gasoline at a discount estimated that the added costs in time associated with price controls were 116 percent of the monetary savings provided by price controls.[27] In other words, price controls did not allow time to be used most efficiently; because time wasted can never be recovered, price controls result in what is known as market waste. [read post]
7 Nov 2008, 2:42 pm
About a third of the $114 billion sold last year in the U.S. promised full or partial principal protection. [read post]
5 Nov 2008, 3:33 pm
The National Center for State Courts reported that the number of jury trials dropped 44% in the last 10 years. [read post]
29 Oct 2008, 9:30 am
A few weeks ago, there were 6 major investment banks. [read post]
29 Oct 2008, 1:19 am
: Following the U.S. [read post]
23 Oct 2008, 3:19 am
This case does not present the extreme situation represented in the lawsuit filed against EADS (and about which I wrote here) in which the foreign company's shares did not trade in the U.S. at all, but it nevertheless does present all the jurisdictional problems associated with subjecting foreign domiciled companies to potential liability under U.S. securities laws. [read post]
17 Oct 2008, 3:35 pm
• The U.S Treasury Department committed $250 billion to buy stock in banks, including 9 of the biggest financial institutions in the United States. [read post]
17 Oct 2008, 2:19 pm
The massive bail out and unprecedented move into the banking and financial system by the Federal government has started in motion what will soon be the single most profound devaluation of the U.S. dollar in the last 50 years. [read post]
15 Oct 2008, 1:56 am
WSB Financial Group is the parent company of Westsound Bank. [read post]
15 Oct 2008, 12:24 am
Hill, 437 U.S. 153, 194 (1978). [read post]
13 Oct 2008, 8:08 pm
UPDATE: Consistent the hyperspeed circumstances that have come to characterize recent events, the announcement this evening after the close of the market that the U.S. will buy stakes in the Nation's largest banks (refer to WSJ article here), along with related disclosures, potentially impacts the foregoing analysis as well as much that follows. [read post]
13 Oct 2008, 7:23 am
Home loans held by illegal immigrants in California and across the nation generally have had fewer delinquencies than similar loans held by U.S. citizens, in part because of stricter lending requirements, according to banks, insurers and Realtors. [read post]
12 Oct 2008, 2:28 pm
According to The Washington Post, “four out of 10 first-time buyers used no-money-down mortgages in 2005 and 2006, according to surveys by the National Association of Realtors. [read post]
11 Oct 2008, 9:37 pm
As Farrey writes, if the U.S. ever kept all its athletes involved in sports, as do other nations, and picked national teams from the entire pool of available athletic talent, then given America's vast sports-minded and athletic population, we'd never lose another international competition. [read post]
10 Oct 2008, 10:24 pm
Mark Kirk and Chris Carney Letter Expresses a Need for More Resources to Investigate Corporate Fraud Interim Final Rule: Deposit Insurance Regulations, Temporary Increase in Standard Coverage Amount, Mortgage Servicing Accounts (PDF 128 KB) Rule as Adopted by the Federal Deposit Insurance Corporation on Oct. 10, 2008 Notice to Address Amended Returns for Hurricane-Related Casualty Losses and Subsquent Grants Reimbursing Such Losses (PDF 24 KB) Guidance Prepared by the Internal Revenue… [read post]
10 Oct 2008, 2:11 pm
• The National Automobile Dealers Association predicts that the credit crunch will cause 700 auto dealers to go under this year. [read post]
9 Oct 2008, 9:58 am
Financial institutions are defined to include institutions such as banks, savings associations, credit unions, security brokers or dealers or insurance companies. [read post]
6 Oct 2008, 12:26 am
Ecuador has not given any recent indication that it plans to withdraw from the U.S. [read post]
3 Oct 2008, 6:33 pm
• The National Automobile Dealers Association says that new-vehicle dealership closures may rise as much as 40% this year. [read post]
