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Company accused of running Ponzi scheme - United Press InternationalPITTSBURGH, Dec. 3 (UPI) -- A lawsuit has been filed in Pittsburgh claiming the chief executive officer of a now-bankrupt water-bottling company skimmed millions of dollars. Gregory Podlucky operated LeNature's Inc. basically as a Ponzi scheme ...
LeNature's plundered for $500 million: lawsuit - Pittsburgh Tribune ReviewGregory Podlucky looted LeNature's of more than $500 million with the help of investment bankers, family, friends and former company officers, according to a civil lawsuit filed in U.S. District Court in Pittsburgh. The allegations are contained in a ...
Shuttle Crew Gets Ready to Leave Space Station - FOX NewsNov. 24: Astronaut Steve Bowen works on the Kibo lab as Earth hangs in the background. Nov. 24: Astronaut Steve Bowen works on the Kibo lab as Earth hangs in the background. CAPE CANAVERAL, Fla. — With their visit winding down, the world's 10 space ...
Columbia Association board members split on downtown development plan - Howard County TimesHoward County Council members are not the only ones who will have to approve General Growth Properties’ plan to redevelop downtown Columbia in the coming months. Because it owns several parcels of land in downtown, including Symphony Woods, the ...
Metro/State business briefs - Detroit NewsMoody's Investor Service has downgraded Beaumont Hospitals' outlook from stable to negative due to its weaker financial performance this year, including an anticipated loss on operations of $22 million at the end of 2008. It assigned an A1 rating to ...
Maid-Turned-Realtor Ran Vegas Mortgage Scam, Prosecutors Say - BloombergOct. 30 (Bloomberg) -- Eve Mazzarella was a Las Vegas success story. The high-school dropout and former housemaid moved to the Nevada city in 2000 from Seattle, got a certificate from the ABC Real Estate School and started selling houses in what ...
Supreme Court Hears Profanity Case, First in 30 Years - FOX NewsWASHINGTON — Had today's oral arguments on the use of foul language on broadcast television actually been on live TV, there is no doubt the program would have conformed to FCC guidelines. What's not clear is if the courtroom had actually heard the ...
THE ECONOMY IN TURMOIL - San Francisco GateAmericans binge on credit in a mania of speculation and consumption until the debt-fueled bubble bursts. Wall Street has a meltdown, the mania turns to hysteria, and the economy goes haywire. SF Gate polls are strictly surveys of those who choose to ...
GGP announces shakeup, plans to sell properties - Howard County TimesAmid an ongoing slump in its stock price, General Growth Properties Inc. announced the resignation of its chief executive offficer and president Oct. 27 and its decision to sell off shopping centers in Las Vegas, according to a company press release ...
Bailout goes from necessary to nightmarish - Atlanta Journal ConstitutionThat $700 billion financial sector bailout that I supported — and do still, but with an exit strategy — is a nightmare in the making. Look what’s happened since the first of the month: Atlanta Mayor Shirley Franklin, smelling a bailout handout ...
Today's Mortgage Terms starting with J
Jumbo Loan: A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.
Junior Mortgage: A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid down first.
View all Terms