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Tosca sells Taylor Wimpey stake - Financial TimesToscafund Asset Management, the London hedge fund planning a restructuring after big losses this year, has sold its 10 per cent stake in Taylor Wimpey , the country’s biggest housebuilder. Tosca, run by Tiger Management alumnus Martin Hughes, sold ...
New Jersey residents feeling economic pinch - MyCentralJersey.comA huge sign outside the door welcomes visitors to "Grandma Duffy's home, where the hugs are heavenly, the cookies are delicious and the love is overflowing." Within a week, that sign will be replaced with one that says "For Sale." "I don't want to ...
Lawmakers do deserve a little credit - Houston ChronicleAUSTIN — It may be small comfort for those of you who have just opened your 401(k) quarterly statements to know that Texas, as Gov. Rick Perry reminded us the other day, has at least been spared the worst of the housing mortgage mess. Indeed, many ...
The Jersey Squeeze - Asbury Park PressBefore 10-year-old Kyle Gamble settles down to his video games in his quiet Matawan home after school, he anxiously turns on CNBC-TV, where, each afternoon, some of the global economic crisis comes to rest on his small shoulders. At his tender age ...
Manassas decelerates employee housing plan - Inside NovaThanks to the uncertainty of state funding and the ugly real estate scenario all over Northern Virginia, the city of Manassas will be slowing down the implementation of its recently adopted employee housing program. Last month, Manassas City Council ...
British taxpayer to be tied into £50bn bank bailout - Times OnlineTaxpayers will be committed today to providing more than £50 billion to bail out high street banks in an attempt to avert a cataclysmic failure of confidence. Alistair Darling was due to tell the City in an early morning announcement today that the ...
Depressing realities with letter - Citizen's VoiceIt wasn’t a plea for help Kim Hughes tapped out on her keyboard three weeks ago. She didn’t want money, or even sympathy. The letter she mailed to friends and family was an attempt to connect to others like Hughes, to let them know they’re not ...
Judge approves Double JJ auction date - Ann Arbor News BlogROTHBURY -- An auction sale of the financially-troubled Double JJ resort will occur on Oct. 30, U.S. Bankruptcy Court Judge Jeffrey R. Hughes ruled today. A court-appointed bankruptcy trustee originally had sought an Oct. 2 sale, but requested a ...
Facing N.J.'s top issue: The economy - Philadelphia InquirerEven before the shock waves on Wall Street, voters in poll after poll said their paychecks were not going as far as they once did. They blamed the rising cost of essentials such as food and health care, and a loss of value in their homes and other ...
Ten Ways to Protect Your Finances From the Crisis - Wall Street JournalHere are ten things that this financial panic means for you. 1. Check that your bank accounts are federally insured. The Federal Deposit Insurance Corporation (FDIC) guarantees deposits up to $100,000 per person. If you have to hold more than that ...