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Whistler mayor worried about Intrawest debt restructuring - Vancouver SunWhistler Mayor Ken Melamed expressed concern Monday about reports that the owners of the Whistler Blackcomb ski resort are fighting to keep resort operator Intrawest afloat by restructuring $1.68 billion in debt. The debt -- trading at less than 70 ...
Cash-rich engineering firms relish greater opportunities in year ahead ... - Financial TimesLarge engineering and construction firms have stockpiled record levels of cash and expect to buy smaller companies at better prices as the credit crisis sours the wider economy in the year ahead, mergermarket reports. But many contractors, who rely ...
Mortgage losses mounting - Portland TribuneKaren Rider (foreground), an agent for a trustee sale officer, conducts an auction of foreclosed homes on the Multnomah County Courthouse steps just inside the building. Uncle Sam is bailing out Wall Street wheeler-dealers who invested in home loans ...
Hurst man down on his luck, and soon out of his house - Fort Worth Star-TelegramFrank Hartman at his house in Hurst. Hartman, 67, who has prostate cancer and Parkinson’s disease, is about to lose the home. S-T/DARRELL BYERS For Frank Hartman, like many Americans, one turn of bad luck cascaded into a chain of events that could ...
Exploiting Poverty Caused the Financial Crisis - Common DreamsSure, the CEOs and hedge fund managers were greedy. There's no question that wealth and the pursuit thereof led to the sub-prime fiasco and the decline of Lehman Brothers, AIG, Merrill Lynch and more. But what's really at play here is persistent ...
Piramal Glass announces layoffs - Daily JournalPARK HILLS — Layoffs are planned for approximately 40 percent of the workforce at Piramal Glass, 1000 Taylor Ave. in Park Hills. Layoff notices for 160 hourly union employees were posted Monday while approximately 30 salaried workers were notified ...
The Crash That's Coming: More Bubbles Are Turning 'There Will Be Blood ... - Common DreamsNow that that this year's Oscars are history, imagine if you will, an awards ceremony honoring not the best of the best but the worst of the worst, not just spinoffs like the "Razzies" (the Golden Razberries) for movies. Who should we single out as ...
Today's Mortgage Terms starting with V
VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.
Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.
View all Terms