(August 31st, 2006 under Fun Stuff )
I came across this site and thought I would share it with everyone. David Burnett is a photojournalist who was in New Orleans for a story he was doing for National Geographic when he took these pictures. With no further comment, I suggest you look at them. [Thanks to Bag News Notes for [...]
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(August 31st, 2006 under Economic News )
Condo Developers in Fort Worth hope to prove the truth of the old axiom about the bigger they are, the harder they fall, by not being big. Hoping to avoid a crash like the real estate bust of the 1980’s, condo developers have scaled back several projects and have tailored others to niche markets [...]
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(August 31st, 2006 under Announcements)
Judge Arthur Gonzalez, in In re Enron Corp. (Enron Broadband Services LP v. Travelers Cas. and Sur. Co. of America), held that communications which Enron was trying to exclude under the attorney-client privilege could indeed be elicited from witnesses because the crime-fraud exception to the privilege applied.
Generally, the attorney-client privilege protects information so that a [...]
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(August 30th, 2006 under Announcements)
Americans without health benefits rose to record number in 2005. The Census Bureau reported that medical costs rose 3 times as fast as wages. This total has risen every year since President Bush has been in office, even though President Bush has said this is “unacceptable in our country.” The Democrats will [...]
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(August 29th, 2006 under Announcements)
Half of all families who file bankruptcy are being forced into bankruptcy because of health care costs. A Harvard study shows that half of all filings are because the families have no health care coverage. 15% of all Americans do not have health insurance.
“Many families around the country and in Southeast Texas are [...]
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(August 25th, 2006 under Automobile Industry )
The Way Forward campaign to save Ford has been changed since it was first rolled out; however more changes are possible, according to a recent USA Today article. Two new possibilities are supposedly being considered: one an alliance with Nissan (and its owner, the French company Renault) and second, taking the company private. [...]
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(August 23rd, 2006 under Economic News )
We continue to read about the cooling housing market, but it seems at times to be limited to certain markets (NY, LA and Miami, for example) where the real estate market had sky rocketed in the near past. Also, the first stage of a price drop will often lead to a situation where buyers [...]
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(August 23rd, 2006 under New Bankruptcy Law )
More than ten months have passed since the majority of the “Bankruptcy Abuse Prevention and Consumer Protection Act of 2005″ (BAPCPA) provisions have been in effect, and the majority of observers are saying that credit card companies have reason to celebrate. The number of bankruptcy filings is down significantly, and many individuals who legitimately [...]
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(August 22nd, 2006 under New Bankruptcy Law )
Tower Records filed for Chapter 11 protection today. It is the company’s second bankruptcy in the last three years. At present, a spokesman says there are no plans to liquidate. Rather, the company hopes to business attractive to buyers and hopes that the name and brand continue.
Industry observers, however, say that the [...]
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(August 22nd, 2006 under Economic News )
While prices remain high especially as compared to the rest of the country, the inventory of unsold real estate in Manhattan has hit a ten year high. The NY Post reports that: “Although the average price per square foot of a Manhattan apartment hit a record $1,083 in the second quarter, the number [...]
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