New York Times:
Fidelity Investments has launched a service to help retail brokers determine how profitable it would be for them to leave their brokerage house and hang out their own shingle. (Read More)
New York Times:
Timothy F. Geithner, like others on the White House economic team, is pragmatic and responds flexibly to situations, and that approach has paid off during the economic crisis.
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New York Times:
By not extracting concessions from bankers during the rescue of A.I.G., policy makers undermined their own credibility — and put the broader economy at risk.
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New York Times:
A line for a Chicago food pantry formed across the street from a seven-bedroom, seven-bathroom, 6,000-square-foot home with a two-bedroom coach house.
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New York Times:
Governor-elect Christopher J. Christie says he will commute to the State House from his home in Mendham rather than move into the governor’s residence, a 20-room Greek Revival mansion.
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New York Times:
General Growth Properties, the giant mall operator that filed for bankruptcy in April, said Thursday it had reached an agreement with its lenders to extend loan maturities on 70 loans and, in turn, those lenders would get all their money back. (Read More)
New York Times:
Frederick Grimaldi, a deputy chief at the city’s Department of Sanitation, was among those arrested, charged with leaking contract bids in exchange for money.
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CNN:
Six members of the coroner's office were summoned Wednesday to a home in Cleveland, Ohio, where investigators recently found 11 bodies.
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New York Times:
Construction of new homes plunged as builders waited to see whether a tax credit for buyers would be extended, the government reported on Wednesday.
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New York Times:
Construction of new homes plunged as builders waited to see whether a tax credit for buyers would be extended. The government also reported that consumer prices edged up in October. (Read More)
New York Times:
A “cash for caulkers” program has the potential to get contractors working again, as well as keep more money in homeowners’ pockets.
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New York Times:
A federal judge from Louisiana who had run up gambling debts solicited money and gifts from lawyers with cases before his court, Congressional investigators said.
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CNN:
Nicolas Cage brought about his own financial ruin with a spending spree that included two castles, 15 palatial homes, a flotilla of yachts and a squadron of Rolls Royces, his former business manager said.
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