The legislative drive to let judges restructure primary mortgages in bankruptcy proceedings to prevent foreclosures is rapidly becoming the primary focus of banking lobbyists, who fear it will wreak havoc on the value of mortgage portfolios. Rewriting car loans of toxic loan companies like HSBC are also being considered.
Currently browsing posts found in October2007
Bankruptcy Reform Picking Up Steam
Weight-Loss Scams Top Form of Fraud: FTC
Weight-loss scams, foreign lottery offers and buyers clubs were the top ways that scam artists separated 30 million Americans from their money in one year, a U.S. agency said on Monday.
Boys Get Dangerous, Girls Daring to Reclaim Childhood
With 10 becoming the new 15 for many girls, two mothers are launching a manual to help girls who just want to have fun reclaim their childhood.
New Theory for Mass Extinction is Offered
U.S. scientists say the great mass extinction of 250 million years ago might not have been caused by a meteor strike, but, rather, by environmental stresses.
Tracking Down the Tale of the Knights Templar
The story has it all: Vatican intrigue, corruption, medieval castles, secret knights, papal enquiries, and royal conspiracies. But it is not fiction.
Too Many Halloween Treats Prompt Health Warnings
While adults may relish the gore of Halloween, most children enjoy the night for another reason — the vast amount of candy they receive which is prompting warnings to parents.
Missing Husband Pillow
When your husband is away, what could be better than a pillow to snuggle up with. A SPECIAL pillow…
Aliens Caused Sicily Fires, Say Officials
Aliens were responsible for a series of unexplained fires in fridges, TV’s and mobile phones in an Italian village, according to an Italian government report.
Surveys
Seth Godin: Thanks to the internet, surveys are a lot cheaper than they used to be.
And the prevalence of roll-your-own amateur surveys means that we all
have a lot to learn.
Ban On Leaded Petrol ‘Has Cut Crime Rates Around The World’
Banning lead in petrol is responsible for declining crime rates in Britain, the United States and other countries, startling new research suggests.
Electric Guitar Made Out Of Cocaine Valued At Over $3,598,002
Yes, you read it right. This electric guitar is worth €2,500,000 (US $3,598,002) because it’s made of pure cocaine.
Dog-Walker Trampled By a Herd of “Killer” Cows
A policeman suffered four broken ribs and a punctured lung when he was attacked by cows.
50-year-old Inspector Chris Poole said: "I worked on a farm and with cattle when I was a youngster and always told people not to worry about cows and said they never attacked. Little did I know."
A Bendy Bus To Cross The Sahara
An adventurous team of international travelers will attempt to set a new record this coming January. The team, known as Bus Number 7, is piloting an old, soviet-style articulated bus right across Europe before making a daring crossing of the Sahara Desert into the heart of Africa. The team will start their epic journey from […]
