Banks Bundled Bad Debt, Bet Against It and Won

Dec 24, 2009

The New York Times–December 24, 2009 By GRETCHEN MORGENSON and LOUISE STORY In late October 2007, as the financial markets were starting to come unglued, a Goldman Sachs trader, Jonathan M. Egol, received very good news. At 37, he was …

Los Angeles sees sharp rise in red-light camera revenue

Dec 24, 2009

Since late ’07, monthly income grew from about $200,000 to about $400,000, according to estimates. Last year, the city more than doubled the fines it charges for violations. By Rich Connell Los Angeles Times–December 24, 2009 As Los Angeles City …

A third of Florida banks `problematic’ or `troubled’

Dec 24, 2009

Miami Herald–December 23, 2009 BY JIM WYSS About 36 percent of all Florida banks are “problematic” or “troubled” — three times the national average — according to a report released by BauerFinancial, a Coral Gables research firm. BauerFinancial reported that …

Capitol to Courthouse Headliners: Wednesday, December 23

Dec 23, 2009

  To view a complete story, click on a headline below:   THE NEWS SERVICE OF FLORIDA:  Citizens Hurricane Mitigation Program Draws Suit   An “emergency” contract to a private vendor by Citizens Property Insurance to determine whether homeowners getting …

Board of Employee Leasing Companies Meeting

Dec 23, 2009

The Florida Board of Employee Leasing Companies will meet via teleconference on Wednesday, December 23 at 10:00 a.m. The call-in number for this meeting is: 888.808.6959; conference code: 9226020.