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Former SEC boss joins Alabama probe Harvey Pitt appointed deputy AG to investigate suspected financial crimes (Mobile Press-Register)
Alabama is enlisting some high-powered help in its battle against financial crime.
Wed, 20 Aug 2008 09:25:47 GMT.
Driver, Horses Killed In Alabama Accident (WSB-TV 2 Atlanta)
A driver was killed and three horse riders were injured in an overnight wreck in north Alabama.
Mon, 18 Aug 2008 14:41:29 GMT.
Fannie, Freddie fears, inflation slam Wall St (Washington Post)
NEW YORK (Reuters) - U.S. stocks fell for a second straight session on Tuesday as credit worries hit bank shares and a report showing inflation remains a threat despite slower growth stoked the market's anxiety.
Wed, 20 Aug 2008 12:51:26 GMT.
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stocks. JPMorgan Securities forecast Lehman will likely take a further $4 billion in write-downs in the third quarter due to losses from mortgage-related investments.
Wed, 20 Aug 2008 01:55:29 GMT.
Big Man in a Short World (Portfolio.com via Yahoo! Finance)
Amid all the outcry about short selling and its abuses, one person is sure to benefit: Harvey Pitt, the former chairman of the Securities and Exchange Commission. The securities lawyer is becoming the go-to expert on short-selling practices and regulations ...
Wed, 20 Aug 2008 15:51:32 GMT.
Weak dollar weighs on U.S. stocks (International Herald Tribune)
A weaker U.S. dollar pushed oil prices higher Tuesday as credit concerns unsettled investors and a jump in U.S. wholesale prices renewed worries about future inflation.
Tue, 19 Aug 2008 20:38:37 GMT.
Financial fears, high inflation rattle Wall St (Reuters via Yahoo! News)
Stocks fell for a second straight day on Tuesday, shedding 1 percent, as credit worries hit bank shares and a report showing inflation remains a threat despite slower growth further fed investor anxiety.
Tue, 19 Aug 2008 18:31:22 GMT.
Glavine Could Learn If Career Is Over (CBS 46 News Atlanta)
Atlanta Braves pitcher Tom Glavine could learn Wednesday whether or not an elbow injury will end his career.
Wed, 20 Aug 2008 13:02:52 GMT.
Alabama County Faces Bankruptcy (Time Magazine)
Alabama's largest county appears headed for the biggest municipal bankruptcy in U.S. history, a $3.2 billion mess created by the nation's credit crunch and a colossal, corruption-riddled sewer project
Fri, 15 Aug 2008 19:05:11 GMT.
Scotiabank, Bank of Montreal May Lead U.S. Charge (Update2) (Bloomberg.com)
Aug. 19 (Bloomberg) -- Canadian banks are starting to gain from the U.S. banks' pain. Lenders including Bank of Nova Scotia and Toronto-Dominion Bank spent a record $10 billion on U.S.-owned assets over the last year.
Tue, 19 Aug 2008 16:03:48 GMT.