Posts by Rick Taylor
Possessions of Bernard Madoff sold at Auction
When fraudster Bernard Madoff was arrested two years ago the US marshals seized everything he owned All of the disgraced financier possessions and his wife’s belongings are being sold at a New York auction including his worn socks and monogrammed boxer shorts .The ballroom of a New York hotel was packed when the auction began…
Read MoreForeclosure on homes drops 9 per cent in Oct
A drop in home repossessions dropped 9 per cent from Sept to Oct ,Reality Trac , a foreclosing listing firm said, as several major lenders temporarily halted most or all of their foreclosures amid allegations thousands of foreclosures were handled improperly. The lenders seized more than1 million homes this year. Some lenders had suspended taking…
Read MoreU.S. Budget Deficit Narrowed largest annual budget deficit on record
The government reported its largest annual budget deficit on record .Last month the deficit totaled $140.4 billion compared with the October 2009, when it was $176.4 billion . The budget statement was released from Washington. The Congressional Budget Office estimates the budget this fiscal year will exceed $1 trillion for the third time, the economic…
Read MorePlayboy Auctions Art,Hugh Hefner is having a auction
Hugh Hefner is having a auction of the many pictures he has from Dali to Marilyn Monroe to name just a few . They will be auctioned off December 8 at Christie’s calling it ,“The Year of the Rabbit.” The 1966 watercolor of a reclining Dali nude called,”Playmate ,‘that hung in Hugh Hefner’s bedroom at…
Read MoreSalvador Dali print found at Goodwill
A mystery donor dropped of an alleged lithograph of a Salvador Dali work at a Grand Junction, Colorado Goodwill store. The Goodwill store will be auctioning off the Salvador Dali work but does not plan to verify the work’s authenticity and doesn’t plan to pay an expert to determine if the work is authentic. The…
Read MoreMortgage applications in decline last week
Even with continued low mortgage rates for the week ending Oct 29 Mortgage applications decreased. Overall applications were down 5 percent for the week behind by a 6.4 percent. This is the third straight week of drops, the Mortgage Bankers Association said Wednesday. The purchase index increased 1.4 percent from a week earlier, down 28…
Read MoreOhio Pub offers an education with meal
A recently opened Ohio pub decked out in a political theme is quickly becoming the talk of the town. In addition to a meal, you’ll also get a lesson in American history. Patrons will quickly realize it’s not a coincidence that the Grand Ole Pub’s initials are GOP. Alongside your sandwich and chips, a copy…
Read MoreThe Race For The Seat
There will be a new road map for the next two years .The presidential election is not until 2012 but there will be plenty of tea-leaf-reading on Tuesday night, especially when Western results start coming in. President Barack Obama’s re-election campaign will be affected by the result of gubernatorial races in states like Ohio, Iowa,…
Read MoreStocks Fall with Worries Over Fed’s Strategy
Wall Street was jumping at the Wednesday open on worries that the Federal Reserve’s next round of quantitative easing could be smaller than expected. The central bank is widely expected to announce a restart to its program to purchase Treasury bonds when it gathers next week, but the Wall Street Journal reported Wednesday that the…
Read MoreNew home sales still at a slow recovery
New homes sales moves up higher is September according to government figures reported Wednesday, but the recovery from the all-time lows reached earlier this year are still at slow pace. Sales of new built single-family homes rose to an annual rate of 307,000 units in September from 288,000 units the month before, the Commerce Department…
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