Highlights
A collection of news and information related to Interior Policy published by Tribune Company sources.
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Financial turmoil wipes out an estimated $2 trillion in retirement savings assets
Associated Press WriterWASHINGTON (AP) _ The top congressional budget analyst says pension plans have lost as much as $2 trillion in the past 15 months. Peter Orszag told a House panel on Tuesday that the losses are likely to force many workers to hold off on major purchases...Tags: Pension and Welfare, Retirement
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Lawmakers probe role of insurance giant AIG in financial meltdown requiring government bailout
Associated Press WriterWASHINGTON (AP) _ Executives at American International Group Inc. hid the full range of its risky financial products from auditors as losses mounted, according to documents released Tuesday by a congressional panel examining the chain of events that...Tags: American International Group, Corporate Officers, Lehman Brothers Holdings Incorporated, Financial and Business Services, Credit and Debt
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Kenya to deport Jerome Corsi, author of anti-Obama book
Los Angeles Times Staff WriterThe American author of a controversial book attacking Barack Obama was headed for deportation today by the other Obama nation. Jerome Corsi, author of "The Obama Nation: Leftist Politics and the Cult of Personality," was detained this morning by Kenyan...Tags: Illinois, Barack Obama, Personal Data Collection, Books and Magazines, John Kerry
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28 Days to the Election: A look at the race for 2008 on Tuesday
IN THE HEADLINES Town hall debate offers McCain one of his last best chances to turn the race around ... Palin's promise of transparency in Alaska wanes on touchy topics like e-mail and polar bears ... McCain's tough stance against pork barrel spending...Tags: John McCain, National Government, Ohio, Barack Obama, New Mexico
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Over $750,000 in fines issued for waste violations
The state has levied more than $750,000 in fines recently against 46 businesses, individuals and institutions for violating the state's hazardous waste rules, the Maryland Department of the Environment announced yesterday. Most of the citations issued in...Tags: Waste Management Incorporated, Hazardous Materials, Fines, Environmental Cleanup, Johns Hopkins University
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State Treasurer Says Pension Fund Sound
Associated PressState Treasurer Denise Nappier says the Connecticut Pension Fund portfolio has dropped in value with the recent stock market upheaval, but remains well diversified and no pension benefits are at risk. Speaking to the legislature's Banks Committee,...Tags: Pension and Welfare, Connecticut, Denise Nappier, Wages and Pensions, Retirement
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Credit-card conniving
Dear Bruce: I am a savvy woman who has been taken advantage of by my adult daughter. She used my name and Social Security number to apply for a credit card. She ran the card up by a substantial amount, but, of course, didn't have the money to pay it off....Tags: Social Security, Personal Data Collection, Credit and Debt, Wages and Pensions
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Big sale to eBay
Reminiscent of dot-com buyouts of another era, Timonium-based Bill Me Later agreed yesterday to be sold to auction giant eBay for $945 million - amply rewarding its founders, investors and 300 employees for building the technology start-up into a major...Tags: National Government, Personal Data Collection, Corporate Officers, Internet, Sales
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City teen gets 10 years for March fatal shooting
A 16-year-old Baltimore youth was sentenced yesterday to 10 years in prison after pleading guilty to murder. Farron Tates' family had gathered March 1 at his aunt's Northwest Baltimore home to mourn the death of his cousin's infant daughter. According...Tags: Teen-agers, Murder, Gun Control, People, Personal Weapon Control
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EBay plans job cuts, growth of classified sites
New York Times News ServiceSAN FRANCISCO — EBay Inc. is both tightening its belt and expanding its reach in preparation for the coming economic storm. On Monday, eBay announced it would lay off 10 percent of its 16,000 workers, including 1,000 permanent employees, and pay...Tags: San Jose, Personal Data Collection, Layoffs and Downsizing, Internet, Warren Buffett
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Florida reaches landmark deal with Countrywide, helping homeowners in subprime deals
South Florida Sun-SentinelMore than 57,000 Florida homeowners stand to benefit from a landmark settlement reached Monday between Florida and Countrywide Financial Corp., the giant subprime mortgage lender. It sets up the nation's most comprehensive mortgage-modification program...Tags: Foreclosures, Bill McCollum, Countrywide Financial Corp., Banking, Financial and Business Services
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Deal to help 21,000 in state keep homes
Chicago Tribune correspondentIllinois, California and at least six other states have reached an $8.8 billion settlement of their lawsuits against Countrywide Financial, the biggest subprime mortgage lender, in a deal that should help some 21,000 Illinois residents keep their homes....Tags: Indiana, Ohio, Iowa, Countrywide Financial Corp., North Carolina
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|Story| South Florida Sun-Sentinel
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|Story| Chicago Tribune
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