Friday, November 7, 2008

Steven Wevodau - Taxpayers on Hook for Mortgage Executives' Legal Defense Costs

Taxpayers on Hook for Mortgage Executives' Legal Defense Costs
When the U.S. government took over mortgage giants Fannie Mae and Freddie Mac, taxpayers inherited more than just bad debts. They're also potentially on the hook for tens of millions of dollars in leg

University of Iowa to Restore Art Facility
Despite the risk that the Iowa River could overflow its banks again, the University of Iowa says it will restore a flood-damaged art building. Officials say that's because the need for space outwe

Munich Re Q3 Profits Down 99% to $15.4 Million; $1.8 Billion for 9 Months
Munich Re's third quarter profits fell by 99 percent to €12 million ($15.4 million) compared to the €1.216 billion ($1.555 billion) it recorded in the third quarter of 2007. The Group's ne

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