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Keating 5 ring a bell? - Los Angeles TimesOnce upon a time, a politician took campaign contributions and favors from a friendly constituent who happened to run a savings and loan association. The contributions were generous: They came to about $200,000 in today's dollars, and on top of that ...
Can wild CEO pay be tamed? Probably not - MSNBCOct. 3: The average American house size is 2,500 square feet, but due to rising energy costs, job uncertainty and the mortgage crisis, a growing number of people are seriously downsizing—in one extreme case, to a house smaller than 100 square feet ...
Senate bailout vote puts pressure on House Republicans, aides say - CNNWASHINGTON (CNN) -- The strong bipartisan Senate vote for a $700 billion economic bailout package will put more pressure on Republican members to back the measure if it comes up for a vote in the U.S. House, Republican leadership aides said. The U.S ...
Bullish view on Merrill's future - Philadelphia InquirerMerrill Lynch & Co. Inc., a central player in the nation's credit turmoil during the last year, has learned its lessons and will remain independent despite what is likely to be an unprecedented global consolidation in financial services. That's the ...
Govt trading ban could have unintended results - Seattle Post IntelligencerWASHINGTON -- The government's unprecedented move Friday to ban people from betting against financial stocks might be a salve for the market's turmoil but could also carry serious unintended consequences. In a bid to shore up investor confidence in ...
Hell Bent Innovator - ForbesUntil Sept. 16, 2008, life was good for Bruce R. Bent, founder and chairman of cash management firm The Reserve. At age 71, Bent is widely hailed as having invented money market mutual funds in 1970. Among financiers, his career as an innovator has ...
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The year in music - Los Angeles TimesIn October, I published a list of what I thought most other critics would put on their 2007 Top 10s. My predictions are panning out, though I should have ranked LCD Soundsystem higher and recognized that few would grasp that Rihanna's more than a ...
police blotter - Salina JournalMARRIAGE LICENSES -- Francisco Ayala, 22, and Maria G. Duran, 23, both of Concordia; Christopher W. Skelton, 27, and Jenina M. Strader, 23, both of Salina; Christopher A. Fritz, 26, and Jennifer Ann Marie Henderson, 26, both of Gypsum; Robert A. Bade ...
An Invitation to Our Readers - BusinessWeekEarlier this year, we launched a new and innovative feature on BusinessWeek.com to prominently highlight the insights of our readers. Called In Your Face , it calls attention to the most substantive comments left on our site by our readers. Not only ...

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Today's Mortgage Terms starting with J
Jumbo Loan: A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.
Junior Mortgage: A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid down first.
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