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Germany's crisis-hit BayernLB to axe every fourth job - Monsters and Critics
Munich - Hard-hit by the global financial crisis, German state-owned bank Bayerische Landesbank is planning to axe about every fourth job as it launches a new restructuring drive, banking industry sources told Deutsche Presse-Agentur dpa on Monday ...

Germany's crisis-hit BayernLB to axe every fourth job - Summary - Earthtimes
Munich - Hard-hit by the global financial crisis, German state-owned bank Bayerische Landesbank said Monday it is planning to axe about every fourth job as it launches a restructuring drive. The 5,600 job cuts in its workforce of 19,000 are to fall ...

Germany's crisis-hit BayernLB to axe every fourth job (Roundup) - Monsters and Critics
Munich - Hard-hit by the global financial crisis, German state-owned bank Bayerische Landesbank said Monday it is planning to axe about every fourth job as it launches a restructuring drive. The 5,600 job cuts in its workforce of 19,000 are to fall ...

Timm Creek residents pointing fingers, waiting - Spartanburg Herald-Journal
The swimming pool at the Timm Creek Community subdivision in Roebuck across from Dorman High School is infested with algae - its waters choked with a thick green sludge that makes it impossible to see depth markers. The pool's clubhouse sits in the ...

Nevada Turns Left This Time, But Future Course Is Uncertain - Wall Street Journal
LAS VEGAS -- In few states did the political map change as dramatically last week as in Nevada. In the prior two presidential elections, the Silver State could be counted on in the Republican column. But Tuesday, Nevadans not only favored Barack ...

High priority, high cost of child care - Fayetteville Observer
Renee Hankins and her fiance pay more to keep their sons in day care than they pay on their home. It costs the Erwin couple $800 a month to send 4-year-old Shay and 13-month-old Gage to day care. “Our day care is like our mortgage and our car ...

East Valley home values ahead of 2004 levels - AZCentral.com
Foreclosed homes are shredding the paper gains made during the market's run-up in recent years, but Southeast Valley cities are still ahead of 2004 levels. Median home values fell from 2005 to 2008, but they're still greater than four years ago ...

Community Resource Bank becomes First Citizens - Times & Democrat
The bank that began here two decades ago as Orangeburg National will officially become First Citizens Bank and Trust on Friday. Orangeburg-based Community Bankshares Inc., parent company of what is now Community Resource Bank, announced in June it ...

China's Stimulus: More Show Than Substance - Forbes
Beijing's half-trillion-dollar fiscal package is not as big as it sounds; many analysts say it will not offset the global downturn or do enough to stimulate domestic demand. Don't judge a stimulus package by its half-trillion-dollar price tag. China ...

Germany approves bailout terms, sets salary cap - San Diego Union-Tribune
FRANKFURT, Germany – The German Cabinet on Monday approved terms that banks will have to accept in order to benefit from its euro500 billion ($675 billion) bailout plan – including a strict salary cap of euro500,000 ($675,000) for top bank ...

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Today's Mortgage Terms starting with N

  • Notice of Default: A step in the foreclosure process in which the lender formally informs the court that the borrower is in late in payments.
  • Non-Assumption Clause: A provision in a mortgage contract preventing the assumption of the mortgage by another borrower without the lenders permission.
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