Auto stacker

The Auto Stacker was an ill-fated but ambitious project by Woolwich Borough Council in south-east London . It cost £100,000 in 1961 and was located in Beresford...

Bargain Hunters Help To Reduce The Housing Glut

Lower home prices are luring some buyers back into the U.S. housing market, but foreclosures and a weakening economy are likely to keep downward pressure on prices for at least another year, economists say. A quarterly Wall Street Journal survey of ...

Mortgage Plan May Aid Many and Irk Others

As the Treasury Department prepares a $40 billion program to help delinquent homeowners avoid foreclosure, it confronts a difficult challenge: not making the plan too tempting to people like Todd Lawrence. An airline pilot who lives outside Norwich ...

The iPod generation has the most to lose in a global recession

The household debt ratio in Britain for all ages is 169 per cent: for every £1 of disposable income coming in, the average household had £1.69 of debt to service. Even the Americans, whom Gordon Brown is so keen to blame for all our troubles, do ...

Cohen & Steers, Inc. :: Cohen & Steers Reports Third Quarter 2008 Results

Wednesday, October 22, 2008
PR Newswire (press release), NY -
NEW YORK, Oct. 22 /PRNewswire-FirstCall/ -- Cohen & Steers, Inc. (NYSE: CNS) reported a net loss of $1.6 million, or $0.04 per share (diluted and basic), for the quarter ended September 30, 2008, compared with net income of $15.9 million, or $0.37 per diluted share ...

London Free Press - Motorsports - Vickers ignores history

Thursday, October 23, 2008
London Free Press, Canada -
By DEAN MCNULTY, SUN MEDIA The news yesterday that Red Bull Racing's No. 83 Toyota team was using shaved sheet metal on Brian Vickers' car -- at least at Martinsville last week -- begs the question about people not learning from others' mistakes. ...

How LIBOR Threatened to Destroy the Global Banking System

Oct 21, 2008
Money Morning -
By Martin Hutchinson The largest financial crisis since the Great Depression has revolved around an interest rate that many US investors are only now hearing about for the very first time: The London Interbank Offered Rate (LIBOR). But if you ...

London 2012 Olympic village funding alert: Olympics - Telegraph

Oct 21, 2008
Telegraph.co.uk, United Kingdom -
The banking crisis has forced the Government to extend the deadline for negotiations over a funding package for the troubled Olympic village project.   ...

Plaistow needs to borrow more than anticipated

He said the tough economy would keep the town from being approved for such a large loan. But when department heads and the town treasurer started crunching more numbers, Kleman said it became obvious the town would need much more than the originally ...

London Free Press - Business - Chrysler may be sold piecemeal

Thursday, October 23, 2008
London Free Press, Canada -
By TOM KRISHER AND DAN STRUMPF, AP DETROIT -- Chrysler LLC could be sold in pieces to other companies as its majority shareholder Cerberus Capital Management LP seeks to exit the auto business, according to a person briefed on the discussions. ...

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