May, 2010

California payday lending laws to be reformed

In California, a new assembly bill -- AB 377 -- is working its way through the legislature. AB 377 contains provisions that expand payday lending, but it also contains provisions that will strictly limit the payday lending industry. New limitations on payday lending with AB 377 The payday lending industry in California will be limited by assemblyman ...

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Will An additional Flash Crash Be Stopped By Stock Market Circuit Breakers?

Tuesday, the Securities and Exchange commission proposed new circuit breakers for the stock market to stay away from one more Flash Crash. The new trading curbs would be applied as a trial first to all stocks on the Standard and Poor's Index. As outlined by the SEC, the circuit breakers would pause trading in certain ...

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As Prevention Program Falters, Mortgage Foreclosures Hit Record

In the first quarter 2010, mortgage foreclosure statistics reached an all time high. Meanwhile, the federal foreclosure prevention program seems to be losing momentum. The inventory of homes in foreclosure rose to 4.63 percent from 4.58 percent within the fourth quarter, the Mortgage Bankers Association said Wednesday. The combined share of foreclosures and mortgage delinquencies ...

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When It Is Best To Buy A Dealership Car

At a car dealership, just about every little thing might be considered negotiable. This negotiability means that there is an element of strategy is involved. When you’re planning on buying a car, you will find days and times where you are a lot more likely to get a good deal. Making certain that you are ...

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Michael Bueke Executed For 1983 Shootings

20 years after his crimes, Michael Bueke was executed by lethal injection on May 13. He had appealed to the Ohio Supreme Court and requested clemency from Governor Ted Strickland, of which both were denied. He was pronounced dead at the Southern Ohio Correctional facility just before 11 a.m. In 1983, he killed one man ...

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