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Deadbeat Homeowners Tap Texas Bankruptcy Laws to Duck Creditors (Bloomberg)
Nov. 18 (Bloomberg) -- Homeowners fleeing underwater mortgages in California and Florida know where to come up for air: Texas. ``Texas is an extremely friendly place to live if you owe money and do not want to pay,'' said Marjorie Britt, a bankruptcy attorney with Britt & Catrett PC in Houston.
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SJ30 Returns To What It Does Best -- Setting Speed Records (The Aero-News Network)
Emivest Flies S/N 007 From London To Dubai In Just Over 7 Hours Hoping to attract some positive headlines for what has been an extremely troubled light jet program, Emivest Aerospace Corporation recently touted a new speed record for the SJ30 business aircraft -- flying from London to Dubai on November 10 in seven hours and seven minutes, including a 41-minute fuel stop in Istanbul.
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FHA-Backed Loans: The New Subprime (BusinessWeek)
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Cold winds reach even the palm-lined courses (International Herald Tribune)
Although golf has long been perceived as recession proof, some involved in the sport are learning otherwise.
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Top Scoops (Scoop.co.nz)
I've been uplinked and downloaded. I've been inputted and outsourced. I know the upside of downsizing; I know the downside of upgrading. I'm a high-tech lowlife. A cutting-edge, state-of-the-art, bicoastal multi-tasker, and I can give you a gigabyte in a nanosecond.
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Sports briefs (London Free Press)
The LPGA Tour has become the latest pro sports organization to feel the crunch of the global economic downturn.
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The recession in your state (CNN Money)
As you pile the family into the car and head home for Thanksgiving, you may want to give a little thought to how your home state is weathering the economic crisis.
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Conch House's case to be continued (The St. Augustine Record)
JACKSONVILLE -- The Conch House's case in bankruptcy court in Jacksonville Monday was continued to Dec. 1 with no decision being made.
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Retail REITs Feeling Impact of Financial Market Turmoil (CoStar Group)
In the midst of addressing the most difficult financial environment in decades and ongoing retailer casualties and pullbacks, retail REITs reported difficulty with loans and refinancing, limited success in asset sales, and a pullback in new development...
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Begging for Bailout Cash, U.S Cities Told to Go Fish: Joe Mysak (Bloomberg)
Nov. 18 (Bloomberg) -- You can't blame U.S. cities for eyeing the federal government's open vault and asking for a bailout, too. Atlanta, Detroit, Philadelphia and Phoenix have all asked in recent days for some of the Troubled Asset Relief Program billions. You can expect more to ask.
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