Word: floridas
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...Roland didn't deny being angry at James, calling him a "liar and a crook" in court. He said that the retirees met James while on vacation years ago in Florida and that he persuaded them to invest their money in the U.S. housing market, promising the group a profit margin of 18%. Following the subprime-market collapse in the U.S., Roland now claims that James "tricked us and took us for a ride...
...officials for suspected fraud in a separate case. As for the pensioners, if they're convicted when the trial concludes in late March, they face jail sentences of at least five years apiece. There's a chance that they could be spending their golden retirement days not on a Florida beach but behind bars...
...will vault the city into history books, the onslaught also predictably wreaked havoc. In a city of mostly flat roofs not built to withstand heavy snowfall, leaks were widely reported; in Alexandria, Va., officials were searching as far away as Florida and Texas to find 30,000 tons of salt for snow removal. Near downtown Washington, trees remained strewn across intersections. The paralysis is "another example of how poorly the federal government responds in times of stress," says Paul Light, a professor of public service at New York University. (See pictures of Asia's record snowfalls...
...Vegas or Texas or Alaska. "Now there is no work anywhere," says Mark Erlich, whose New England Regional Council of Carpenters represents 22,000 union members in six states. "The largest problem is the continued lack of financing," says Jerry Rhoades, executive secretary treasurer of the Florida Carpenters Regional Council. "In the summer of 2009, there were 800 jobs on the books to build across the state. We do commercial, high-rise residential and power plants. The permits were ready, but the financing dried up. I am in my 60s and I've never experienced a downturn like this. Three...
...President's hour in the lion's den was part of an aggressive week of politics - his first in many moons - that began with his well-received State of the Union address and proceeded through town meetings in Florida and New Hampshire. It was marked by a new willingness to engage the opposition party with cutting humor and offers of compromise. In the State of the Union, he had offered an olive branch to the Republicans - a new commitment to budget balancing (including a bipartisan commission to reduce the deficit that Republicans had been clamoring for), a new emphasis...