Word: messes
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...Hampshire, officials are already doing just that. A decade-old law charging people for the costs of their rescue if the behavior that got them into the mess was deemed "reckless" was rewritten this past summer, lowering the bar so that merely "negligent" behavior could saddle you with a bill...
...credit crunch has thus far focused on the residential mortgage mess. But with $1.3 trillion in loans to shopping centers and other commercial properties coming due between now and 2013, another time bomb is ticking. In a report scheduled for release on Wednesday, Deutsche Bank estimates that at least half the loans - and two-thirds of those packaged and resold as securities - will not qualify for refinancing. As a result, many borrowers will likely default, leading to losses on securitized mortgages of $50 billion or more and losses of at least $200 billion on commercial real estate loans overall, according...
...dozen young children are sprawled out on a yard, painting a large canvass. Others run free through the one-square-block area that resembles a cramped town, with its food stands and kiosks. The tykes rattle off for me what they like best about their community: the mess hall, their friends, the food, the paint - and, for many, just "living with...
...alternative minimum tax, or AMT (my husband and I were subject to the AMT this year, so that put the kibosh on the hope of a tax break for us). "The tax treatment is not ideal," says Mark Luscombe, principal tax analyst at CCH. "And it's easy to mess it up." (For a complete rundown of the rules, see IRS Publication...
...work for a company acquired by AIG, and I'm a victim too [March 30]. What I'd like to know is that more than 99% of the folks who work for the insurance giant are not to blame for this pathetic mess. I work mostly with nonprofits like hospices andfood banks. Our 55-year-old company, VALIC, was highly respected for its integrity and personal service. AIG is now selling our profitable company to the highest bidder to help pay back taxpayers. The good news is that we are reversing our ill-advised name change, dropping AIG Retirement...