Word: paule
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...inflated appraisals, exaggerated incomes, straw buyers - and the lax regulation to enable it all - has made Florida tops in mortgage fraud, according to the Mortgage Asset Research Institute; in a recent Palm Beach County case, a grocery cashier's salary was listed as $344,000 a year. And Paul Singerman, bankruptcy counsel for Puig's companies, is even busier. His firm represents the Florida home builders Tousa Inc. and Levitt and Sons, which happen to be the nation's two largest bankrupt home builders, along with droves of failing contractors, landscapers and architects. "I got two calls from window distributors...
Keep the cell phone on, Paul. In some Miami high-rises, the foreclosure rate is as high as 1 in 4, and owners who still own are getting nailed with huge condo fees to make up for the lost revenue. Florida banks repossessed 620% more property last year than in 2006, and they're starting to unload nonperforming real estate loans for as low as 30¢ on the dollar. Miami topped a recent list of America's worst housing markets, just ahead of Orlando, with Tampa fourth. From 20% to 40% of the speculators who waited on lines...
Maybe you haven't heard, but this is the year of freedom. First there was the Ron Paul revolution, in which an avuncular 10-term Representative from Brazoria County, Texas, raised more than $34 million as a pseudo-Republican candidate, garnered more than a million primary votes and outperformed Rudy Giuliani and Fred Thompson, all on the back of a get-government-off-my-back platform. Now there's the Libertarian Party, which sold a little bit of its hard-line liberty-loving soul in exchange for the most respectable candidate it has ever had: recently converted former Republican Congressman...
...Publica responded that its aim is to maximize each story's impact, which will involve hooking up with big name outlets. The group's purpose - as corny as it sounds - is to produce those increasingly rare stories that possess "moral force," according to editor-in-chief Paul Steiger, who spent 16 years as managing editor of the Wall Street Journal. "We're going to try to do stories such that, by shining a light on an abuse of power, we'll give the public the information it needs to effect change," he says. Such statements make Steiger sound like...
...make the transition from conservative to liberal? Paul Hoehne, OAKTON...