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A woman in Florida has recently held off the bank that is holding her mortgage from foreclosing just by asking them to prove that she owed them anything.
During the real estate frenzy of the past decade, mortgages were sold and resold, bundled into securities and …

T. Boone Pickens, while I would rather not revisit that name, the recent news that he thinks that oil will surge back up to $100 a barrel in 2010 grabbed my attention, because I think he only made the announcement to gain attention again.
When oil …

Today in Asian trading, oil raised above $50 a barrel because of a level of optimism surrounding Obama’s announcement Monday about his economic team.
Whoever he chooses for the team faces the worst economic slowdown in decades, and with the United States’ economy foreshadowing the global …

Saginaw, Michigan has its newest homeowner.
30 year old Joanne Smith from Chicago outbid 7 others to get the winning bid of a whopping $1.75 on eBay. However she will be responsible for back taxes and some serious clean up to the yard and house. …

The Dow Industrial Average fell another 500 points today ending at below 9,500 points.
Like a broken record, the news is reporting that the fall in the markets is due to credit worries. Now the credit crisis has seeped into foreign markets.
The S&P financial sub-index …