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Repossessed Homes New York

From Lost in Austin to Vanishing in New York   The mystery surrounding the sudden closing of the city's Burritovilles continues with today's NY Times not being able to find many more answers than when we reported their disappearance Thursday . The Times talks to various New Yorkers who lament the restaurant's departure, including one top notch host who had been planning to stop by Burritoville tonight "because we're having guests." As ...

Bush administration proposes $700 Billion for Wall Street Bailout  David M. Herszenhorn New York Times News Service WASHINGTON �� The Bush administration on Saturday formally proposed to Congress what could become the largest financial bailout in United States history, requesting virtually unfettered authority for the Treasury to buy up to $700 billion in mortgage-related assets from financial institutions based in the United States.

A tumultuous week ends with Wall Street remade  NEW YORK -- One of the most tumultuous weeks in the 216-year history of Wall Street closed with a dramatic two-day rally as investors celebrated an unprecedented government plan to cleanse banks of the bad mortgages that touched off a crisis in world finance.

Renaissance Homes Headed for Bankruptcy  Renaissance Homes, http://www.renaissance-homes.com one of Oregon��s biggest home builders, will soon file for Chapter 11 bankruptcy, The Oregonian is reporting http://www.oregonlive.com/business/index.ssf/2008/09/highend_oregon_builder_renaiss.html.

U.S. readies massive toxic-debt plan  NEW YORK Reuters - The U.S. government is preparing to mop up hundreds of billions of dollars in bad mortgage debt, after curbing short-selling and guaranteeing mutual funds in an effort to stabilize financial markets.

Reuters Business Summary   U.S. readies massive toxic-debt plan NEW YORK - The U.S. government is preparing to mop up hundreds of billions of dollars in bad mortgage debt, after curbing short-selling and guaranteeing mutual funds in an effort to stabilize financial markets. The moves cap a week in which financial markets faced their most serious confluence of crises since the Great Depression in the ...

$800-bn plan to help people with high-cost mortgages stay in their homes  US Treasury Secretary Henry Paulson is sending a financial-rescue plan worth about $800 billion to Congress as Democrats prepare to turn it into a vehicle to help people with high-cost mortgages stay in their homes.

Bernhard defends Palin 'gang rape' joke  Comic Sandra Bernhard says a gang rape joke she made about Republican vice presidential candidate Sarah Palin was part of her New York act. Bernhard said Friday that suggesting the Alaska governor would be gang-raped if she follows through with a scheduled New York visit was simply part of her provocative comedy act, the New York Daily News reported.The gang rape comment is part of a much ...

Bonds to assist in paying for homes   Beacon Journal staff report The Summit County Port Authority has voted to issue $12.5 million in tax-exempt bonds to help people facing foreclosure on their homes.

Venezuela Expels Two Rights Activists  BOGOTA, Colombia, Sept. 19 -- Armed agents in Venezuela detained and deported two officials from Human Rights Watch just hours after the New York-based group issued a report critical of the country's socialist government, the activists said Friday.