Archive for August, 2009
Toxic Loans Topping 5% May Push 150 Banks to Point of No Return
August 14th, 2009Via: Bloomberg: More than 150 publicly traded U.S. lenders own nonperforming loans that equal 5 percent or more of their holdings, a level that former regulators say can wipe out a bank’s equity and threaten its survival. The number of banks exceeding the threshold more than doubled in the year through June, according to data […]
Secret Cargo on Hijacked Russian Ship?
August 14th, 2009UPDATE: Ship Found, Russian Navy En Route Via: Telegraph: Russian warships are closing in on the missing cargo ship the Arctic Sea after it was spotted off the Cape Verde islands in west Africa by coastguards. Cape Verde coastguards reported that the Russian owned and crewed merchant vessel, which is thought to have been hijacked, […]
The Hubble Ultra Deep Field in 3D
August 14th, 2009Controlled Demolition of a Building in the Chinese City of Zhongshan
August 14th, 2009Via: ITN: A building in the Chinese city of Zhongshan has been demolished in a controlled explosion after it was never completed, and lay empty for 12 years. More: This Clip Has Audio of the Charges Exploding
National Guard Drill at High School to Prepare for Possible H1N1 Riot
August 14th, 2009Via: Sun Journal: Oxford Hills Comprehensive High School will be the site of a National Guard riot control drill Thursday morning to prepare in the event of a panic over distribution of serum to treat the swine flu. The school on Route 26 at the Paris-Norway town line has been designated by state officials as […]
Airlines to Require More Passenger Data
August 13th, 2009Via: Wall Street Journal: Airlines this week will begin requiring some people making reservations for domestic flights to submit their dates of birth and genders as part of a screening process aimed at keeping boarding passes out of the hands of suspected terrorists, the Transportation Security Administration said. The agency said the screening would all […]
Foreclosures Still Accelerating: Rise 7 Percent in July from June
August 13th, 2009Via: AP: The number of U.S. households on the verge of losing their homes rose 7 percent from June to July, as the escalating foreclosure crisis continued to outpace government efforts to limit the damage. Foreclosure filings were up 32 percent from the same month last year, RealtyTrac Inc. said Thursday. More than 360,000 households, […]
FLU: U.S. GOVERNMENT PREPARING TO FEED CHILDREN IN CLOSED SCHOOLS; “REACH PEOPLE AT WORK”
August 13th, 2009What are the Secretaries of Health and Human Services, Homeland Security and Education really saying here? Our agencies are working with the Department of Agriculture to make sure children will have access to healthy meals if their schools close, and with Departments of Commerce and Labor to reach people at work. This sounds like they’re […]
Massachusetts Deputizes Dentists, Others to Help with Vaccinations
August 13th, 2009Via: Boston Globe: Massachusetts health authorities took the unprecedented step yesterday of deputizing dentists, paramedics, and pharmacists to help administer vaccines against both the seasonal flu and the novel swine strain expected to make a return visit in the fall. In another emergency measure, regulators directed hospitals and clinics to provide vaccine to all their […]
Green Shoots: 47 Percent of South Florida Homeowners Underwater on Mortgages
August 13th, 2009Via: Miami Herald: As home values continue to show declines compared to a year ago, the percentage of South Florida homeowners underwater in their mortgages grew between the first and second quarter of the year, figures from Zillow.com show. Forty-seven percent of all single-family homeowners with mortgages in Miami-Dade and Broward were in a negative […]
