Local Headlines
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Pastors reflect on economic downturn
Yesterday | via Newsday.com
The economic downturn made so plain by rampant foreclosures, a declining stock market and record unemployment has not escaped pews and pulpits across Long Island .
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5 of wealthiest ZIP codes call L.I. home
Tuesday Oct 7 | via New York Business.com
Five of the top 25 most expensive ZIP codes in the nation are located on Long Island, and just two are in Manhattan, according to a new report from Forbes .
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Study: More than a quarter of LI homes 'distressed'
Monday Sep 29 | via Newsday.com
Doris Torres, a home health care aide, and her adult daughter Tara, an insurance saleswoman, bought a home in Brentwood seven years ago.
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Man arrested for stealing West Islip man's identity
Tuesday Sep 23 | via Empire State News
STATEN ISLAND Suffolk County Police Tuesday arrested an unemployed mortgage broker for stealing a West Islip man's personal information that he used to open a credit card account in the victim's name and ...
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Monday Sep 22 | via Daily Business Review
Hit hard by the collapse of the market for mortgage-backed securities, the firm Link led for more than a decade has so far laid off 131 lawyers.
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Regional Headlines
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10 hrs ago | via The Standard
Lehman old boy king of New York Kurt Locher, formerly a Lehman Brothers managing director and the head of its mortgage banking, has bought a US$5.25 million apartment at 500 West End Avenue in the Big Apple.
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Vultures preparing to swoop down
Saturday | via New York Business.com
Almost 600 apartment complexes across New York City face the threat of default. The Las Vegas Strip is lined with millions of square feet of faltering casino construction projects.
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Saturday | via The New York Observer
The financial history tour in 2004. It doesn't say much about our learning curve, but as frightening as all of this economic news seems, we've been through it all before.
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Friday | via The New York Times
AT its most generous, New York bestows a rare gift upon visitor and resident alike: it makes you feel young.
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Friday Oct 10 | via The Globe and Mail
Toronto architect Stephen Teeple has crafted a building style that bypasses the glass boxes and historical boxes that make up most new condos forms JOHN BENTLEY MAYS From Friday's Globe and Mail October 10, ...
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National Headlines
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Credit unions offer alternative to banks
6 min ago | via Akron Beacon Journal
While credit unions might not offer the breadth of services available at a bank, a greater degree of individual attention might be what some customers are looking for in the midst of a financial crisis.
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Watt, Cobb disagree on bailout plan
2 hrs ago | via <![CDATA[WSJ News]]>
U.S. Rep. Mel Watt, D-12th, said he voted for the $700 billion federal bailout plan for the financial industry to ease the credit crunch, so lenders will provide money to businesses and individuals.
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Animal lovers plan pet food pantry
Friday Oct 10 | via Cape Cod Times
The dramatic downturn in the economy could be rough on pets as more of them are being surrendered to shelters.
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13 min ago | via News.com.au
THE battered Australian share market rallied today, rising more than 5 per cent as investors gained confidence from the government's emergency plan to protect the nation's banking system from a global financial ...
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US House debate covers economy, business issues
17 min ago | via Montana's News Station
U.S. House candidates Cynthia Lummis and Gary Trauner debated the causes of the ongoing economic crisis and the concerns of small businesses at a forum held at the Wyoming Hospitality and Tourism Fall Summit.
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