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Banks Say They Expect Penalties From Foreclosure Probe

Three of the nation’s largest banks said Friday that they expect to be sanctioned by the U.S. government for their foreclosure practices, securities filings show.

The disclosures come on the heels of reports federal regulators are nearing a multi-billion dollar deal to settle allegations that the biggest banks abused borrowers and illegally foreclosed on homes.

[…]

Could A Small Nuclear War Reverse Global Warming?

Nuclear war is a bad thing.

Right?

Scientists from NASA and a number of other institutions have recently been modeling the effects of a war involving a hundred Hiroshima-level bombs, or 0.03 percent of the world’s current nuclear arsenal, according to National Geographic. The research suggests five million metric tons of black carbon would be […]

Auto Insurance Rates Decreasing

(Best Syndication News) Auto insurance rates have decreased this year and women continue to pay less. Nationally, rates have declined 5.6% reaching $675.

Californian’s pay more for insurance, according to a study by Insweb. The website reports that the median rate in the Golden State was $809. Since the median income is $46,892, Californians […]

William S. Lerach: Blame Wall Street, Not Hard Working Americans, for the Pension Funds Fiasco

The confrontations in Wisconsin and other states are the opening salvo of a political blame game — who is responsible for the gigantic public pension fund deficits that threaten states’ solvency and workers’ retirement savings? The conservative spin machine blames public employees, claiming their greedy unions extorted extravagant and now unaffordable benefits which justify pension […]

FOK News Channel, Keith Olbermann Website, Launches

Keith Olbermann’s new website, the ‘FOK News Channel,” launched on Friday night.

Olbermann had announced the impending debut of the site on Tuesday.

On the site, Fok News Channel is described as the “official not-for-profit blog of Keith Olbermann.” Olbermann’s first post was an online version of his “Worst Persons In The World” feature. He […]

John Roberts Talks Fox News, Kyra Phillips & Getting Away From The Anchor Desk

John Roberts doesn’t miss the anchor desk.

The former co-anchor of CNN’s “American Morning,” who recently jumped to Fox News, is now out on the road as the #1 cable news network’s senior reporter and loving it.

“The anchor desk is confining after a while,” Roberts told The Huffington Post by phone Thursday. He called […]

Kathleen Parker DROPPED From ‘Parker Spitzer’; ‘In The Arena,’ New Spitzer ‘Ensemble’ Show, Announced

Kathleen Parker has been dropped from “Parker Spitzer,” and the show is being replaced by a new show called “In The Arena,” the network announced Friday.

In a memo to staff, CNN President Ken Jautz said that “In The Arena” would be an “ensemble” show, with “several newsmakers, guests and contributors joining Eliot Spitzer each […]

UN Security Council takes up Libya sanctions – CNN International

CTV.ca UN Security Council takes up Libya sanctionsCNN InternationalBy the CNN Wire Staff United Nations (CNN) — The United Nations Security Council went behind closed doors Saturday in an urgent session to discuss sanctions against Libya amid Moammar Gadhafi's escalating crackdown on anti-government protesters. …Long Bread Lines and Open Revolt in Libya's CapitalNew York […]

Compromise offer would avert government shutdown

A week before a potential government shutdown, Senate Democrats reacted positively to an offer from House Republicans that would keep things running for two more weeks while cutting $4 billion.

William S. Lerach: Blame Wall Street, Not Hard Working Americans, for the Pension Funds Fiasco

The confrontations in Wisconsin and other states are the opening salvo of a political blame game — who is responsible for the gigantic public pension fund deficits that threaten states’ solvency and workers’ retirement savings? The conservative spin machine blames public employees, claiming their greedy unions extorted extravagant and now unaffordable benefits which justify pension […]