Boarded-up houses and abandoned dreams have turned parts of Cleveland into ghost towns. Cuyahoga County is still experiencing 1200 foreclosures every month, despite a federal mortgage rescue effort and determined efforts to stem the calamity and keep homeowners under roof. Cuyahoga County Treasurer Jim Rokakis and Cleveland City Councilman Tony Brancatelli join host Dick Feagler to discuss.
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Government Auction In The News- Hungary boosts bond sale after deficit pledgebackground) By Sandor Peto BUDAPEST, Sept 9 (Reuters) - Hungary sold more bonds than initially planned at an auction on Thursday as a pledge to cut its budget gap in 2011 boosted demand, but broader concern over its finances kept yields sharply higher […]
- Five companies permitted to test 4G networkThe test will be conducted within a year. After that, these firms will have to participate in the auction of 4G frequencies and then 4G licenses. According to the Telecommunications Law, they have the right to transfer the licenses after auction. The […]
- Dutch ministry publishes proposal on mobile communicationsExtract not available. […]
- Hungary ups bond sale, budget plan pushes down yieldsfrom debt agency and traders) By Sandor Peto BUDAPEST, Sept 9 (Reuters) - Hungary increased a sale of government bonds on Thursday by almost half due to strong demand after Budapest pledged to cut its budget deficit in 2011, while yields dipped slightly. […]
- Treasury to Auction More DebtThe US Treasury Department plans to auction $13 billion of 30-year bonds Thursday. Karen Olney from UBS considers whether there is a potential bond bubble being inflated […]
- ?400m from short-term bonds saleof Treasury Bills this morning. The yields, or the cost of borrowing the money, fell compared with an auction two weeks ago when more debt was offered. Treasury Bills, or T-Bills, are a way of securing short-term funding, and they must usually be re-paid […]
- NTMA sells E400m in short-term bondsThe National Treasury Management Agency (NTMA) today said it sold E400m in short-term bonds at auction at a smaller yield than two weeks ago when more debt was offered. Two Treasury Bill lines were offered in the auction with maturities of five months […]
- Bond yields hover below 6%The yield on 10-year Irish bonds fell this morning in the wake of the news that the Government plans to split Anglo Irish Bank into two units. By 11.47am, the yield on the 10-year bond was 5.989 per cent. The spread over the benchmark German bund […]
- Ireland sells 400 mln euros of Treasury billsGovernment will split Anglo Irish Bank in two (Sept. 8) Dollar pares losses after Fed's Beige Book (Sept. 8) European markets end higher; BP in focus (Sept. 8) Portugal sells […]
- Bond yields at 3-week low; auction result eyedSouth Korean central bank's unexpected decision to keep rates on hold. * The absence of a bond auction next week also supported demand for debt even as traders were awaiting the results of the 110-billion-rupee bond sale due after 2:30 a.m. for […]
- Hungary boosts bond sale after deficit pledge