Archive for August, 2009

Families Impacted by Schools in Crisis

Follow the emotional rollercoaster one metro mom experiences in just one day as she tries to hold it together for her homeless family.


ANZ profit hit as bad debts soar

ANZ National Bank bank profits have slid further as the number of bad and doubtful debts accelerates alongside the higher cost of settling with ING investors.


ANZ profit hit as bad debts soar

ANZ National Bank bank profits have slid further as the number of bad and doubtful debts accelerates alongside the higher cost of settling with ING investors.


Dillon Hospital to have 2 stories, 18 beds

DILLON — Barrett Hospital officials in Dillon are moving forward on the design of a new $34 million hospital that is slated to begin being built next year.


NEW LOCAL: DeRosa arraignment moved again

Nicholas DeRosa’s arraignment in a mortgage fraud case has been moved a second time. A federal grand jury indicted the retired New Castle school administrator on one count of bank fraud, two counts of mail fraud and one count of money laundering conspiracy.


Bond Report: Treasurys regain footing; head for monthly gain

Treasurys are mostly higher, sending yields lower, as another rout in stocks in Shanghai led investors to seek the safety of government bonds.


A.M. Best Special Report: Life Insurers’ 2008 Liquidity Returns to 2006 Levels

OLDWICK, N.J.—-The year 2008 was marked by sharp equity declines, high volatility and increased spreads of most asset classes when compared with U.S. Treasury securities


Watching Fannie and Freddie, Part 5

Revenue at these government-sponsored enterprises has risen very sharply.


Q+A with Susan Tompor

QUESTION: My house is paid in full, but I have a closed-end home equity loan that I took out in 2007 for $73,500 at 6.75%.


Morris and Sussex partner to build Habitat housing

Bank donates $7,500 toward building STANHOPE Morris Habitat for Humanity is collaborating with Sussex County Habitat for Humanity on a new, environmentally friendly, four-unit affordable residential dwelling to be built and sold to four low-income families.