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Keyword: backruptcy

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  • Robert Citron, treasurer at center of O.C. bankruptcy, dies

    01/18/2013 11:56:43 AM PST · by EveningStar · 5 replies
    Los Angeles Times ^ | January 16, 2013 | Scott Reckard and Shelby Grad
    Robert L. Citron, the soft-spoken Orange County treasurer whose bad bets on exotic Wall Street investments resulted in what in 1994 was the largest municipal bankruptcy in U.S. history, died Wednesday ... A grand jury investigation would later find that Citron, who over the years won so many awards for his investment skills, relied upon a mail-order astrologer and a psychic for interest rate predictions as the county's treasury began to falter ...
  • New Home Sales Dipped 4.5 Percent in Oct

    11/26/2002 7:56:43 AM PST · by arete · 13 replies · 132+ views
    MSN Money/CNBC/Reuters ^ | November 26, 2002 10:32:00 AM ET | Staff
    WASHINGTON (Reuters) - Sales of new U.S. homes slipped in October from their record-setting September pace, dipping 4.5 percent but remaining at a very strong rate as homebuyers continued to be wooed by low mortgage interest rates, the government said on Tuesday. The Commerce Department said home sales fell to a seasonally adjusted annual rate of 1.007 million units. While that was down from the upwardly revised record of 1.054 million set in September, it was still the third best showing on record. Sales in September had initially been reported at a 1.021 million pace. Wall Street analysts had expected...