Free Republic

Officials at the CNE are offering tickets at a bargain price for this afternoon's speech by former U.S. president Bill Clinton at BMO Field, after only a third of available tickets were sold as of late Friday. Only 7,200 of the 20,000 available tickets have been sold for Clinton's speech, which will be entitled "Embracing our common humanity." In an attempt to fill seats, CNE organizers have announced that spectators can pay an extra $5 on top of the $15 admission fee to the Ex to gain entry to Clinton's speech. There is a $2.50 handling fee, as well. "President...

Volume of 'subdivision' vacant lots overwhelms banks Some fire-sale prices on have dipped to 20 to 30 cents on the dollar By Paul Donsky The Atlanta Journal-Constitution 12:00 p.m. Saturday, August 8, 2009 You think it’s hard selling a house these days? Try unloading a subdivision. And not just any subdivision, but one with few if any completed homes and a weedy patch where the swim-and-tennis center was planned. That’s the reality many Georgia banks find themselves in amid a foreclosure crisis that has claimed not only individual homes but also entire failed developments. These idled, “zombie” subdivisions can be...

New cars undercut used models as industry tries to move metal By John Reed, Motor Industry Correspondent Published: April 9 2009 03:00 | Last updated: April 9 2009 03:00 In one of the most striking signs yet of the conflicting pressures buffeting the auto industry, some new cars are now selling more cheaply than used vehicles. A shortage of good-quality used cars combined with aggressive discounts offered on many new ones by retailers and manufacturers now mean that some new cars can be had for as much as £1,000 less than used ones in good condition.

U.S. Treasury Secretary Henry Paulson said on Sunday he supported this weekend's actions by market participants, the Federal Reserve and the Securities and Exchange Commission to strengthen and enhance financial market stability.

South Africa: Anglogold Seeks 100 Percent of Cripple Creek15 January 2008Charlotte Mathews   GLOBAL gold producer AngloGold Ashanti was offering to buy Golden Cycle Corporation, its co-shareholder in the Cripple Creek & Victor Gold Mining Company in the US, for $149m in shares, the companies said yesterday. The transaction would increase AngloGold's ownership to 100% of Cripple Creek, its only US operation, from 67% previously, although it had a 100% interest in the mine's production until the initial loan it made to the joint venture was repaid. At the end of September the outstanding value of the loan was...

[Wal-Mart] Wednesday said it would start its Black Friday and holiday pricing early on some items, in a move to drive sales during the increasingly competitive holiday shopping season. Wal-Mart, the world's largest retailer, said it will offer Black-Friday prices three weeks early by unveiling "secret" in-store specials. The company said it will offer discounts on five popular gift items. Wal-Mart plans to reveal discounts on its Web site on Thursday. The items will be available in stores beginning Friday morning, Nov. 2 as it officially opens its special Christmas shops. The day after Thanksgiving is one of the biggest...

THE world’s largest garage sale is to be held in California, with everything from impounded cars to old espresso machines going on the block, in the latest effort by Arnold Schwarzenegger, the governor, to solve the Golden State’s budget crisis. The housekeeping exercise, expected to raise tens of millions of dollars for California’s central coffers, is part of the former Mr Universe’s pledge to make the cash-starved state more efficient. According to Fred Aguiar, secretary of California’s State and Consumer Services Agency, the state leases warehouses that are stacked with giant crates, each one filled with surplus state goods, most...