Kellogg Plant Flood Triggers Eggo Waffle Shortage – Bloomberg
The scarcity was triggered by September’s floods in the southeastern U.S., which temporarily closed an Atlanta waffle factory, as well as by equipment problems at the company’s largest waffle plant, in Rossville, Tennessee…
How Does the ‘09 Rally Stack Up Against ‘82 Bull Market? – The Big Picture, Barry Ritholtz
S.F. home value drop, jobless drain city budget – The San Francisco Chronicle
California faces a projected deficit of $21 billion – The Los Angeles Times
Less than four months after California leaders stitched together a patchwork budget, a projected deficit of nearly $21 billion already looms over Sacramento, according to a report to be released today by the chief budget analyst.
Philadelphia Gives Homeowners a Way to Stay Put – The New York Times
Under the rules adopted by Philadelphia’s primary civil court, no owner-occupied house may be foreclosed on and sold by the sheriff’s office before a “conciliation conference,” a face-to-face meeting between the homeowner and the lender aimed at striking a workable compromise. Every homeowner facing a default filing is furnished with counseling, and sometimes legal representation.
