Bad Credit Mortgage Loan Wisconsin

Kenneth Lay Dies of Heart Disease at 64

HOUSTON -- Enron Corp. founder Kenneth Lay gave his role in the scandal that enveloped him and his company the most final ending possible.

The ever-optimistic former business visionary whose reputation shattered in 2001 along with the one-time energy trading giant faced decades in prison _ essentially a life sentence for someone a year away from qualifying for Medicare.

US: N. Korea zone can‘t be in trade deal

SEOUL, South Korea - Including North Korean-made goods in a proposed South Korea -U.S. free trade agreement is impossible as Washington lacks authority to do so, a top U.S. Commerce Department official said Monday.

Seoul is pushing hard for goods made at Kaesong Industrial Complex, a zone just across the border in communist North Korea where about a dozen South Korean companies have factories employing cheap local labor, to be covered by the free trade agreement.

Lavin later told reporters that the U.S. opposition to including the goods produced at the Kaesong complex was unrelated to broader U.S. concerns about North Korea, such as its missile tests, nuclear program and allegations its counterfeits U.S. currency and engages in other illicit activities.

If successful, a deal between Seoul and Washington deal would be the biggest for the United States since the North American Free Trade Agreement, or NAFTA, in 1993.

No matter what type of default, the risks are high

Auckland, 1 August 2006 - New research shows that consumers who default on low value amounts (below $500) and/or on non-bank credit are a higher risk of defaulting on larger amounts and traditional credit types. This dispels a common presumption on which consumer credit is currently assessed and granted in New Zealand. The research, from the Dun &Bradstreet (D&B) Consumer Credit Bureau, sought to examine a strong perception that low value or non-bank defaults should not be considered of the same importance as high value or bank defaults when assessing credit applications and risk.

D&B’s research, focused on telecommunications debt in New Zealand and Australia, resulted in two key findings:

- Consumers with telecommunications only defaults are a higher risk than all other default categories; and

- Consumers defaulting on amounts less than $500 are more likely to default on any value credit line in the next 12 to 24 months.

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