60 Minutes Creator Passes Away After Cancer Battle

August 20, 2009


CBS newsman Don Hewitt has died from pancreatic cancer.
Press Release Service – Wired PR News – News producer and executive Don Hewitt has died at the age of 86. As reported by the Associated Press (AP), Hewitt passed away Wednesday from pancreatic cancer at his home in Bridgehampton.
Hewitt is most noted for creating the long […]

Luxury Home Owners Atop Financial Time Bomb as “Option Pay” Adjustable Rate Mortgages Reset

June 4, 2009


Millions Stretched Themselves Financially, Face Painful Adjustment, Default, Foreclosure - as Payments on Adjustable Rate Mortgages Reset.
Newport Beach, Calif. (WiredPRNews.com) — Adjustable rate mortgages (Pay Option ARM’s) were widely used in the hot housing market of recent years. Many households that took advantage of “Option Pay” loans or “teaser rate” loans – types of adjustable […]

Recession May Be Over This Year - Chairman Federal Reserve

March 16, 2009


The recession may end in 2009 according to observations by the Chairman of the Federal Reserve.
Wired PR News – The recession may come to an end earlier than many previously anticipated. As reported by the Associated Press (AP), Federal Reserve Chairman Ben Bernanke stated in an interview on Sunday that if the government could successfully […]

 
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