Archive for October, 2007

Bank of America stops wholesale lending

Bank of America published yesterday it will exit offering its consumer home mortgages through brokers by the end of 2007.
Result are Bank of America job cuts and lay offs of 700 jobs.
Just on Wednesday the U.S. bank announced cuts of 3000 jobs due to a poor quarter in investment banking.
There was 32% drop in quarterly [...]

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California Wildfires: San Diego - Malibu

California wildfires are threatening many homes in Malibu, San Diego and Ramona area.
Thousands have been forced and ordered to evacuate from theit homes.
Stronger than usual Santa Ana winds and dry ground fuels the California wildfires.
Still out of control they are burning up countless acres and buildings in southern California.

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Orion Meteor Shower in October

The ‘Orionids‘, the meteor shower on October 21. 2007 will provide some good hours to watch.
It is expected that the Orionids could be seen better than normally this year, with possibly a score of meteors per hour visible at the peak looking east.
The waxing gibbous Moon sets by 0:30am - 2:30am, leaving a darker sky [...]

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