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To: MythMan who wrote (357205)2/11/2008 6:44:45 PM
From: oldirtybastard  Respond to of 436258
 
Spree did, time for him to join pacman jones in pro wrestling

sports.espn.go.com

MILWAUKEE -- Former NBA star Latrell Sprewell's home is up for foreclosure and his yacht sold at auction to help pay off the $1.3 million he owes on the boat, according to court filings.

Sprewell, who once turned down a three-year,$21 million contract extension saying, "I've got my family to feed," has apparently fallen on tough times.

RBS Citizens NA, or Citizens Bank, filed a foreclosure suit last week in Milwaukee County for the $405,000 home Sprewell bought in the Milwaukee suburb of River Hills in 1994.

In court documents, the bank said Sprewell owed $295,138 in outstanding payments plus interest.

Sprewell failed to make his mortgage payments of $2,593 per month from September 2007 to January 2008, the documents said.



To: MythMan who wrote (357205)2/11/2008 6:45:29 PM
From: Real Man  Respond to of 436258
 
No. Neither up nor down. -g-



To: MythMan who wrote (357205)2/11/2008 6:46:29 PM
From: Giordano Bruno  Read Replies (1) | Respond to of 436258
 
WASHINGTON (FMLiveWire) - The Federal Deposit Insurance Corporation (FDIC) has begun a "death watch" on dozens of failing US banks which are drowning in their own debts and piles of worthless subprime, derivative and other investments.

"The FDIC has never supervised a bank failure with more than 175,000 accounts," an FDIC spokesman stated. "So the avalanche of bank failures we anticipate starting this year will challenge us to repay millions upon millions of depositors, making our job pretty well impossible."

The spokesman indicated the only way to pay anyone out of FDIC proceeds is to reduce insured deposits from $100,000 to $10,000 or less which is about all the FDIC fund could afford.

But acting with several American corporations, the FDIC will also give away vouchers entitling those who have lost their life savings to an added bonus of up to 10 free McDonald's hamburgers or up to 20 free Tacos at Taco Bell.

"There's going to be an unprecedented wave of bank closures in the US and the only way to hold on to your life savings is to invest in gold and silver," added the spokesman. "The situation is deteriorating very quickly."

A spokesman at Taco Bell stated that their company is "thrilled to become an integral part of the FDIC program. It is our patriotic duty."

"Tacos are nutritious and we will help put those losers back on their feet," she added.



To: MythMan who wrote (357205)2/11/2008 7:28:20 PM
From: Real Man  Respond to of 436258
 
Message 24302682
We crash on Wednesday, DOWN. -ggg-