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On a Chicken Wing and a Prayer
Times Staff WriterPHILADELPHIA — It was 8 a.m. Breakfast was served: several hundred pounds of congealed chicken wings. Tepid. With mild sauce. About two dozen hungry men attacked the wings — tearing at the meat, their faces smeared with orange sauce....Tags: Mardi Gras, Philadelphia Eagles, Benjamin Franklin, Documentary (genre), Multi-Sport Events
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Taxpayers not planning rebate spending spree
Los Angeles Times Staff WriterMost Americans are planning to use their stimulus rebate checks to pay down existing debt or add to their savings, not to fuel the kind of consumer spending that would bolster the economy, a new Los Angeles Times/Bloomberg poll has found. Only 18% of...Tags: National Government, Politics, George W. Bush, Democratic Party, Republican Party
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Adjustable loans spur new worries
Los Angeles Times Staff WriterThe no-worries lending that inflated the housing bubble is resulting in a flood of soured option-ARM loans, adjustable-rate mortgages that allow borrowers to pay so little every month that their loan balances rise rather than fall, sometimes sharply....Tags: Housing Industry, Metal and Mineral, Loans, Economy, Business and Finance, IndyMac Bancorp Inc.
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Anti-billboard activists target multi-story 'supergraphics'
Los Angeles Times Staff WriterAnti-billboard activists have a new target: multi-story "supergraphic" signs plastered illegally on about three dozen buildings citywide. A handful of West Los Angeles activists joined City Councilman Jack Weiss on West Pico Boulevard at Overland...Tags: Gap Inc., Politics, Freedom of the Press, Activism, Jack Weiss
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U.S. home prices fall by a record in October
U.S. home prices fell in October for the 10th consecutive month, posting their largest monthly drop since early 1991, a widely watched index showed today. The record 6.7 percent drop in the Standard & Poor's/Case-Shiller home price index also marked...Tags: Prices, Homes, Charlotte, Family, Economic Indicator
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McCain or Obama: Who's best for the economy?
Today's question: What polices have Obama and McCain presented that would help fix the financial mess? Would any of their plans damage the U.S. economy? Previously, Foster and Kuttner debated the state of the economy and Congress' rejection of the bailout...Tags: Productivity, Economy, Business and Finance, Henry Paulson, Franklin Delano Roosevelt, Democratic Party
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PASSINGS
Albert L. Greene Hospital president Albert L. Greene, 59, president and chief executive of Valley Presbyterian Hospital in Van Nuys since 2006, died Thursday at his home in Calabasas. He was diagnosed with pancreatic cancer in June, the hospital...Tags: A Chorus Line (musical), Diseases and Illnesses, Career and Workplace, Broadway Theater, Edward Albee
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Cellphones may make wallets obsolete
Los Angeles Times Staff WriterEver write a check while shopping and sweat over whether the check would clear? A growing number of banks are offering a new and fairly painless way to eliminate the guesswork. The solution fits in your pocket. Eight of the 10 biggest U.S. banks now...Tags: Economy, Business and Finance, Gaming, Computing and Information Technology Industry, Banking, Bank of America Corp.
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A rush to pull out cash
Los Angeles Times Staff WritersAnxious customers jammed the phone lines and website of Countrywide Bank and crowded its branch offices to pull out their savings because of concerns about the financial problems of the mortgage lender that owns the bank. Countrywide Financial Corp., the...Tags: Countrywide Financial Corp., Loans, Economy, Business and Finance, Finance, Banking
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Offer: Lousy credit? Buy somebody else's
Los Angeles Times Staff WriterThe Bush administration came up with one fix for some sub-prime borrowers who are in trouble. A San Diego company offers another: Buy a better credit score. With one or more of the "seasoned primary accounts" that TradeLine Solutions Inc. began selling...Tags: Justice System, Crime, Law and Justice, Finance, Lawyers, Fraud
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Surveillance photos of alleged 'Chatty Bandit' released
Los Angeles Times Staff WriterLaw enforcement officers today were searching for a man they say has robbed three South Orange County banks in the last month. The Orange County Sheriff's Department today released bank surveillance photographs of a suspect dubbed the "Chatty Bandit,"...Tags: Politics, Crime, Law and Justice, Bank Robbery, Theft, Political Systems
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