Oct. 5 (Bloomberg) -- Citigroup Inc. and Ally Financial Inc. units were sued by homeowners in Kentucky for allegedly conspiring with Mortgage Electronic Registration Systems Inc. to falsely foreclose on loans. The lawsuit, filed as a civil racketeering class action, claims that through MERS the banks are foreclosing on homes even when they don't hold titles to the properties. Bloomberg's Monica Bertran reports. (Source: Bloomberg)
Wednesday, October 6, 2010
Gold Hits another Record High
Gold hit another record high Wednesday. James Turk, chairman and founder of Goldmoney joined CNBC for more.
Peter Hambro, Gold May Reach $1,500 an Ounce by Christmas, Then Much Higher
Oct. 5 (Bloomberg) -- Peter Hambro, chairman of Petropavlovsk Plc, a gold and iron ore mining and exploration company in Russia, talks about the outlook for gold prices. Hambro, speaking from Moscow, also discusses plans to sell shares in IRC Ltd., the company's iron-ore unit in an initial public offering. He speaks with Maryam Nemazee on Bloomberg Television's "Countdown."
Subscribe to:
Posts (Atom)
