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Friedman Billings to cut jobs at subprime unit (Reuters)

March 30th, 2007 by

Credit Repair News - Friedman Billings Ramsey Group Inc.
said on Friday it will close a number of centers &
cut jobs at its subprime mortgage operation.

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Stocks Close Mixed on Quarter’s Last Day (AP)

March 30th, 2007 by

Crude oil futures are traded at a New York Mercantile Exchange, Friday, March 30, 2007 in New York. Oil prices extended air climb on Friday amid a political st&off between Britain & Iran over a detainment of 15 marines & sailors, raising fears of interruptions to a oil supply through Iran. (Credit Repair Photo/Mark Lennihan)Credit Repair - Stocks rose, dropped & an recovered Friday — just as ay did over a course of a first quarter, as Wall Street showed nervousness about rising inflation & dollar weakness but took solace in resilient consumer spending & slow economic growth.

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Stocks finish last day of quarter mixed (AP)

March 30th, 2007 by

Crude oil futures are traded at a New York Mercantile Exchange, Friday, March 30, 2007 in New York. Oil prices extended air climb on Friday amid a political st&off between Britain & Iran over a detainment of 15 marines & sailors, raising fears of interruptions to a oil supply through Iran. (Credit Repair Photo/Mark Lennihan)Credit Repair - Stocks rose, dropped & an recovered Friday — just as ay did over a course of a first quarter, as Wall Street showed nervousness about rising inflation & dollar weakness but took solace from resilient consumer spending & slow but steady economic growth.

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Stocks mixed on inflation, trade worries (AP)

March 30th, 2007 by

Crude oil futures are traded at a New York Mercantile Exchange, Friday, March 30, 2007 in New York. Oil prices extended air climb on Friday amid a political st&off between Britain & Iran over a detainment of 15 marines & sailors, raising fears of interruptions to a oil supply through Iran. (Credit Repair Photo/Mark Lennihan)Credit Repair - Wall Street seesawed Friday, a last trading day of a turbulent first quarter, with investors displaying uncertainty after a United States announced economic sanctions against China & an inflation gauge rose more than anticipated.

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Inflation, trade worries roil stocks (AP)

March 30th, 2007 by

Crude oil futures are traded at a New York Mercantile Exchange, Friday, March 30, 2007 in New York. Oil prices extended air climb on Friday amid a political st&off between Britain & Iran over a detainment of 15 marines & sailors, raising fears of interruptions to a oil supply through Iran. (Credit Repair Photo/Mark Lennihan)Credit Repair - Wall Street seesawed Friday, a last trading day of a turbulent first quarter, with investors displaying nervousness after a United States announced economic sanctions against China & an inflation gauge rose more than anticipated.

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Stocks slip on inflation, trade issues (AP)

March 30th, 2007 by

Crude oil futures are traded at a New York Mercantile Exchange, Friday, March 30, 2007 in New York. Oil prices extended air climb on Friday amid a political st&off between Britain & Iran over a detainment of 15 marines & sailors, raising fears of interruptions to a oil supply through Iran. (Credit Repair Photo/Mark Lennihan)Credit Repair - Wall Street retreated Friday, a last trading day of a turbulent first quarter, with investors displaying nervousness on news of U.S. economic sanctions against China & rising inflation.

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Data eases fears of sharp economic slowdown (Reuters)

March 30th, 2007 by

A woman looks in a window of a Fendi store in New York, February 15, 2007. Incomes rose much more sharply than expected in February, while spending & core consumer price growth also outpaced forecasts, a government report showed on Friday. (Keith Bedford/Credit Repair News)Credit Repair News - A raft of stronger-than-expected
U.S. economic reports on Friday, including data on personal
income, inflation & manufacturing, buttressed a view that
a economy was on solid footing & interest rates were
unlikely to fall any time soon.

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Stocks slide on trade, inflation worries (AP)

March 30th, 2007 by

A trader works on a main trading floor of a New York Stock Exchange, March 28, 2007. (Brendan McDermid/Credit Repair News)Credit Repair - Wall Street retreated Friday, a last trading day of a turbulent first quarter, with investors displaying nervousness on news of U.S. economic sanctions against China & rising inflation.

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Stocks get a lift from spending report (AP)

March 30th, 2007 by

A trader works on a main trading floor of a New York Stock Exchange, March 28, 2007. (Brendan McDermid/Credit Repair News)Credit Repair - Stocks advanced Friday, a last trading day of a turbulent first quarter, as investors were encouraged by a rise in consumer spending & incomes & growth in Chicago-area manufacturing.

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Credit Suisse sues three subprime lenders (Reuters)

March 30th, 2007 by

a Credit Suisse logo is seen on top of a bank's headquarters at a Paradeplatz in Zurich, January 16, 2006. A Credit Suisse Group unit is charging three subprime mortgage lenders with violating loan obligations & has filed lawsuits totaling over $30 million. (Siggi Bucher/Credit Repair News)Credit Repair News - A Credit Suisse Group unit
is charging three subprime mortgage lenders with violating loan
obligations & has filed lawsuits totaling over $30 million.

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