Illinois enters a state of insolvency

While it appears unlikely or even impossible for a state to hide out from creditors in Bankruptcy Court, Illinois appears to meet classic definitions of insolvency.

//www.chicagobusiness.com/cgi-bin/mag/article.pl?articleId=32910&seenIt=1



US housing starts unexpectedly fall in Dec

New U.S. housing starts unexpectedly fell in December, pulled down by a drop in construction activity for single-family dwellings, a government report showed on Wednesday.

//www.reuters.com/article/idUSN1922552820100120



U.S. Housing Starts Down 39% in 2009

For the full year, housing starts were down 38% to an estimated 553,800 housing units versus the 2008 figure of 905,500.

//www.economicpolicyjournal.com/2010/01/us-housing-starts-down-39-in-2009.html


From Information Clearing House



//freepage.twoday.net/search?q=insolvency
//freepage.twoday.net/search?q=housing

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