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Oct 17, 2010

Foreclosure fiasco frustrates homeowners

DELRAY BEACH, Florida (Reuters) – Curtis Jones has fought for more than a year to keep his two-story townhouse in this beachside Florida city from being foreclosed.

Jones, a 49-year-old construction worker, feels like it is a one-sided fight.

“Nobody is willing to work with me. They just brush you off,” he said.

Oct 17, 2010

U.S. foreclosure fiasco frustrates homeowners

, Oct 17 (Reuters) – Curtis Jones has
fought for more than a year to keep his two-story townhouse in
this beachside Florida city from being foreclosed.

Jones, a 49-year-old construction worker, feels like it is
a one-sided fight.

“Nobody is willing to work with me. They just brush you
off,” he said.

Oct 8, 2010

Florida Ponzi schemer’s aide gets 10-year sentence

MIAMI, Oct 8 (Reuters) – An ex-aide of a Florida lawyer who
ran a $1.2 billion Ponzi scheme was sentenced to 10 years in
prison on Friday, the latest development in a high-profile case
that drew attention to investment fraud in the state.

Debra Villegas, former chief operating officer of a
now-defunct Fort Lauderdale law firm at the center of the case,
pleaded guilty to money laundering charges earlier this year.

Oct 6, 2010

Florida lawyer warns of deepening foreclosure mess

ROYAL PALM BEACH, Florida (Reuters) – A Florida lawyer at the forefront of legal challenges against foreclosure practices by mortgage lenders says the U.S. housing morass will drag on due to difficulty in determining who owns home loans.

Questions over practices in foreclosure procedures across the United States have forced at least three banks to temporarily halt their proceedings and prompted a growing chorus of calls by lawmakers and regulators for an industry-wide moratorium until problems are resolved.

Sep 29, 2010

Tropical Storm Nicole kills eight in Jamaica

MIAMI (Reuters) – Short-lived Tropical Storm Nicole triggered flash flooding that killed eight people in Jamaica and dumped heavy rain on Florida, Cuba, the Cayman Islands and the Bahamas on Wednesday.

The broad and ragged storm formed on Wednesday morning and dissipated Wednesday afternoon, and U.S. and Cuban meteorologists disagreed on whether it ever actually was a tropical storm at all.

Sep 29, 2010

Tropical Storm Nicole threatens Cuba, Bahamas

MIAMI (Reuters) – Tropical Storm Nicole formed in the northwest Caribbean Sea on Wednesday and could bring flooding rain to southern Florida, Cuba, the Cayman Islands, Jamaica and the Bahamas, the U.S. National Hurricane Center said.

Nicole was centered 120 miles east-southeast of Havana, Cuba and was moving northeast with top sustained winds near 40 mph.

Sep 20, 2010

World Bank says new Haiti textile park planned

MIAMI, Sept 20 (Reuters) – The World Bank’s development
financing arm and the governments of Haiti and the United
States signed an agreement on Monday with South Korean clothing
producer Sae-A to develop an industrial park and garment
manufacturing operation in Haiti.

The planned project will be one of the biggest new
manufacturing initiatives in Haiti following a Jan. 12
earthquake that killed up to 300,000 people and dealt a heavy
blow to the economy of the poor Caribbean country.

Sep 8, 2010

Florida pastor says going ahead with Koran burning

MIAMI (Reuters) – An obscure Christian pastor whose plan to burn copies of the Koran on September 11 has sparked an international outcry said on Wednesday he will still go ahead with the event despite U.S. official warnings it will endanger American troops in Afghanistan and Iraq.

Pastor Terry Jones, leader of a tiny, little-known Protestant church in Gainesville, Florida, which openly campaigns against what it calls “radical Islam,” is facing a barrage of calls from U.S. government, military and religious leaders, and from abroad, to cancel his plans to publicly burn Islam’s holy book.

Aug 27, 2010

U.S. seeks extradition of Caribbean Ponzi schemer

MIAMI, Aug 27 (Reuters) – U.S. authorities want to
extradite from the Turks and Caicos Islands a Jamaican banker
accused of running a Ponzi scheme that bilked investors out of
nearly $300 million in one of the Caribbean’s biggest financial
fraud cases, a law enforcement official said on Friday.

U.S. prosecutors have filed criminal charges against David
A. Smith, who is currently under investigation but on bail in
the Turks and Caicos, a British overseas territory.

Aug 23, 2010

Tiger Woods and wife divorce after sex scandal

MIAMI, Aug 23 (Reuters) – The world’s No. 1 golfer, Tiger
Woods, and his Swedish wife, Elin Nordegren, divorced on Monday
following the torrid sex scandal that engulfed Woods late last
year.

Woods, reputed to be the world’s wealthiest sports star,
and Nordegren, a former model and nanny, issued a statement
confirming the divorce, which had been widely anticipated for
months after his public confession of infidelity in a blaze of
publicity.