Bank Gives Failed Flipper Foreclosed House For Free

Bank Gives Failed Flipper Foreclosed House For Free

A guy who deserves no breaks at all, a speculator who jumped onto the house-flipping craze just before the music stopped, just got a huge one. Instead of making the final stroke to finish foreclosing on his house, the bank decided to write off the loan and just give it to him for free instead. [More]

Gas Prices On The Rise For No Good Reason

Gas Prices On The Rise For No Good Reason

Several states are reporting this morning that average gas prices have crept up slightly, despite the fact that oil consumption has dropped and refiners are operating below capacity. The Miami Herald blames the price creep on Wall Street speculators who are optimistic that the economy is getting better, which in turn will lead to increased gas consumption. [More]