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Debts increase as consumers fall further behind (AP)
AP - The numbers continue to be troubling. Reports released by credit reporting agency TransUnion for the third quarter suggest the personal financial situation for many consumers is deteriorating as they fall further behind on credit cards, auto loans, and mortgage payments:
yahoo.com

SEC chief: Internal review could mean agency changes
Trying to contain the damage from what appears to be a major fumbling by the Securities and Exchange Commission, Chairman Christopher Cox says he will consider changing how the agency examines investment funds if an internal review finds that regulators dropped the ball.
Market Watch

Dem official: Obama taps Mary Schapiro to head SEC
President-elect Barack Obama has chosen a veteran of the Securities and Exchange Commission to lead and revitalize the agency now facing growing criticism for its failure to protect investors at a time of unprecedented market turmoil. A Democratic official...
San Francisco Chronicle

SEC Criticized For Allowing Madoff Fraud
Disgraced investor Bernard Madoff is out on bail but must observe a curfew and wear a monitoring bracelet. Meanwhile, the SEC chairman admits repeated failures at his agency to investigate the fraudulent money manager.
CBS News

WorldLink to sell ads on Fox
Business News: 'Weekend Marketplace' block to air Saturdays -- Fox has tapped advertising sales firm WorldLink to handle its new Saturday morning infomercial block.
Variety

Brooke Holdings, INC: Brooke Founder Declares Bankruptcy Trying to Save Companies
PHILLIPSBURG, KS (MARKET WIRE) Robert Orr filed personal bankruptcy yesterday after pledging his family fortune trying to save Brooke Capital Corporation and Aleritas Capital Corp. Brooke Capital was an insurance agency franchisor and a public company (AMEX: BCP) of which Orr's family indirectly owned approximately 30%. Aleritas was a finance company specializing in insurance lending and a public company (OTCBB: ARTA) of which Orr's family indirectly owned approximately 29%.
Marketwire.com

LANE PR: LANE PR Recommends Heating Up Marketing Efforts in a Cooling Economy
PORTLAND, OR (MARKET WIRE) Portland, Ore.-based public relations agency LANE PR has prepared recommendations for businesses looking to reevaluate marketing strategies as the National Bureau of Economic Research declares a recession.
Marketwire.com

MajescoMastek: Island Insurance Selects MajescoMastek`s STG Billing System
NEW YORK, NY (MARKET WIRE) MajescoMastek, the U.S. subsidiary of global technology solutions provider Mastek Limited (NSE: MASTEK), today announced that Hawaii-based Island Insurance Company has chosen its STG Billing System to support their direct and agency billing lines of business. Through this agreement, MajescoMastek's STG Billing System will be used to streamline, consolidate and centralize Island's Direct Billing needs. Agency billing will be addressed in a second phase.
Marketwire.com

Brown & Brown, Inc. Announces the Asset Acquisition of Charter Insurance Services, Inc.
DAYTONA BEACH, FL and TAMPA, FL--(Marketwire - December 17, 2008) - Kenneth D. Kirk, RegionalPresident of Brown & Brown, Inc. (NYSE: BRO), and Helen J. Wertheim,President of Charter Insurance Services, Inc. of Albuquerque, New Mexico,announce the asset acquisition of Charter Insurance Services, Inc. by asubsidiary of Brown & Brown, Inc.Charter Insurance Services, Inc., with annualized revenues of approximately$1.1 million, focuses on property & casualty insurance for individuals andbusinesses in Albuquerque, New Mexico and throughout the united states.Helen Wertheim and her team will combine their agency operations with thatof Brown & Brown's existing Albuquerque office, under the leadership ofScott Jones.
Marketwire

Bills for NIA, terror law change get LS nod
The two Bills for setting up a National Investigation Agency and amending the law to deal with terrorism effectively were passed by the Lok Sabha on Wednesday, with the government asserting that a balance of requirement of law and human rights had been ensured in these measures.
The Financial Express

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