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Deutsche Telekom just pulled the plug on sponsoring the T-Mobile cycling team, effective immediately. They've sponsored the same team since 1991, and explicitly stated that the decision was based on doping: "We arrived at this decision to separate our brand from further exposure from doping in sport and cycling specifically." More details at www.cyclingnews.com |
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Foreclosure wave sweeps America shares chilling details about the sub-prime mortgage problem. In Cleveland, Ohio, the "sub-prime capital of the United States", one in ten homes is vacant. Thousands of homes are vandalized and boarded-up. Crime is increasing as a direct consequence, and the city is now responsible for clean-up (demolishing abandoned homes) which will cost more than $100 million from taxpayer dollars. From January to August 2007 - just 8 months - there were 1.7 million foreclosure proceedings across the US. As many as 2 million families are expected to lose their homes over the next two years. This is also kinda interesting, stories from people who work in the mortage industry: US mortgage crisis: Readers' stories |
