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More schools 'using lottery system'
The Government's new school admissions code recommends lotteries as one way to stop middle-class parents buying their way into the most popular secondaries, giving poorer families a fair chance. Chief schools adjudicator Philip Hunter acknowledged that lotteries were likely to be "deeply unpopular" with articulate parents. But councils must act to prevent the most sought-after schools selecting pupils from wealthier backgrounds who are "easier to teach", he said. .
Foreclosures Soar to State Record
A desperate slashing of interest rates may ease some of the nation's economic jitters but may not be enough to stave off recession. It also probably won't provide an immediate fix for a deepening foreclosure crisis that has moved into uncharted territory in California, the Sacramento Bee reports. As the Federal Reserve announced a key interest-rate cut of three-quarters of a point Tuesday, new statistics showed that foreclosures and defaults during the fourth quarter of 2007 were the highest ever recorded in California. One analyst said it's likely that foreclosures will continue to climb. DataQuick Information Systems Inc. said foreclosures in California jumped to 31,676 in the quarter, the most since DataQuick began tracking those numbers in 1988. For the whole year, foreclosures rose sevenfold, to a total of 84,375.
Oraw, Smith seek city council spot
Graduate of Montana State University, Western College of Auctioneering and Pacific Lutheran Theological Seminary. Married to wife, Virginia Hanson, for over 36 years. Have two children, a daughter, Holly, married to Ryan Meagher, West Des Moines, Iowa, and a son, Joel, Minneapolis, and two grandchildren Alison and Logan Meagher.Work experience Oraw: Assistant Richland County Extension agent, executive vice president of the Sidney Chamber of Commerce, KGCX radio station manager, started Cal Oraw Auction Co. in 1973, general manager of Sidney Insurance/AIM and started Cal Oraw Insurance in 1993.
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Whitehouse and House Reach Agreement on Economic Stimulus Plan
Whitehouse and House Reach Agreement on Economic Stimulus Plan Fannie Mae CEO Daniel H. Mudd to Present at Citigroup's 2008 Financial Services Conference Stimulus Plan Includes GSE, FHA Loan Limit Increase -Aides - Dow Jones (FNM, FRE) Fannie Mae Redemption More News related to FNM .
Quebecor World unloads European business
Debt-laden commercial printing giant Quebecor World Inc. is retreating from Europe after 14 years, abandoning most of a continental empire that was largely assembled by its founder's son, Pierre-Karl Péladeau, who heads parent company Quebecor Inc. As it unveiled a third quarter loss of $315.1-million, or $2. .
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