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Captains of the state’s retirement, health care and education systems round out the top 10 highest paid employees in the 2008 Journal of Salaries, an annual list of all positions created by state statute.
The only other top earner with a salary of more than $200,000 is Dr. Don Williamson, the state health officer. Williamson earns [...]

Once upon a time, Garth Turner told a Toronto real estate industry luncheon that the local property-buying frenzy and soaring prices were doomed. Arguing that average families could no longer afford average house prices, he declared a correction inevitable, if not at hand.It was 1987, and for his bluntness, the then-business editor of the Toronto [...]

Feb. 13 (Bloomberg) — When Mary Kamanu paid $409,000 for a
house in Folsom, California, she never imagined that three years
later it would be worth about 20 percent less and she would have
to pay the bank more than $80,000 just to sell the place. [...]

Jan. 14 (Bloomberg) — Citigroup Inc., Bank of America Corp.
and Merrill Lynch %26amp; Co. may report their worst-ever quarter,
beset by $35 billion of writedowns that threaten to crimp profit
through 2008.
The losses [...]