"BLOODLINE": Market Down , another great day for your 401k

Tuesday, December 4, 2007

Market Down , another great day for your 401k

Stocks dipped Tuesday as investors awaiting next week's Federal Reserve meeting remained uneasy that fallout from the sinking housing market could bring more bank losses and pull the economy into recession

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Sperm Donor Ordered to Pay Child Support for 18-Year-Old

A New York doctor who donated his sperm to help a gay colleague conceive has been ordered to pay child support for the boy, now an 18-year-old living in Oregon, the New York Post reported Sunday.
The donor was a married doctor at a Long Island hospital in the late 1980s when he donated his sperm to a female hospital resident who was trying to have a baby with her lesbian partner, the Post reported. Although the donor gave up all claims and rights to the child, he allowed his name to be put on the birth certificate.

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Reggie Bush's Heisman Trophy in peril

Nearly two years after Reggie Bush won the Heisman Trophy, a book detailing improper benefits he allegedly received while playing for the University of Southern California and his relationship with the financiers of a fledgling sports marketing company could further damage his chances of keeping the most prestigious award in college sports.
The book, "Tarnished Heisman" by Don Yaeger and Jim Henry, published by Simon & Schuster, will include transcripts of recorded conversations that contain Bush acknowledging he owed money to the financiers of New Era Sports & Entertainment. Lloyd Lake and Michael Michaels of New Era planned to feature Bush as their marquee client to launch their marketing agency. The business failed after Bush sought representation elsewhere
The book will be released in mid-January.
Meanwhile, the NCAA interviewed three people this week who claim knowledge of the approximately $300,000 in cash and other benefits allegedly given to Bush by Lake and Michaels. The benefits included Bush's family living rent-free in a new home in a San Diego suburb for one year. Bush also allegedly received money for a car, spending money and had hotel stays paid for. Other allegations include furniture being purchased for the Bush family, travel expenses paid and free dinners provided.

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Tuesday, December 4, 2007

Market Down , another great day for your 401k

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Reggie Bush's Heisman Trophy in peril

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