Newport BeachNews and information about Newport Beach, California.Top Sports Stories - Edmonton Journal- September 16, 2008 EDMONTON -- Dustin Penner spent his summer days in California juggling tennis balls as part of his off-season training, after juggling questions early last season about the oppressive weight of his five-year, $21.25-million Edmonton Oilers contract ...http://www.canada.com/edmontonjournal/news/sports/oilers/story.html?id=4de69b46-3fde-46cb-... Bill Gross's Fund Guaranteed $760 Million of AIG Debt (Update1) - Bloomberg- September 16, 2008 Sept. 16 (Bloomberg) -- Bill Gross , manager of the world's largest bond fund, guaranteed $760 million of debt issued by American International Group Inc. as of June 30, obligations that may prove costly if the insurer fails to stay afloat. Pimco ...http://www.bloomberg.com/apps/news?pid=20601103&sid=asOQwg7vtHQg&refer=us Frank Says U.S. May Consider Setting Up Agency to Buy Bad Debt - Bloomberg- September 16, 2008 Sept. 16 (Bloomberg) -- House Financial Services Committee Chairman Barney Frank said financial market turmoil is likely to force Congress and the administration to consider whether the U.S. government should buy distressed debt and mortgages. The ...http://bloomberg.com/apps/news?pid=20601110&sid=aem9rlTuEM9g Annual cleanup to close street Saturday morning - Daily Pilot- September 16, 2008 Back Bay Drive in Newport Beach will be closed from 8:30 a.m. to 12:30 p.m. Saturday for the annual Upper Newport Bay cleanup, authorities said. The 24th annual California Coastal Cleanup Day sponsored by the California Coastal Commission will bring ...http://www.dailypilot.com/articles/2008/09/17/publicsafety/dpt-cleanup091708.txt America's Surprising Foreclosure Hot Spots - Forbes- September 16, 2008 The crisis on Wall Street is shrinking net worths and erasing nest eggs. Next on the block: multimillion-dollar homes. In some of America's wealthiest spots, that's already happening. According to RealtyTrac, an Irvine, Calif.-based listing firm that ...http://www.forbes.com/lifestyle/2008/09/16/foreclosures-luxury-zip-forbeslife-cx_ls_0916re... Wildcards, forecast announced for Oakley Newport events - Surfers Village- September 15, 2008 Surfersvillage Global Surf News , 15 September, 2008 : - - Newport Beach -- Oakley today announced the wildcards and swell forecast for the Association of Surfing Professionals (ASP) World Qualifying Series (WQS) 2-Star Oakley Newport Beach Pro ...http://www.surfersvillage.com/surfing/36386/news.htm VAI Unveils S2K 5.0 Enterprise Management Software Solution for the ... - Forbes- September 15, 2008 VAI (Vormittag Associates, Inc.) (http:www.vai.net), a leader in enterprise management solutions for the mid-market, and an IBM Premier Business Partner, today unveiled version 5.0 of its S2K Enterprise Management Software solution. S2K 5.0 is a ...http://www.forbes.com/businesswire/feeds/businesswire/2008/09/15/businesswire2008091500597... Derivatives market trades on Sunday to cut Lehman risk - Reuters- September 14, 2008 NEW YORK (Reuters) - A rare emergency trading session opened Sunday afternoon to allow Wall Street dealers in the $455 trillion derivatives market reduce their exposure to a potential bankruptcy filing by Lehman Brothers. U.S. regulators and bankers ...http://www.reuters.com/article/ousiv/idUSN1444498020080914 |