CSBJ Daily

A week of sunny skies, an organized event team and a red-carpet welcome from the five-star Broadmoor hotel are all contributing to what organizers believe will be a historic U.S. Senior Open golf tournament.
An estimated 150,000 people were anticipated to be on hand for the five-day event, but now Broadmoor President Steve […]

Wells Fargo, with $63 billion in second quarter mortgage originations, was the top residential lender in the country during second quarter 2008.
Troubled Countrywide Financial Corp., which has typically ranked No. 1, was vulnerable as it scaled back operations as an independent company. Its second-quarter loan production fell to less than $60 […]

A year after the subprime market crisis erupted in the United States, triggering financial market turmoil around the world, global financial markets continue to be fragile, say International Monetary Fund officials.
In a statement released today they said that “systemic risks” to the financial system “remain elevated.”
“Credit quality across many loan classes […]

Health care is only going to get more expensive.
That’s the news from a PricewaterhouseCoopers report that predicts a 9.9 percent increase in costs this year and a 9.6 percent increase during 2009.
Cost-shifting for uncompensated care and a boom in hospital construction are two reasons given for the increase.
Cost-shifting is predicted to account […]