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What is a Revocable Living Trust?

A Revocable Living Trust, also known as the Family trust or the Living trust is a legal document that holds ownership to your properties and assets. It is a written agreement that gives someone the responsibility to manage properties for the benefit of others. In order for the revocable trust to...

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Abbott Laboratories To Purchase Facet Biotech

Abbott Laboratories announced Tuesday plans to purchase Facet Biotech Corp. for the price of $450 million dollars. Abbott Laboratories located in North Chicago, Illinois and is one of the United States' largest drug and medical products companies. Abbott Labs will further the expanding field of...

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Alice In Wonderland Massive Opening Weekend

Alice In Wonderland" had a massive opening weekend and since it's Friday premiere, has earned over $116.1 million dollars. Directed by Tim Burton, the contemporary adaptation of Lewis Carroll's "Alice's Adventures in Wonderland" retells the story of Alice with a modern edge and Burton's sardonic,...

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What is Roquefort?

Roquefort is a kind of cheese. It is called “The King Of Cheeses, the Cheese of Kings”; of course, there are others who simply call it “that moldy, stinky cheese.” Both schools of thought are correct. Roquefort (named after a French village found in Aveyron) is a blue cheese, the “blue” referring...

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More Closings Bad News For U.S. Banks

More bad news for Banks within United States was announced this week. The Federal Deposit Insurance Corporation closed banks in Florida, Illionois, Maryland, and Utah. The total number of banks that have closed in the first quarter of 2010 adds up to 26. In 2009, the total number of banks closed...

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German Poker Tourney Burglarized

A German poker tournament, the 2010 Pokerstars.net EPT Berlin event, with a prize of 1 million euros (or $1.35 million dollars) was robbed at gun point Saturday. The competition was postponed immediately after the robbery which occurred at 2:30 p.m. local time. Up to six masked and armed men...

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Secret Millionare Grace Groner Leaves Lake Forest $7 Million

Secret millionaire Grace Groner passed away and left behind $7 million dollars to Lake Forest College. Grace Groner lived through the Great Depression and purchased $180 dollar stock purchase in 1935 which grew into a $7 million dollar investment. Groner lived exceptionally frugally, purchased...

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Marist College

The main campus of Marist College is located at 3399 North Road, Poughkeepsie, New York. It was founded in 1929 as a training ground for future Marist Brothers but stands today as a progressive college of the arts and sciences following the traditions of notable institutions which started out as...

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Race To The Top Finalists Announced

The "Race To The Top" finalists have been announced by the U.S. Department of Education. A pool of 41 applicants competed for over $4.35 billion dollars in school reform grants as part of President Obama's economic stimulus proposal. The U.S. Department of Education chose schools in: Colorado,...

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Prudential of Britain to Buy U.S. AIG

Prudential P.L.C. of Britain will buy American Internation Group's life insurance business in Asia. The agreement will cost Prudential $35.5 billion dollars. It will be the biggest repayment of the $!80 billion dollars the United States government used to bail out the failing A.I.G. The Federal...