Hurricane Irene Threatens Over 1,874,000 Atlantic Coast Properties for Potential Storm Surge Flooding

Based on CoreLogic’s property data for the 12 major coastal metro areas included in the National Oceanic and Atmospheric Association (NOAA) hurricane Irene cone of concern, an estimated 1,874,794 properties are at potential risk of storm surge flooding. Long Island and New York
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Allstate sues Goldman Sachs over toxic investments (AP)

AP – Allstate Corp. is suing Goldman Sachs Group Inc. claiming the broker fraudulently sold it more than $ 123 million in mortgage-backed securities in 2006 and 2007, before the housing market collapse sent the investments’ value plunging. Yahoo! News: Business News
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Allstate sues Goldman over mortgage debt losses (Reuters)

Reuters – Allstate Corp on Monday sued Goldman Sachs Group Inc , accusing the Wall Street bank of causing losses by hiding the risks more than $ 123 million of mortgage securities it bought. Yahoo! News: Business News
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