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The Chimney Company
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BusinessWeek - After five fruitless years of seeking a mortgage in Riyadh, 28-year-old Abdulaziz Al-Salem has some advice for his peers: forget it.
AddressNew Orleans, LA 70115-
Phone(504) 896-7334
4 arrested in teen's death at Ga. house party (AP)
AP - A teenager was stomped, kicked and punched to death at a weekend house party after police say he walked by a group who decided to pounce on the next person who passed by. Four have been charged with murder.

AP - The man accused of kidnapping Elizabeth Smart in 2002 was influenced by an escalating mental illness and extreme religious beliefs, his lawyer told jurors Monday at the start of his federal trial.

AP - A Connecticut man was condemned to death Monday for a night of terror inside a suburban home in which a woman was strangled and her two daughters tied to their beds, doused in gasoline and left to die in a fire.

AP - The first Guantanamo detainee to face a civilian trial is a "mass murderer" who played a key role in the terrorist bombings of two U.S. embassies in Africa in 1998, a prosecutor said Monday in closing arguments.

Ex-Kenyan minister defended himself at the ICC (AP)
AP - A lawyer for a former Kenyan Cabinet minister says his client has given his version of events of Kenya's 2007-08 postelection violence to the International Criminal Court.

Prelates to discuss response to sex abuse scandal (AP)
AP - Pope Benedict XVI has summoned cardinals from around the world to a daylong summit in Rome next week on the clerical sex abuse scandal and other issues facing the Catholic church, the Vatican said Monday.

Storm brings mix of rain and snow to New England (AP)
AP - A powerful coastal storm packing rain, snow and sleet and wind gusts topping 60 mph knocked power out to tens of thousands of homes and businesses, shut down dozens of schools and slowed the morning commute Monday across New England.

Canada housing starts drop, mortgage sector to slow (Reuters)
Reuters - Canadian housing starts fell a greater than expected 9.2 percent in October, hitting their lowest level in more than a year, data indicated on Monday, suggesting the slowing housing market could become a drag on economic growth.

AP - The presidential commission investigating the massive Gulf oil spill has found no instance where a decision deliberately sacrificed safety to cut costs.

World Bank chief surprises with gold standard idea (Reuters)

Reuters - Leading economies should consider adopting a modified global gold standard to guide currency rates, World Bank president Robert Zoellick said on Monday in a surprise proposal before a potentially acrimonious G20 summit.

AFP - US President Barack Obama on Monday backed India's quest for a permanent UN Security Council seat, inviting the world's largest democracy to take its "rightful" place at the summit of global power.

AP - A 12-year-old chimpanzee was heading to a sanctuary in Brazil on Monday after animal rights workers discovered him smoking cigarettes to entertain visitors at a Lebanese zoo.

Reuters - Chrysler Group LLC posted a narrower quarterly loss on Monday and said it was on track to be profitable in 2010 after financing costs, helped by a rebound in sales.

AP - Testimony has resumed in the money laundering trial of former House Majority Leader Tom DeLay.

Officials: Hurricane killed at least 20 in Haiti (AP)
AP - At least 20 people died when Hurricane Tomas brushed past Haiti, more than double the number initially reported, Haiti's civil protection department said Monday.

Norwegian Air Shuttle to lease 2 Boeing 787-8s (AP)
AP - Norwegian Air Shuttle ASA says it will lease two wide-bodied Boeing 787-8 aircraft from International Lease Finance Corp. for long-haul flights.

Wall Street lobbying group targets Volcker rule details (Reuters)
Reuters - Wall Street's lead lobbying group said on Monday it wants to help shape the "Volcker rule" on risky bank trading, among many other provisions, as the biggest financial reforms since the 1930s are implemented.

AP - It's rare to see the president of the United States without shoes, but that's just how the world saw President Barack Obama on a trip to the site where Indian independence leader Mohandas K. Gandhi was cremated.

What's Next for Burma Opposition After Elections? ( - Despite the trappings of political openness, the country's first elections in two decades were hardly an exercise in democracy

Haiti Confronts Cholera After Dodging Tropical Storm Tomas ( - Haiti dodged one bullet in Tropical Storm Tomas, but there is growing evidence that the ravaged country may not be able to stop the spread of an even bigger threat: cholera

AP - House Republicans have tapped two newly elected congressmen who drew tea party backing in their campaigns to help lead the party's transition to power.

High court turns down early health care challenge (AP)
AP - The Supreme Court has turned down the first preliminary challenge to President Barack Obama's health care overhaul.

Hostage-taking ends at BMW France office (AP)
AP - Police say authorities have subdued and taken into custody an armed employee of BMW France who allegedly took hostages at the German automaker's offices in southwest Paris.

Reuters - The Dow and S&P 500 fell on Monday after hitting two-year highs last week as a stronger dollar weighed on the market although the tailwinds of monetary easing and signs of a stronger economy capped losses.

Conversations With a Nigerian Scam Artist (The Motley Fool)
The Motley Fool - The following series of emails attempts to playfully document one of the world's most infamous cons: the Nigerian Email Scam, aka the 419 scam, aka the advance-fee fraud.

Profits didn't impact BP well safety (Politico)
Politico - The federal investigation of the oil spill has not found any proof that money was put ahead of safety.

Constitutional Conservative? Oldest Trick in the Book ( - Politicians' sudden interest in the Constitution isn't that different from religions relying on their sacred texts to separate the sinners from the saved

The robosigning scandal: Foreclosing on recovery? ( - The Robosigning Scandal: Foreclosing on Recovery?

AP - President Barack Obama on Monday backed India for a permanent seat on the U.N. Security Council, a dramatic diplomatic gesture to his hosts at the end of his first visit to this booming nation.

Obama backs India's quest for U.N. permanent seat (Reuters)
Reuters - U.S. President Barack Obama endorsed on Monday India's long-held demand for a permanent seat on the U.N. Security Council, a reflection of the Asian country's growing global weight and its challenge to rival China.

Obama returns fire after China slams Fed's move (Reuters)
Reuters - President Barack Obama defended the Federal Reserve's policy of printing dollars on Monday after China and Russia stepped up criticism ahead of this week's Group of 20 meeting.

AP - Technicians at the Vermont Yankee nuclear plant began work Monday morning to fix a pipe that leaked radioactive water and forced the plant to shut down.

Myanmar army-backed parties set to sweep rare poll (Reuters)

Reuters - The military will keep its grip on power after Myanmar's first election in 20 years, backed by parties that on Monday looked set to win a vote marred by fraud and denounced by U.S. President Barack Obama as stolen.

AP - Chrysler's new Jeep Grand Cherokee is a hit with drivers, bringing the automaker within sight of profitability and lifting its share of the U.S. market.

AFP - Qantas extended the grounding of its Airbus A380 superjumbos for at least three more days on Monday after finding oil leaks in some engines, heightening safety fears after two mid-air blow-outs last week.

AP - Shares in Ireland's banks fell to record lows Monday and borrowing costs were near euro-era highs as the government prepared to discuss its fiscal survival plans with top European Union officials.

The Shifting Sands of Saudi Real Estate (BusinessWeek)
BusinessWeek - After five fruitless years of seeking a mortgage in Riyadh, 28-year-old Abdulaziz Al-Salem has some advice for his peers: forget it. "Homeownership in this country is nothing short of a nightmare," says the father of one. "If you're not descended from a wealthy family nor have an extremely successful business, you probably should give the whole thing a pass."

GOP lawmaker opposes compromise on tax cuts (AP)
AP - Rep. Darrell Issa, a California Republican, says he'll oppose any compromise that fails to make permanent Bush-era tax cuts for the most wealthy Americans.


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