Monday, September 17, 2007

American Home tries to seize $27 million in retirement savings -- Newsday.com
So let's say they put their employees' retirement savings together with the escrowed property taxes that they may not have exactly, literally, technically, mailed to the tax collector. I bet that would be a pretty tidy sum.

Wilmington, De. - Melville-based American Home Mortgage is attempting to seize as much as $27 million that employees set aside from their paychecks as retirement savings -- and if it is successful, the workers may never see the money again.

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