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Buy 1,000 shares but be on guard

Dear Mr. Berko: How do companies like Annaly Capital Management pay a dividend of 15.5 percent when mortgages are yielding 5 percent? Would you recommend that I buy 1,000 shares? I can afford moderate risks if you think Annaly isn’t ...

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Purdue issues rules about new rules

RALEIGH — Gov. Beverly Perdue issued some new rules the other day about making rules. Apparently, there are too many rules in state government. So she’s made some new rules to stop all that. To ensure that any new rules ...

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Community green space inspires legal questions

DEAR BENNY: I live in a development where all the homeowners belong to a homeowners association. The developer built the subdivision around a common pond. He has left green areas around the pond and throughout the development. Recently the developer ...

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The race to watch

RALEIGH — Nearly 13 years ago, I walked back into the cramped legislative office space of The Associated Press and posed a question to old colleague Dennis Patterson. I had just come from my first meeting of the state Senate’s ...

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