apple holds almost $100 billion in cash reserves. this morning the company announce wad it would do with some of that cold cash. apple announced a $10 billion stock buyback that would begin in october. it also would begin giving shareholders a quarterly dividend for the first time since 1995. and espn s chris mortenson a reporting that peyton manning will sign with the denver broncos. four-time nfl most valuable player had been deciding between tennessee and denver. indianapolis colts released the quarterback just two weeks ago after injury forced had i am to miss the entire 2011 season. well, in 2006 manning led the colts to a super bowl championship. all right. didn t do my brackets any good but north carolina state upset georgetown in the ncaa tournament. that happened this weekend. it was one of several big march madness upsets. the 11th seeded wolf pack ran away from the number 3 seed down the stretch. lorenzo brown sealed the game with three free throws in the last
the root of the entire economic turmoil we ve seen over the last two years once the housing bubble burst. going back three years ago this month the president first laid out a housing reform plan in mesa, arizona, promised he was going to help several million people. in fact officials admit it s under a million people who have been helped to stave off foreclosure ordeal with the fact that their mortgages are underwater. a new plan today from the president in northern, virginia, stressing that he wants to help people take advantage of these historically low interest rates and try to refinance, also wants a homeowners bill of rights that will make it more simple, all the paperwork that is attached to these kinds of transactions. take a listen to the president. i am sending congress a plan that will give every responsible homeowner in america the chance to save about $3,000 a year on their mortgage by refinancing at historically low rates.