Drywall From China Raises Health, Safety Concerns
Chinese-made drywall imported during the height of the housing boom is suspected of being responsible for the corrosion and failure of metal components, as well as foul odors, in homes in the Sarasota area and down both coasts of Florida. State and federal health officials are trying to determine whether gases emitted by the drywall are hazardous to humans..."There does seem to be a strong association between the presence of the Chinese drywall and the coil corrosion issues," said David Krause, state toxicologist with the Bureau of Environmental Public Health Medicine.

Not Zzzz Best Day For Lennar
Minkow claimed that the dealings between Lennar and Briarwood, as described in his letter, are part of a larger pattern in which Lennar treats its joint ventures "like a Ponzi scheme, pledging older joint venture interests to leverage themselves into newer joint venture relationships."

Editorial: Builders face drywall issues
Big questions remain about how much damage the sulphur-emitting dry wall actually caused to air conditioners, refrigerators and even home wiring, and whether there was a threat to human health. Builders are already hard-pressed in the current slump. But this dry wall business has the potential of becoming a class-action litigation nightmare. Better to tackle the matter up front, using insurance, special funds, whatever, to satisfy customers once there's a reasonable handle on the issue, than to let lawyers fight it out in court.