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“In the latest of many examples of the fraud that has infested the presidents stimulus plan is $1 million in spending cash for incarcerated murderers and rapists and a $15 million infusion for a seldom-used checkpoint in a remote Great Plains town with influential politicians. “
Merrill Lynch, Deutsche Bank Defer IPO Fees for REITs
“Bank of America Corp., Deutsche Bank AG and Credit Suisse Group AG are deferring underwriting fees for initial public offerings by mortgage-investment companies after buyers balked at the deals.”
“The hypocrisy of the media in giving a permanent platform for the same 95% of the professionals who got the biggest call in 75 years wrong is mind boggling. And then you have the nerve to elevate them to a status of honored observers once again when it was their blindness that was the cause of this mess in the first place.”
California property values fall for the first time in 76 years
” Tax officials reported Tuesday that total statewide property values fell by 2.4% in the latest fiscal year, the first such drop since California began keeping records 76 years ago in the depths of the Great Depression.”
“And there’s zero bold action and even less out of the box thinking involved in the life and times of Ben B. How nonsensical would you like it today? Ben Bernanke is nothing but an accountant who lacks any kind of vision and insight. Which suits the people who seated him on his throne just fine.”
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Commercial Real Estate Investment Tools: FREE Online Financial Calculators Greetings from "Category Five" Cedar Crest, NM. I have a mortage with Countrywide. I got an email from Countrywide letting me know that I am a "special" customer. And, since I am so special, they want to offer me huge discounts to get me to refinance my home. Well...I call...... -
10 Things To Know Before You Buy Commercial Real Estate Contemplating the purchase of your first (or next!) piece of commercial real estate is exciting. Many investors start their real estate portfolios by owning single family homes - assets that are generally more time-intensive to care for, and which offer less cash flow as a general rule. The switch...... -
Real Estate Investments - Good Idea or Bad Idea? Right now, if there was a market that had bad news written all over it, it would be real estate. The housing crisis has made investors jumpy, the economy appears to be tanking and home values are plummeting across the country. Would you believe that this is actually a good...... - The Coming Real Estate Crash? Foreclosures Up 79%. In California, that is. I am sure it not as high other places, but a 79% jump in foreclosures is a pretty big jump, wouldn't you say? According to Inside Bay Area, California had 16,273 foreclosure filings in February, up 79 percent from a year ago which does not bode......
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Real Estate: No Bottom Yet? John Mauldin is an investment adviser and president of Millennium Wave Investments. He sends out an interesting weekly newsletter, which most recently focusedon the current real estate market. It seems like the bottom isn't in sight yet: Analyst contend that much of the bad news in the subprime-loan and housing......
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