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8 Oct 2008, 9:14 am
The appraisers valued the residential units at $70,000 and $75,000 per unit respectively. [read post]
1 Oct 2008, 4:08 pm
Dozens of hedge funds and money management firms that depended on Lehman’s prime brokerage unit to clear trades, provides loans and handle administrative chores are starting to collapse, Bloomberg News reports. [read post]
29 Sep 2008, 10:16 am
What segments of the market should they target? [read post]
25 Sep 2008, 5:22 pm
Foreign sources of money also ran from the United States, exacerbating the unavailability of credit. [read post]
24 Sep 2008, 5:11 pm
Ultimately, markets are smarter and more efficient than regulation. [read post]
23 Sep 2008, 4:22 pm
Transformers Transformers Generation 1 was a firestorm for the cartoon market. [read post]
22 Sep 2008, 10:02 am
"The glimpse came back to me again and again week as markets reeled -- as the world watched policymakers flying blind into a global economic storm.The solution du jour for the United States -- and, if the United States has its way, for the rest of the world -- seems to be a massive public bailout of those wee Gatsby wannabes and the Wall Street financial complex that employed them. [read post]
20 Sep 2008, 4:50 pm
According to RBC Capital Markets an AIG meltdown would have cost the financial industry $180B because AIG provided insurance on more than $441B of fixed income investments tied to the world's biggest institutions, including $57.8B tied to sub prime mortgages. [read post]
20 Sep 2008, 3:49 am
Ultimately, markets are smarter and more efficient than regulation. [read post]
16 Sep 2008, 2:16 pm
The 158 year old bank, once the fourth largest in The United States, has been put to the sword by Hank Paulson The US Treasury Secretary. [read post]
15 Sep 2008, 8:00 am
Companies can't be required to give experimental drugs to anyone who has no other hope, because that regime would effectively put drugs on the market (free of charge) before the drugs were ready for prime time.It's not only drug companies that face questions like this one. [read post]
8 Sep 2008, 5:42 pm
§§ 1-44 ), governing exports to countries subject to comprehensive trade sanctions and embargoes by the United States (such as Cuba or Iran). [read post]
6 Sep 2008, 1:12 pm
I extrapolate MBA's numbers to the entire mortgage market. [read post]
28 Aug 2008, 3:38 am
I suspect there are senior insurance executives whose D&O unit managers are telling them that current claims activity levels are within expected ranges. [read post]
17 Aug 2008, 9:13 pm
Claims paying ability is something that should be of prime importance to tort victims receiving or contemplating structured settlements, their lawyers, and anyone owning or contemplating the purchase of life insurance, disability insurance, long term care insurance, annuities, medical insurance or accepting a payment stream involving any non qualified assignment covering a long term payment obligation like structured sales, structured celebrity endorsements, structured attorney fees,… [read post]
15 Aug 2008, 8:47 am
If the banks making the bad loans are bailed out by the United States, who bails out the United States? [read post]
10 Aug 2008, 1:43 pm
As for prisoners' pay, the Prime Minister personally squashed recent attempts to raise basic levels - last increased 10 years ago. [read post]
2 Aug 2008, 6:22 pm
It collapsed as borrower defaults began to mount, while tight capital markets forced it to take losses on mortgages it sold and kept on its books. [read post]