Financial speculator and billionaire, George Soros states in his FT.com commentary: “the current crisis is the culmination of a super-boom that has lasted for more than 60 years.”Watch the video of Soros:http://www.ft.com/cms/55569c24-c38d-11dc-b083-0000779fd2ac.html?_i_referralObject=627561916&f
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01/31/2008
COUGHLIN STOIA GELLER RUDMAN & ROBBINS LLP FILES CLASS ACTION SUIT AGAINST LEVITT CORP. New York – January 25, 2008 – Coughlin Stoia Geller Rudman & Robbins LLP (“Coughlin Stoia”) (http://www.csgrr.com/cases/levitt/) today announced that a class action has been commenced in the United States Dist
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01/29/2008
TOUSA Inc., the Florida-based homebuilder that's been roiled by the housing downturn, Tuesday said it and certain subsidiaries are filing for bankruptcy. TOUSA, was previously known as Technical Olympic USA. Citigroup, Inc. (C 27.91, +0.26, +0.9%) has agreed to provide it with up to $150 million
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01/29/2008
Arbitrage opportunities in pending merger deals in the U.S. market Thursday, January 24, 2008 Ticker TARGET Ticker ACQUIRER Merger Value Current Price Arbitrage Profit
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01/24/2008
Bush apparently has come up with what he thinks is a "Plan" to Stimulate the economy, but is $300 bucks going to do really do ANYTHING? Deal Reached on Tax Rebates for Stimulus Congressional Democrats and Bush administration reach tentative deal on $300-$1,200 tax rebates and business tax cuts.
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01/24/2008
November 2007 Oct 2007 to Nov 2007 Nov 2006 to Nov 2007 Gross Δ % Δ Gross Δ % ΔTotal Valuation $66,316,181 -$13
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01/23/2008
The stimulus plan taking shape in Congress is likely to include targeted tax cuts and rebates for middle- and low-income Americans, tax breaks for business, and spending for unemployment insurance and food stamps. Lawmakers are talking about a stimulus package in the $100 billion to $150 billion
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01/22/2008
The Federal Reserve cut a key U.S. interest rate by three-quarters of a percentage point this morning.The rate cut, decided by the Fed's Open Market Committe in an emergency videoconference on Monday night, is larger even than the interest rate reduction that the central bank made following the 2
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01/22/2008
First Florida Financial Group, LLC launched DeadDeals.net, which purchases qualified uncloseable mortgage and foreclosure leads from mortgage brokers and loan officers throughout the state of Florida. When asked to sum up DeadDeals.net, Eddie Hoskins, president/CEO of First Florida Financial, the
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01/21/2008
Aging Baby Boomers and the Generational Housing Bubble: Foresight and Mitigation of an Epic Transition Authors: Dowell Myers & Sung Ho Ryu Problem: The 78 million baby boomers have driven up housing demand and prices for three decades since beginning to buy homes in 1970 and continuing up the ho
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01/18/2008