Question by SquidbillyReturns: So how do you like this info about the Bailed out Companies? Pretty much pisses me off how about you? Struggling Citibank just sealed a multi-billion-dollar emergency “backstop” deal with the U.S. government. The financial behemoth, suffering with billions in bad mortgage-related assets on its books, recently shed 53,000 workers and saw [...]
Question by Graysand: Why can Gov. bailout “Big3″ when folks on medicare have to choose between food and medicine on their budget? There are elderly people on Medicare and Social Security that have to choose between buying enough to eat or paying for the medications they need. These are folks that have worked all their [...]
Question by Larry A: HOW WILL McCAIN JUSTIFY THIS? Freddie Mac paid 15K a month to McCain aide’s firm By PETE YOST, Associated Press Writer 1 hour, 52 minutes ago WASHINGTON – The lobbying firm of John McCain’s campaign manager was paid ,000 a month for several years until last month by one of two [...]
Wells Fargo Says CEO Stumpf Was Paid About Million for 2010 Wells Fargo & Co., the largest U.S. home lender, paid Chief Executive Officer John Stumpf about million in compensation for 2010, when the bank’s stock climbed 15 percent. Read more on BusinessWeek
Fitch Assigns CMBS Special Servicer Rating to NS Servicing, LLC Fitch Ratings assigns NS Servicing, LLC , a wholly owned subsidiary of NorthStar Realty Finance Corp. , a commercial mortgage-backed securities special servicer rating of ‘CSS3+’. Read more on Business Wire via Yahoo! Finance Recently in Congress/ How our representatives voted WASHINGTON—Here are the recent [...]
LTC Announces Public Offering of Common Stock WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–LTC Properties, Inc. (the “Company”) (NYSE:LTC) announced today that it plans to make a public offering of 3,500,000 shares of its common stock (the “Offering”). The Company expects to grant the underwriters an option to purchase up to 525,000 additional shares of common stock within [...]
Question by sassy_czar: can SOME1 EXPLAIN THIS PLEASE?? =]? PLS EXPLAIN LONG BUT UNDERSTANDABLE AND EXPLAINABLE.!! =] Earnings: Nowhere to go but up: NEW YORK (CNNMoney.com) — Poor results from the banking sector in the fourth quarter are likely to lead to the biggest drop in quarterly profits for large U.S. companies in six years. [...]
AIG Expects Other Bids For Their Former Subprime Bonds (Reuters) – American International Group (AIG.N) expects others to bid for the mortgage-backed securities that it has offered to pay .7 billion to buy back from the U.S. government, the insurer’s chief executive told the Wall Street Journal. Read more on The Huffington Post U.S. Bancorp [...]
by elycefeliz Question by Barry Marx: When are they going to drag Barney Franks into one of the famous inquisitions of the Congress? Yes Barney “Elmer Fudd” Franks into the Spanish Inquisition style interrogations by the Congress on his scam and fraud on Fannie Mae and Freddie Mac that is costing us BILLIONS of dollars. [...]
The Recently Re-Launched Trump SoHo Hotel Condominium New York Unveils 11 Penthouses Priced from .5 Million Trump SoHo Hotel Condominium New York (Trump SoHo), the impressive 46-story silver-glass building located at 246 Spring St. in Manhattan, has just unveiled 11 penthouses in the sleek tower designed by Handel Architects with interiors by the Rockwell Group [...]