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The Looming Danger of Commercial Real Estate
By James Gelfer on October 27, 2009 | No Comments
A year after the collapse of Lehman Brothers and the impending threat of global economic meltdown, the Dow is back over 10,000 and economists optimistically say that the worst is behind us. Everyone now knows that last fall’s stock market crash stemmed from the bursting of the real estate bubble: ... -
Financial Giant Citigroup Poises to be Dismantled
By Scott on January 20, 2009 | No Comments
Citigroup, the proclaimed financial supermarket, announced the sale of its Smith Barney brokerage division to Morgan Stanley last week in a move that is expected to mark the beginning of a break-up for the banking giant. With a massive government bailout just a few months prior, many are asking: h... -
Obama Requests to Tap Remaining $350 Billion of TARP ...
By Scott on January 14, 2009 | No Comments
Monday, President-elect Barack Obama called for the second half of the $700 billion Troubled Asset Relief Program (TARP), passed by Congress in October. Obama asked President Bush to submit a request to Congress making the remaining $350 billion available soon after his inauguration. The first $...





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