5 things you absolutely need for the MBA convention in Las Vegas

Is the Massachusetts AG's run for governor compromised by GSE buyback lawsuit?

Nonprofit CEO also co-chairs Coakley’s campaign finance committee

Exclusive: Move CEO Steve Berkowitz opens up about News Corp deal

Plus his thoughts on Zillow/Trulia and the future of real estate
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Investments

5 things you absolutely need for the MBA convention in Las Vegas

Every one of these is totally necessary
Jacob Gaffney
Here are the 5 things you absolutely need for the MBA, and heck, for other conventions as well, in order of least necessary, to “you will probably die if you do not do this” order of importance.
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Morgan Stanley profits surge 83%

Beats analyst estimates
Brena Swanson
Morgan Stanley’s third-quarter profits surged 83% driven by broad-based strength across trading, investment banking and wealth management.
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Housing starts up 6.3% but gains all concentrated in multifamily

More signs of slowing market in permits, starts after August plunge
Trey Garrison
It's a mild September rebound, and a slowing housing market, with almost all gains in multifamily housing, and single-family starts and permits virtually flat after August's huge plunge. Is this a sign of growing volatility?
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Blackstone third-quarter profit misses

But still sees opportunity
Brena Swanson
"With one of the largest pools of available dry powder capital and the broadest alternative investment platform, we are well-positioned to capitalize on the dislocation in asset values created by greater market volatility," Blackstone co-Founder and CEO Stephen Schwarzman said.
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Home value loss and recovery starkly different by race

EPI: Hispanic gains outpace blacks, whites
Trey Garrison
A recent report by the Federal Reserve shows that from 2010 to 2013, the inflation-adjusted median home value for all homeowners declined 7%.
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Goldman Sachs records strong 3Q earnings

Net income rises 48%
Brena Swanson
Goldman Sachs Group was next on the earnings calendar, with its third-quarter net income surging 48% and posting the first revenue gain in over a year.
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Judge denies former Fannie CFO access in GSE lawsuit

Access to two-year-old records would “damage” economy
Trey Garrison
The federal judge overseeing the Fairholme Fund’s lawsuit against Treasury has denied former Fannie Mae CFO J. Tim Howard admission as an expert to view the material from discovery.
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$680,000 dream beach house built on the wrong lot

Florida builders make one heckuva mistake
Trey Garrison
A Missouri couple isn’t happy with the bunch of Flagler County, Florida surveyors and homebuilders who constructed their $680,000 dream, beachfront home. The home is fine, it's just in the wrong place.
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Congress must extend housing short sale tax relief

Threat of tax penalty has chilling effect on recovery
Tom Zeeb
The classification of the homeowner debt cancelled during a short sale as income allows the IRS to levy a hefty tax bill against Americans who were unable to pay their mortgage, thus burying them in further debt and making the use of the short sale transaction prohibitive.
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Fifth Third posts $340M 3Q net income

Mortgage banking revenue drops 21% from 2Q
Trey Garrison
Fifth Third Bancorp on Thursday reported third quarter 2014 net income of $340 million versus net income of $439 million in the second quarter of 2014 and $421 million in the third quarter of 2013.
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