Items Tagged with 'Person Communication'

ARTICLES

  • The alchemy of flipping

    The dirtiest job in real estate has grown more complicated than buy, repair, sellThe first thing you notice is the smell.Mike Baird walks into his first...
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  • The Cost of Dubai is Worldly

    In the latest blow to the global capital and commercial markets, Moody's Investors Service today downgraded all six Dubai government-related issuers. At this point Dubai's woes are well documented, even though financials anticipated the nonpayment of Dubai World, or at least related entities, for quite some time. Nonetheless, experts interviewed for this piece by HousingWire indicate that troubles in the Emirate are expanding to the shores of Western banking.
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  • Thain Steps Down from BofA

    John Thain, the former Merrill Lynch & Co. CEO, has resigned from his position as president of global banking, securities and wealth management operations at Bank of America Corp. [stock BAC][/stock] after a meeting with BofA CEO Ken Lewis, according to a breaking news bulletin Thursday by the Wall Street Journal. Spokespeople from Merrill Lynch and BofA would not return calls seeking comment before this story was published mid-Thursday.
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  • The Blame Game: Lehman CEO Fuld Talks

    Richard S. Fuld Jr., in his first public appearance since Lehman Brothers Holdings Inc. collapsed in September, said in a sworn testimony before a Congressional panel on Monday that while he took full responsibility for the failure of the company he led, he still believed all his decisions "were both prudent and appropriate" at the time.
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  • Deal in Limbo: Expected Agreement on Bailout Hits Snags

    Key lawmakers emerged from a three-hour meeting on Thursday afternoon saying they had agreed on key details surrounding a planned bailout of the financial markets, only to have their hopes dashed in an evening meeting with President Bush that one Senator described as a "total disaster." Nonetheless, both parties agreed to press on, and said they remain confident a deal can be done before this weekend is out.
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  • Field Services Provider Donates $150,000 to Cleveland Foreclosure Prevention

    It's a move that may seem odd to some, but to CEO Robert Klein and his employees at Cleveland-based Safeguard Properties, it's part of what they see as being a positive influence in the local community. On Friday, the nation's largest privately-held mortgage field services company said that it had donated $150,000 to Cuyahoga County's Foreclosure Prevention Program.
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  • Bush: No Bail Outs, But Quiet on Housing Package

    Ahead of the scheduled markup of a housing package by the Senate Banking Committee this Tuesday, President Bush reiterated his stance that he would veto any housing package deemed a "bail out" of irresponsible borrowers or lenders. After meeting with Treasury Secretary Hank Paulson, Bush said Monday that he was committed to housing programs that "help people refinance and help people get the financial help necessary to stay in homes."
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