"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
A worried parent on Democratic Underground tells how his daughter made partial payments on credit card debt for a few months only to find the credit card company is demanding full payment of the entire bill or it goes to…
The ISM number was the reason. It measures the service sector. Anything less than 50 signals contraction. Last month was it was 54.4. The expected number was 53. Instead, it was a devastating 44.6. The service sector contracted sharply and…
Investment banks fund leveraged buyouts with short-term ‘bridge loans’ to make the deal happen. They then sell those loans to investors, getting them off their books at a profit, then presumably reinvesting the money in another LBO and bridge loan.…
It’s a staggering number. Over 50% of current real estate sales now in San Diego are short sales or REO. The distressed properties are no doubt selling faster because their price is so low. But that will drive all prices…
From the normally apolitical Oligopoly Watch. The gambling, ahem, investment strategy took place in the totally unregulated over-the-counter future market, one almost totally immune from government regulation. At least the exchange future markets, where you can get clobbered as well,…