House Prices Decline Slowing
Data was released today by Standard & Poor’s for its home price index composite.
This is the leading indicator for the US real estate market. It shows that although still negative, the annual decline of the 10-City & the 20-City composites improved.
The Ordinary Evil Of Bernard Madoff
Yesterday, Bernard Madoff was sentenced in New-York to 150 years behind bars, if nothing else his victims can be reassured that he will finish his life in jail.
When Madoff’s victims describe him they often have used such words as likable unassuming and a man they could
Madoff Sentenced To 150 Years
The disgrace financier Madoff will be sentenced today, in a New-York court.
He is charged with a $ 50 Billion Ponzi scheme. It is arguably the biggest swindle in US history.
Last March, Madoff pleaded guilty, he could be sentenced for as much as 150 years.
Lunch With Warren Buffett Sold For $ 1.68 Million
By Gilbert Mercier, NEWS JUNKIE POST Last year, the same extravagant privilege of having lunch with Warren Buffett (the 2ND richest man in the world) had a $2.1 Million price tag. It is yet another sign of the recession. The online eBay auction took place last night. The proceed of the auction will go to [...]
Did Bernanke & Paulson Strong-Armed B of A’s Lewis For Merrill’s Deal?
On Thursday, the Committee on Oversight & Government Reform continued its investigation of the Bank of America/ Merrill Lynch merger with a hearing untitled: “Bank of America & Merrill Lynch: How did a private deal turn into a Federal bail out?”
