If you believe the above statement, I have a bridge to sell you!
October 30, 2009
Geithner Says Commercial Real Estate Woes Won’t Spark Crisis - Bloomberg.com | www.bloomberg.com
TheTreasury Secretary's remarks as reported in the subject article can not be believed.
JAL Rehabilitation Requires a Political Decision
October 28, 2009
MARKET SCRAMBLE: JAL Shareholders Get No Respect -- Again | www.nni.nikkei.co.jp
Transport Minister Hon. Seiji Maehara wasted no time stepping between troubled carrier Japan Airlines Corporation and its three main creditor megabanks, but the latest rehabilitation plan may require a major overhaul to address three main issues: personnel, pensions and profitability. A political decision must be made regarding which stakeholder group should enjoy the benefits of a massive injection of public funds.
This means more bad news on the commercial real estate sector
October 27, 2009
Stocks waver on housing, consumer confidence data | www.wtop.com
Consumer confidence fell unexpectedly...What gave it away? When you have unemployment hovering around 10% what should the experts expect?
October 24, 2009
Three solar companies set up units in Andhra | www.business-standard.com
There is lot of scope and room for expansion of power generation in India.Solar power will prove a boon for energy hungry population. There is an urgent need for more such projects.
October 23, 2009
In India, Property Stocks Act Like Tech | online.wsj.com
Customs and Practice define the rules of Real estate.Real estate is/has been real business since the Jurassic Age but Tech is recent.
October 22, 2009
Commercial Real Estate Debt Won't Be the Next Shoe to Drop, Economists Say | retailtrafficmag.com
The folks quoted in this article have to be kidding. They must be the same people that didn't question the era of cheap money and low cap rates either.
DPJ Looks to Postal Savings, Insurance to Fill Gaps in Budget
October 21, 2009
New Japan Post Chief Faces Tightrope Act | www.nni.nikkei.co.jp
The appointment of Jiro Saito as Japan Post Holdings President indicates plans to draw on the Postal Savings and Insurance schemes to bridge ever widening budget gaps with Fiscal Investment and Loan Program (FILP) funds and massive JGB purchases, turning back the clock on fiscal and financial market reforms a decade or more.
Japan Post President to Resign as DPJ Rolls Back Privatization Reforms
October 19, 2009
Kamei: Japan Post boss on notice | search.japantimes.co.jp
The Yomiuri Shimbun reports the imminent resignation of Japan Post Holdings President Yoshifumi Nishikawa following his meeting yesterday with State Minister for Postal Services and Financial Affairs Hon. Shizuka Kamei.
JAL Rehabilitation May Require Massive Injection of Public Funds
October 19, 2009
JAL Task Force To Maintain, Expedite Draft Rehab Plan In October | www.nni.nikkei.co.jp
Nikkei reports that four main creditors of Japan Airlines Corporation (JAL) soundly rejected the latest rehabilitation plan crafted by top management of the now defunct Industrial Revitalization Corporation of Japan (IRCJ), suggesting the need for a massive injection of public funds in the JPY 500 billion to JPY 1 trillion range.
Who is kidding who regarding a recovery in commercial real estate
October 18, 2009
Bank failures drain FDIC insurance | www.washingtontimes.com
Many so called pundits are still optimistic about commercial real estate making a dramatic recovery in 2010. Nothing could be further from reality
New FINRA Rule 2210-Simplification Whose Time Has Come
November 4, 2009
ADP Must Grow Three Major Markets for Continued Success
October 22, 2009
Battle for Dominance in Mortgage Fraud Analytics Space
October 17, 2009
All hands on deck, full steam ahead
September 7, 2009
Dollar destined to be second class currency in world's largest banana republic
September 1, 2009