BusinessWeek Online - Every day brings more bad news about the global financial-services sector. It’s no surprise, then, that market watchers are waiting with bated breath for Britain’s largest banks to announce their 2007 results over the next two weeks. The country’s top five institutions — HSBC , Royal Bank of Scotland , Halifax Bank […]

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A report from the Idaho Statesman. “Four area home builders and three investors stuck with seven vacant luxury homes have decided desperate times call for desperate measures. They’re going to try to sell their homes, originally priced from $900,000 to $1.7 million, at an auction March 1 in Meridian. The auctioner says homes will be […]

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Conde Nast Portfolio, NY
It wasn’t only big Wall Street firms, but a lot of small real estate speculators,” otherwise known as homeowners,” who, in effect, sold put options too cheaply …
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Boom years gone, multiproperty investors become more businesslike
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