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WSJ article: “Seven Questions to Ask When Picking a Financial Adviser”

April 13th, 2009 · No Comments

The Wall Street Journal’s Shelly Banjo knocked the ball out of the park with this article. 1. What’s in the adviser’s background? 2. What do the adviser’s clients say? 3. How does the adviser get paid? 4. Where are the adviser’s checks and balances? 5. What’s the adviser’s track record? 6. Can the adviser put [...]

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FRONTLINE: “Inside the Meltdown”

February 21st, 2009 · No Comments

FRONTLINE investigates how the economy went so bad so fast and what Bernanke and Paulson didn’t see, couldn’t stop and weren’t able to fix. On Thursday, Sept. 18, 2008, the astonished leadership of the U.S. Congress was told in a private session by the chairman of the Federal Reserve that the American economy was in [...]

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Visual Guide to the fall of General Motors

January 6th, 2009 · No Comments

Many thanks for another great visual guide from the talented people at WallStats.com Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with Stumblers Tweet about it Subscribe to the comments on this post

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A Visual Guide to the Financial Crisis by WallStats.com

November 25th, 2008 · No Comments

What a fantastic job by Wallstats.com (a very interesting and informative site) visually describing the events leading up to the current financial crisis: Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with Stumblers Tweet about it Subscribe to the comments on this post

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On the Bailout Request by Homebuilders

November 24th, 2008 · 1 Comment

Today’s Wall Street Journal article “Builders Make Plea for Federal Aid” by Nick Timiraos reports: “The builders’ lobby is ramping up its sales pitch for a $250 billion stimulus package called “Fix Housing First,” arguing that financial markets won’t recover until home prices stop falling. They are calling for a generous tax credit for home [...]

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Interactive Map Showing Where Homes Are Worth Less Than the Mortgage

November 11th, 2008 · 1 Comment

The New York Times website has in interactive map that shows where homes across the US are worth less than the mortgage debt. Click on the map’s upper-left to view on a state-by-state basis: (1) the percent of homes with negative equity; (2) the number of homes with negative equity; and (3) ratio of mortgage [...]

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What does “white elephant” mean in real estate?

October 31st, 2008 · No Comments

“The term hails from a legend that Siamese royalty gave albino elephants — revered but financially ruinous to maintain — to unpleasant courtiers. Today, the financial burden of carrying an overly big, overly unique manse is being shared by many wealthy owners, who are finding out the hard way that not everyone is willing to [...]

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