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Morgan Stanley Strategically Defaults on 5 San Francisco Office Towers

16 hours ago ago from HousingStorm.com Honest Local Real Estate

For those of you pondering the morals of strategic default, consider this story: Bloomberg reports Morgan Stanley to Give Up 5 San Francisco Towers Bought at Peak Morgan Stanley, the securities firm that spent more than $8 billion on commercial property in 2007, plans to relinquish five San Francisco office buildings to its lender two years after purchasing them from Blackstone Group LP near the top of the market. The bank has ...

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"are hillary clinton supporters murmuring i told you so?"

20 hours ago ago from sara in italy

Are Hillary Clinton supporters murmuring I told you so? December 17, 7:04 AM NY Obama Administration Examiner Marc Rubin With a new NBC/Wall Street journal poll showing Obama hitting his lowest approval rating in that poll, and the same poll showing that people are getting increasingly fed up with Obama, the Democrats and how both have handled health care,(how they handled it, not rejecting things that are in it, like the public ...

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Bashing The Banks

10 hours ago ago from Conservative Thoughts and Profundity

Enlightened statesmen will not always be at the helm. James Madison Finance: The White House thinks it can jawbone banks into lending to people they don't want to lend to. We've been down this road before, and it led all the way to the 2007 financial meltdown. The president on Monday gave a tongue-lashing to the fat-cat bankers on Wall Street, as he called them the day before. He wants them to make more loans to small ...

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Advent Daily Dose: The Little Lord Jesus, Asleep on the Hay

12 hours ago ago from Kitchen Stewardship

How’s your hay ?  We are one week away from Christmas, and rather than getting caught up in counting the shopping days we have left, I need to focus on the days for hay-gathering.  It’s time to recommit to making little acts of sacrifice, kindness and generosity each day of Advent.  To give gifts to the Infant Jesus out of pure love for Him and His Children (three of which live in my home and deserve my utmost every day).  I always start to ...

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Are the Democrats Fighting the Banks?

18 hours ago ago from War On You: Breaking Alternative News

Are the Democrats Fighting the Banks? By Shamus Cooke How pathetic.  President Obama sat at a table surrounded by super rich bankers, pleading with them to lend money to small businesses and workers.   The media mislabeled Obama’s groveling as “encouraging,” “imploring,” and “pressing,” but a man who refuses to take action is powerless; and powerless people can only beg. This disgraceful meeting happened shortly after Obama got ...

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