Tags: Billionaires, Palaces, Prince Alwaleed, Real Estate, Saudi Arabia, video, Wealth
Not everyone is thrilled with Goldman Sachs’ new HQ; Bad investments leave Goldman Real Estate fund with only $30M, down from $1.8B
On April - 16 - 2010
- Goldman Sachs’s New Palace Creates Princes, Serfs
- Goldman fund down to last $30m Read the rest of this entry »
Tags: Banking Culture, Goldman Sachs, Hedge funds, Real Estate
- JPMorgan Profit Rises 55% on Trading, Beats Analysts’ Estimates
- U.S. bank chief mobbed by angry borrowers
- Soros Says Risk of Greek ‘Death Spiral’ Remains
- Morgan Stanley Said to Lose 61% on Real Estate Fund
- M Stanley warns of $5.4bn property losses
- Sale of ResCap a flop
- Tiger Woods Enters June’s U.S. Open at Pebble Beach Read the rest of this entry »
Tags: George Soros, Greece, JP Morgan, Morgan Stanley, mortgages, Real Estate, Sovereign debt, Tiger Woods
John Mack thinks investment bankers get paid too much; Name of shame: Mark Madoff’s wife and kids are changing their last names to “Morgan”; Appaloosa getting active in Stuyvesant Town
On February - 25 - 2010
- Morgan Stanley’s Mack Says Investment Banker Pay Still Too High
- Madoff Daughter-in-Law Seeks to Change Name After Death Threats
- Appaloosa Seeks to Join Lawsuit Over Stuyvesant Town Read the rest of this entry »
Tags: Activists, Appaloosa, Bernie Madoff, Bonuses, Compensation, David Tepper, Hedge funds, John Mack, Morgan Stanley, Real Estate
- EU Reaches Greek Accord, Will Apply Strict Rules, Officials Say
- Goldman Cuts Euro Target on ‘Most Threatening’ Crisis
- AIG Pay Plan: Rank and Rile
- Wall St.’s Biggest Bonuses Go to Not-So-Big Names
- Bernanke Lays More Groundwork for Exit Without Giving Timetable
- Credit Suisse says 2009 bonuses average $135,000
- TARP Panel: Small Banks Are Facing Loan Woes Read the rest of this entry »
Tags: AIG, Banks, Ben Bernanke, Bonuses, Commercial Real Estate, Compensation, Credit Suisse, EU, Euro, Fed, Foreclosures, Goldman Sachs, Greece, Real Estate, Sovereign debt, TARP
- Paulson, in Memoir, Defends Bailout
- Hamptons New York Home Sales Climb 59% as Deal Seekers Buy
- IPad? That’s So 2002, Fujitsu Says
- Apple’s IPad May Take Year to Be Breakout Product, Munster Says
- ‘Enron,’ Sizzling Staging of Downfall, Returns to London Stage Read the rest of this entry »
Tags: Apple, Books, Enron, Hamptons, Henry Paulson, iPad, Real Estate, TARP, U.S. Treasury
- Bernanke rallies more Senate votes for confirmation
- Probe into NY Fed over AIG disclosure
- SEC Wants Rajaratnam to Turn Over Wiretaps in Civil Case
- Barclays CEO Varley Tells Staff Obama Plan Impact To Be Small
- Wilbur Ross Prepared to ‘Go All the Way,’ Buy Stuyvesant Town
- Credit-Default Swaps Rising to Five-Week High: Credit Markets Read the rest of this entry »
Tags: AIG, Barclays, Ben Bernanke, CDS, Fed, Forecloseures; Retailers, Galleon, Insider Trading, Neil Barofsky, Raj Rajaratnam, Real Estate, Wilbur Ross
- White House Is Confident Bernanke Will Be Confirmed
- Davos bankers to lobby against Obama reforms
- Darling reveals frustration over Obama bank plan
- Goldman Said to Limit London Partners’ Compensation
- Barclays to defer all top bonuses
- AIG Analysis Reveals Bank Discussions
- Wal-Mart to cut 11,200 jobs at Sam’s Club stores
- Tishman Venture Gives Up Stuyvesant Project
- Cameron’s ‘Avatar’ Becomes 2nd-Highest Grossing Movie Read the rest of this entry »
Tags: AIG, Barack Obama, Barclays, Ben Bernanke, Bonuses, Compensation, Davos, Economy, Fed, Goldman Sachs, job cuts, Movies, Politics, Real Estate, UK
- Obama’s Bank Tax Seeks $90 Billion to Repay Bailout
- US Rep Frank: Determined To Look Into Wall Street Pay
- Geithner faces demand for AIG phone records
- Fed’s Dudley Defends AIG Bailout
- Top bankers forced on to the defensive
- Wall Street bankers on defensive in grilling over financial crisis
- Panel Rips Wall Street Titans
- Bank of America May Trim Cash Part of Bonuses to 15%
- Hedge funds seen losing staff to the SEC: survey Read the rest of this entry »
Tags: AIG, Bank of America, Banks, Barack Obama, Barney Frank, Bonuses, Compensations, Foreclosures, Hedge funds, Politics, Real Estate, SEC, Taxes, Tim Geithner
Video: Sam Zell talks about the state of the real estate market; He likes Brazil
On January - 13 - 2010
Tags: Brazil, CNBC, Real Estate, Sam Zell, Videos
Chanos sees China crashing, NY Commercial real estate hits expected to continue its slide; No shock, but private equity money raising plunged 68% last year
On January - 8 - 2010
- Contrarian Investor Sees Economic Crash in China
- Further Slide Seen in N.Y. Commercial Real Estate
- US Private Equity Fund-Raising Falls 68% To $95.8 Bln In 2009 Read the rest of this entry »
Tags: China, Crashes, Jim Chanos, New York, Private equity, Real Estate, Short sellers
- Senator Dodd Said to Not Seek Re-election in November
- Galleon founder faces more US charges
- TCW Pulling Out of PPIP
- Shumway Capital Sells Stake to Goldman Sachs’s Petershill Fund
- Citi’s Havens Got $9 Million for ‘09
- Hedge Fund AQR Goes ‘Mom & Pop’
- Ex-UBS Banker, Informant Birkenfeld Seeks Probe of Prosecutors
- Distress Calls Begin to Go Out Read the rest of this entry »
Tags: AQR, Citigroup, Galleon, Goldman Sachs, Hedge funds, Insider Trading, Lehman Brothers, Politics, PPIP, Raj Rajaratnam, Real Estate, UBS
- Tepper Turns Panic to Profits With $6.5 Billion Hedge Fund Gain
- Morgan Stanley Shuffles Leadership
- Third Avenue co-chief investment officer steps down
- The Quickie Bankruptcy
- Suit Over Resorts Hits Credit Suisse
- Greece May Borrow Privately Through Banks This Month
- Plunging home prices pull Manhattan buyers back in
- Silicon Valley ‘Bloodbath’ Leaves Entire Office Buildings Empty Read the rest of this entry »
Tags: Appaloosa, Bankruptcy, Credit Suisse, Dave Tepper, Hedge funds, Junk Bonds, Lawsuit, Marty Whitman, Morgan Stanley, Real Estate
File this under accidents waiting to happen: FHA making easy big loans to those with little cash down #EasyMoney #CreditCrunch #RealEstate #FHA
On November - 20 - 2009
Sounds like they’ve learned little, if nothing during the real estate meltdown. According to the NY Times the FHA is making easy money for big mortgages available to those with virtually no cash down. It recently loaned three nearly cashless twenty-something guys the scratch to buy a 2 unit apartment building for close to $1 million. Their collective downpayment? Around $33K, or $11K a piece. Virtually no skin in the game. Oy. Read the rest of this entry »
Tags: Accidents waiting to happen, Credit Crunch, Easy money, FHA, Meltdowns, Real Estate
Ivanka Trump isn’t so happy with the Crains NY story about her and Jared
On November - 16 - 2009
Crain’s NY published a piece on Ivanka Trump and her new hubby Jared Kushner. Doesn’t seem like she’s so pleased with the piece given her Twitter tweets from a little while ago: Read the rest of this entry »
Tags: Donald Trump, Ivanka Trump, Jared Kushner, Lucky Sperm club, Real Estate, Wealth
- Fannie Arrives at a Deal to Sell $2.6 Billion in Unused Tax Credits
- Citigroup Plans IPO For Primerica Life-Insurance Unit
- Uproar as Firms Get Swine-Flu Vaccine
- AIG Posts Net Income of $455 Million, Second Straight Profit
- Fannie’s Draws From Emergency Treasury Fund Reach $60 Billion Share Business Exchange
- Buffett’s ‘Wake-Up Call’ to Managers May Signal More Cost Cuts
- BofA’s Moynihan Said to Testify as House Sorts Merrill E-Mails
- BNY Mellon’s Kelly Says He Doesn’t Want Bank of America Post
- U.S. Property Investors Deem 2010 Worst Time to Sell Read the rest of this entry »
Tags: AIG, Bank of America, Citigroup, Fannie Mae / Freddie Mac, Goldman Sachs, Morgan Stanley, Real Estate, Warren Buffett
- GMAC Asks for Fresh Lifeline
- Pay Czar Increased Base Pay at Firms
- Dem bill urges new US powers over financial firms
- U.S. home price gains may not be sustainable: Shiller
- Fears of a New Chill in Home Sales
- Icahn Sets Out to Derail CIT’s Revamp Read the rest of this entry »
Tags: Autos, bailout, Carl Icahn, Compensation, GMAC, Pay czar, Real Estate, Retailing
- Meriwether setting up new hedge fund
- TPG Plans to Return $20 Million in Fund Fees
- Hamptons Home Sales Surge Most in Five Years Amid 19% Discounts Read the rest of this entry »
Tags: Fees, Hamptons, John Meriwether, liquidations, Liquidations / implosions, Real Estate, TPG
- Big financial firms losing power on Capitol Hill
- Fade to blackstone
- Barclays chief warns on regulation
- Credit Suisse to sell Canary Wharf building
- Crude Oil Retreats After Reaching One-Year High Above $79
- CBOE Takeover May Have to Wait for Settlement of Ownership Suit
- London Agents ‘Sold Out’ as Home Asking Prices Jump to Record Read the rest of this entry »
Tags: Banks, Barclays, Blackstone, Canary Wharf, CIT, Credit Suisse, D.C., Nobel, Oil, Politics, Real Estate, TV, UK
- Renaissance’s Simons Said to Retire From Hedge Fund
- Hedge-Fund Legend Simons Will Retire
- ‘Cruz Missile’ Returns With a Hedge Fund
- Wall Street on Geithner’s Speed Dial
- Pay czar urged to stop BofA CEO pension
- Dollar Rises as Bernanke Says Fed Set to Tighten Upon Recovery
- Apartment Values Likely to Drop More, BlackRock Realty Says Read the rest of this entry »
Tags: Bank of America, Ben Bernanke, Fed, Hedge funds, Jim Simons, JP Morgan, Ken Lewis, Pay czar, Real Estate, Renai, Renaissance Technologies, Tim Geithner, US Dollar, Zoe Cruz
- Citi eyes commodities unit sell-off
- Hedge funds win Church of England blessing
- Fed Frets About Commercial Real Estate
- Wall Street Regulation Won’t Be Completed This Year, Bair Says
- Gold Prices Hit New Record High
- Keeping Warm Looks Cheaper This Winter
- ING Said to Sell Swiss Unit to Baer for $500 Million
- Office Rents Dive as Vacancies Rise Read the rest of this entry »
Tags: Citigroup, Compensation, Energy, Fed, Gold, Hedge funds, Media, Microsoft, Real Estate
- Goldman Sachs launches recruiting drive
- Bank Pulls Back From Acorn Work
- Job losses, early retirements hurt Social Security
- Trustee Plans to Sue Madoff Family Members for $198 Million
- Phone Calls Add to Din Over Loans
- Merkel Wins Majority for Tax-Cut Coalition in Germany
- New York Governor Paterson Says He’ll Run in 2010
- Stanford remains hospitalized after jail fight
- ‘Black Swan’ Author Taleb Asks Why Bernanke Kept Post Read the rest of this entry »
Tags: Allen Stanford, Bank of America, Ben Bernanke, Bernie Madoff, Citigroup, Countrywide, Fed, Goldman Sachs, Michael Jackson, New York, Politics, Private equity, Real Estate, Social Security
- Khadafy booted from Camp Trump
- Palin Attacks Fed on Hong Kong Visit, Wants ‘Responsible China’
- Ken and Linda Lay’s condo for sale for $12.8 million
- MCapital delays launch amid lack of seed funds
- Yale Endowment Posts a 25% Loss
- Harvard, NYU Law Students Left Hanging as Firms Slash Offers Read the rest of this entry »
Tags: Donald Trump, Endowments, Fed, Harvard, Hedge funds, Ken Lay, Law School, Moammar Khadafy, NIMBY, Real Estate, Revolving Door, Sarah Palin, terrorist thugs, Yale
- Bank of America to Pay for Merrill Backstop, Faces SEC Trial
- SEC Gets Tougher With Bank of America
- Amaranth Advisors Seeks at Least $350 Million From Touradji
- F.D.I.C. May Borrow Funds From Banks
- Fed to Miss Review Deadline
- AIG banks that Hank gets it out of the tank
- Gender bender at RBC
- Venezuela says to pay $5 bln oil service debts Read the rest of this entry »
Tags: AIG, Amaranth, Bank of America, Deutsche Bank, Discrimination, FDIC, Fed, Hedge funds, high yield bonds, Merrill Lynch, Oil, RBC, Real Estate, retail, SEC
