Word: deale
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...Oddly enough, though, talk of the Federal Government's possible mortgage bailout is beginning to slow things down. In Los Angeles, it has plugged the deal flow, because banks are now less willing to work things out since they suspect that Uncle Sam may offer better mortgage buyouts. "Recently, a lot of the financial institutions have stopped accepting short sales to find out if the government is going to buy their loans that are in default. They're waiting to see what happens with the recent rescue plan to buy back mortgages," says Fred Arnold, president of the California Association...
...most of 2008, Chinese financial élites would retail a dark joke making the rounds in Beijing and Shanghai: we sell Americans poisoned food, toys and pharmaceuticals - and they sell us poisoned financial products. Who's getting the worst end of the deal...
...minor as it is, the iPhone app is a huge deal for Sonos users. The biggest drawback to the Sonos system is it's bloody expensive. A bundle that'll connect two rooms costs $999; the remote control itself, which has an iPod-like screen, costs $399. The new iPhone app, which is supposed to go up on Apple's app store Tuesday, basically obviates the need for the remote. It does everything the remote does...
...September 2007, the jury voted in favor of the officers and awarded them $6.5 million. Though he vowed to appeal the verdict, Kilpatrick eventually brokered a secret deal that awarded the officers $8.4 million in public money in exchange for their silence about the extramarital affair. Four months later, local media outlets used Michigan's Freedom of Information Act to obtain all relevant trial documents and, in January, the Detroit Free Press published excerpts from the more than 14,000 intimate text messages sent between Beatty and Kilpatrick via city-issued pagers. In March, the local county prosecutor charged Kilpatrick...
...site that announced the news of Fried’s endorsement. Sunstein compared Fried’s defection from the McCain campaign to that of former Secretary of State Colin Powell, who endorsed Obama earlier this month. “I think this is a really big deal in the campaign, and even in American history,” said Sunstein, who was Obama’s colleague at the University of Chicago. Randall L. Kennedy, another Law School professor advising Obama, said he was “not surprised” to learn that Fried had chosen to support...