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Yes. This crisis was substantially caused by a failure to manage real estate risk. Notably, we got individual homeowners into a leveraged position typically with their entire life savings in real estate in one city, in one house. That's very risky. I have one proposal for continuous workout mortgages...
Strong initial orders for Tata Motors' new ultra-cheap car, the Nano, have boosted the struggling Indian carmaker's finances while prompting competitors to launch their own low-cost models. (Read "The World's Cheapest Car Debuts in India.")
They could be waiting a long time. Initial Nano production is taking place at a retooled truck plant in Pantnagar in northern India. Tata does not expect to open its dedicated Nano factor - a facility that will be able to churn out 250,000 cars a year that is now...
Wall Street's number crunchers are happy. Stock technicians, who use mathematical formulas as well as charts and historical data to figure out where share prices are headed, believe the market's rally that started in early March, and has pushed stocks up 36% in less than two months, is...
The University, which began initial drafting of the approximately 100-page reaccreditation report last summer, released last month its most recent version of the document, which addresses how the institution is working to meet the 11 standards of accreditation, ranging from academics to University finances.