Word: kadlec
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...When refinancing, insist on a lower "reissue" rate for title insurance. Odds of title problems in a refinancing are very low. --By Daniel Kadlec...
...long-distance market. There probably isn't enough business for all three dedicated long-distance firms: AT&T, Sprint and MCI. A spiffed-up MCI coming out of bankruptcy court could quickly become takeover bait. And that would end this corporate saga pretty much where it began. --By Daniel Kadlec. Reported by Dody Tsiantar and Barbara Kiviat/New York and Alice Jackson Baughn/Brookhaven
...That is, if Fannie and Freddie don't go bust. Greenspan warned that the heavy debt of these lenders poses a catastrophic risk to the banking system. That sent their stocks tumbling--making millions of investors poorer. Apparently, the Fed chief had it in for bulls too. --By Daniel Kadlec. With reporting by Adam Zagorin
...have fallen enough to be a bargain--at least until the recovery really takes off. But beach houses to rent for income are so five years ago. For more, you'll have to read on. Our panel met in early August and was moderated by TIME senior writer DANIEL KADLEC. The experts: Seymour Lotsoff, senior managing director at hedge-fund firm Lotsoff Capital Management; Dagny Maidman, managing director of private client services at Bank of America Securities; Robert Smith, manager of the T. Rowe Price Growth Stock Fund; and Tobias Levkovich, U.S. equity strategist for Smith Barney. Their thoughts...
...their own money on a terrorist strike would quickly aggregate their wisdom and perhaps provide leads. Meanwhile, there's collateral damage. Sources tell TIME that a prototype market for health officials to wager on a SARS outbreak--to help pinpoint hot spots--lost funding in the process. --By Daniel Kadlec...