Word: ownerships
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Dates: during 2000-2009
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...leave the public holding the bag. We have a parallel thing going on in the investment world. We've turned this from an own-a-stock industry into a rent-a-stock industry. You're in and out, and you don't give a damn about all the ownership things that are going wrong...
...nation's hottest real estate markets-that many investors today are "parasites" who artificially "raise the price of housing" but "don't bring any value." Craig Robins, head of Dacra Developers in Miami, concurs: the investors, he says, are bringing a hyper-short-term mentality to real estate ownership that creates too much turnover and "diminishes both the financial and community integrity of any development...
...internet database Foreclosure.com. This marks "an uncharacteristic upward trend throughout the summer months," says Brad Geisen, president and CEO of the online service. "More significantly, we're seeing an increase in foreclosures in a majority of states. These blanket increases may indicate that factors such as weakening sustainable home ownership and the volatility of the housing market are beginning to add to geographic economic factors that contribute to foreclosures...
...sleepy coastal town that was to become her base for the next three months - and was greeted by rain clouds. Munda is not a place of obvious menace; nor of timetables and hurry-up. The policing style required is more subtle, even though the issues are not: land ownership disputes, domestic violence, alcoholism and sexual abuse. Here negotiation, cultural sensitivity and trust are as important as muscle...
...million and by the beginning of the year had sold their entire stake, starting with a public offering in 2004. KKR and Goldman haven't disclosed details, but people familiar with the finances say the investors at least tripled their initial investment. Over the five years of ownership, the firm has expanded in Asia and Europe, strengthened its U.S. business via a joint venture with IBM and doubled its operating profits. Karl-Heinz Stiller, Wincor Nixdorf's CEO, points out that the firm created 3,200 jobs, including more than 1,000 in Germany. "I would go the same...