Word: selling
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...graphic, almost vengeful detail. Ironically, the 60-year-old Weinstein, who calls Madoff a "beast" and a "monster," has done more than anyone else to humanize the inscrutable investment scammer, painting him as an insecure man capable of tender courtship and dashing romance. Weinstein, whose family was forced to sell their home after being wiped out in Madoff's scam, spoke with TIME about the origins of the affair, how her family has reacted to the book and what may have motivated Madoff to put together what's considered to be the largest Ponzi scheme of all time. (See pictures...
...efficient cars and crossovers - and for the right price point. Recently announced production increases are modest and fit this description; therefore, I'd agree with them. The worst-case scenario for dealers - and the manufacturers - is to have qualified buyers on your lot and not have the inventory to sell. (See the most exciting cars...
...home prices in 20 cities saw a 1.4% gain between May and June. That's only the second time the index has risen since the summer of 2006 (the other time was the month before). Once you adjust the data for seasonality - the fact that houses tend to sell for more money in the warmer months - the increase in July was actually the first since May 2006. Home-price data from the Federal Housing Finance Agency, which tracks homes with mortgages owed or guaranteed by Fannie Mae and Freddie Mac, also showed a May-to-June gain...
...Experts also have doubts that Chinese regulators can get enough control over the Puer market to build a premier brand. Beijing's standards only apply to domestic producers; competitors in Vietnam, Sri Lanka and Burma can continue to grow and sell their own "Puer" tea. Hoffman, the collector, predicts that fakes will persist and urges caution. "This has always been a buyer-beware market, and it will always be thus," he says.(Read "Will China's New Food-Safety Laws Work...
...willing to buy the house outright from them for what I'm told they'd probably get it for at auction, around $100,000. Anything to keep the house. My neighborhood's got too many foreclosed homes as it is." She points to one that lenders have yet to sell - but which she and her neighbors fear has become a nighttime lair for drug-addict squatters. (Watch a video on people facing foreclosure in Tampa...