November 17, 2009
“For more than a year, FDIC has been seeking a buyer for 36 partially built condos it inherited from a high-flying, short-lived Atlanta bank… fending off vandals, haggling with architects and uncovering the developer’s blunders, all in a bid to dispose of this condo project, just one of the 2,554 foreclosed assets on its books.”
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November 16, 2009
Welcome to the new reality: “A record number of U.S. companies beat earnings expectations in the third quarter, but a big portion of their profits came from cost-cutting, disappointing investors who were hoping for boosts in revenue.” Will this hold through Christmas? We’ll see.
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