May 23, 2013
Mohenjo
Business
amazon, Bank Subsidies, Bank Subsidy, Banking, Banks, Big Bank Subsidies, Big Bank Subsidy, biggest banks, business, Business News, economy, getty images, goldman sachs, Hotels, html ref, huffingtonpost, human-rights, politics, real-estate, research, Science, Science News, Slideshow, technology, Technology News, Too Big To Fail, Too Big To Fail Banks, Too Big To Fail Subsidies, Too Big To Fail Subsidy, travel, vacation, Video
FROM
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America’s biggest banks want you to believe that they get no special advantage, no subsidies, from being too big to fail. And yet people keep finding evidence of those subsidies.
The latest is World Bank economist Deniz Anginer, in a study for Bloomberg Markets magazine. Anginer estimates that the six biggest U.S. banks have saved $82 billion in borrowing costs since 2009 because investors believe the government will never let them fail and thus don’t charge as much to lend them money as they do smaller banks. The report will be published in the June issue of the magazine.
Together with dirt-cheap government borrowing programs, Bloomberg estimates these banks — JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley — have saved $102 billion since 2009 because of their size advantage.
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A new study tries to estimate the subsidies enjoyed by too-big-to-fail banks. (Victor J. Blue/Bloomberg via Getty Images)
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.Click link below for story, slideshow, and video:
http://www.huffingtonpost.com/2013/05/10/too-big-to-fail-subsidies_n_3252879.html?ref=topbar
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May 11, 2013
Mohenjo
Business
Bank Subsidies, Bank Subsidy, Banking, Banks, Big Bank Subsidies, Big Bank Subsidy, business, Business News, climate, economy, occupy-wall-street, real-estate, Science, Too Big To Fail, Too Big To Fail Banks, Too Big To Fail Subsidies, Too Big To Fail Subsidy
FROM
Click link below picture
.
America’s biggest banks want you to believe that they get no special advantage, no subsidies, from being too big to fail. And yet people keep finding evidence of those subsidies.
The latest is World Bank economist Deniz Anginer, in a study for Bloomberg Markets magazine. Anginer estimates that the six biggest U.S. banks have saved $82 billion in borrowing costs since 2009 because investors believe the government will never let them fail and thus don’t charge as much to lend them money as they do smaller banks. The report will be published in the June issue of the magazine.
Together with dirt-cheap government borrowing programs, Bloomberg estimates these banks — JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley — have saved $102 billion since 2009 because of their size advantage.
.
A new study tries to estimate the subsidies enjoyed by too-big-to-fail banks. (Victor J. Blue/Bloomberg via Getty Images)
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.Click link below for story, slideshow, and video:
http://www.huffingtonpost.com/2013/05/10/too-big-to-fail-subsidies_n_3252879.html?ref=topbar
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March 4, 2013
Mohenjo
Business
advertising, amazon, AOL Real Estate, aviation, business, Environment, gaming, Hotels, house of the day, most expensive home sale in US, most expensive homes, most expensive homes in america, most expensive houses, real-estate, research, Science, Science News, second most expensive home sale in america, second most expensive home sale in US, shocking discovery, Silicon Valley, Stanley Kroenke, technology, Technology News, transportation, travel, vacation, Woodside california
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Our eyes nearly popped out of our heads when we saw the reported sale price of this Woodside, Calif., mega-mansion: $117.5 million! If it’s true, it would be the second most expensive home sale ever in the United States. (Billionaire Stanley Kroenke holds the No. 1 spot for his $132.5 million purchase of a Montana ranch last November.)
Bay Area blog SF Luxe came across the shocking discovery, pointing to public records on listings site Redfin showing the astronomical sale price of the 8,930-square-foot home in the middle of Silicon Valley.
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.Click link below for article:
http://realestate.aol.com/blog/2013/01/25/2nd-most-expensive-home-sale/
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November 26, 2012
Mohenjo
Business, Crime
Angelo Mozilo, Bank Of America, business, Business News, countrywide financial, Credit Suisse, economy, Eric Schneiderman, Housing Crisis, huffingtonpost, Mortgage Fraud, Mortgage Fraud Charges, Mortgage Fraud Credit Suisse, Mortgage Fraud Jpmorgan, Mortgage Fraud Lawsuits, Mortgage Fraud Task Force, mortgage lending, mortgage market, ncid, real-estate, research, Science, Science News, technology, travel, vacation, Video, Wells Fargo
FROM
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Even in the movie version of the financial crisis, the giant mortgage company accused by the U.S. government of rampant fraud and abuse wouldn’t be so obvious as to nickname its mortgage lending program “the Hustle.”
The real-life Countrywide Financial, however, was not known for its subtlety. In 2007, as the mortgage market was collapsing, Countrywide, now part of Bank of America, used the hustle — officially, a program it called the “High Speed Swim Lane” — to eviscerate lending standards in order to keep pumping out home loans, even though many were fraudulent, according to a lawsuit filed by the U.S. government last month.
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.Click link below for story,slideshow, and video:
http://www.huffingtonpost.com/2012/11/21/mortgage-fraud-lawsuits-_n_2174002.html?ncid=edlinkusaolp00000003
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October 27, 2012
Mohenjo
Crime
aviation, business, Crime News, current-events, economy, huffingtonpost, Man Finds Family Murdered, Mother 2 Children Murdered Sacramento, Mother 2 Kids Murdered Sacramento, parenting, Rancho Cordova Murdered, real-estate, Sacramento Family Killed, Sacramento Family Murdered, transportation, travel, vacation
FROM
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SACRAMENTO, Calif. — A mother and her two toddlers were found violently slain inside their home in suburban Sacramento Tuesday afternoon, sending police scrambling for leads in the residential neighborhood. A 6 month-old infant was later found crying inside a crib in the back of the house, authorities said.
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.Click link below for story:
http://www.huffingtonpost.com/2012/10/24/mother-children-murdered-sacramento-family_n_2008462.html?ncid=edlinkusaolp00000003
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October 25, 2012
Mohenjo
Business
AKAM Living Services, aviation, business, Business News, cars, celebrities, Central Park West, current-events, Donald Trump, Donald Trump Fired, Fifth Avenue, huffingtonpost, luxury buildings, real-estate, The Donald, transportation, travel, Trump, Trump Organization, Trump Place, Trump Place Fires Trump, Trump Place Management, trump tower, vacation, Video, West End Avenue, You'Re Fired
FROM
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Oh, the irony.
The condominium board at Trump Place has quietly fired the Trump Organization from managing the pricey high rise on the Hudson River that bears its name.
Sources told The Real Deal that the condominium board replaced Trump with AKAM Living Services, a management firm that has presided over luxury buildings at such high-end zip codes addresses as Central Park West, Fifth Avenue and West End Avenue.
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.Click link below for story:
http://www.huffingtonpost.com/2012/10/23/the-donald-fired-from-trump-tower-no-longer-manger-new-york-high-rise_n_2006368.html?icid=maing-grid7|myaol|dl2|sec1_lnk3%26pLid%3D224863
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September 30, 2012
Mohenjo
Human Interest
AOL Real Estate, business, celebrities, com blog, cruise and katie holmes, current-events, entertainment, hollywood, Katie Holmes, real-estate, Tom Cruise, tom cruise and katie, tom cruise and katie holmes, travel, vacation
Click link below picture
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.Click link below for more houses:
http://realestate.aol.com/blog/gallery/the-many-properties-of-tom-cruise-and-katie-holmes/
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September 4, 2012
Mohenjo
Arts
art, business, cars, Culture News, design, Edvard Munch, Edvard Munch The Scream, Edvard Munch The Scream Auction, Edvard Munchs Painting The Scream, green leaves, huffingtonpost, real-estate, Scream Auction, Scream Painting, Scream Painting Auction, Sotheby's, Sothebys The Scream, The Scream, The Scream Auction, The Scream Auction Liveblog, The Scream Auction Results, The Scream Edvard Munch, The Scream Painting, The Scream Painting Auction, transportation, Video
FROM
The Internet Newspaper: News, Blogs, Video, Community
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Edvard Munch’s iconic work, “The Scream,” broke a world record tonight, becoming the most expensive artwork sold in an auction.
Estimates for the sale varied from $80 million to $200 million. The artwork — which is not a painting but is pastel on board — ended up selling for $119,922,500, surpassing the previous record-holder, Picasso’s “Nude, Green Leaves, and Bust,” which sold for $106.5 million in 2010. Cezanne’s “The Card Players” has the honor of going for the highest price, period (meaning not at auction) — it was sold in a private sale to Qatar (yes, the country) for $250 million last year.
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.Click link below for story and video:
http://www.huffingtonpost.com/2012/05/02/the-scream-auction-edvard-munch_n_1472529.html?1336003717&icid=maing-grid7%7Cmyaol%7Cdl1%7Csec1_lnk3%26pLid%3D157353
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June 30, 2012
Mohenjo
Human Interest
Amy Winehouse, Amy Winehouse Estate, Back to Black, Blake Fielder-Civil, business, cars, celebrities, climate, current-events, Death, design, dl4, entertainment, Environment, estate, estate worth 2.94 million pounds, Family, Fortune, Fortune To Go To Family, Future, Green News, Health, hollywood, huffingtonpost, human-rights, LONDON, london records, maing, medicine, mental-health, Mitch Winehouse, myaol, nature, politics, real-estate, religion, research, Science, Science News, technology, transportation, travel, TV, vacation, Winehouse, World News
FROM
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LONDON — Records show Amy Winehouse left an estate worth 2.94 million pounds ($4.66 million)) after her death last year.
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Documents reveal that Amy Winehouse’s
estate will be left to her family.
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.Click link below for story and photos:
http://www.huffingtonpost.com/2012/03/28/amy-winehouse-estate-will-left-money-to-family_n_1385564.html?icid=maing-grid7|myaol|dl4|sec1_lnk3%26pLid%3D147290#s314585
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May 10, 2012
Mohenjo
Human Interest
business, celebrities, Conn real estate, contested huguette clark will, entertainment, Gilded Age, huguette, huguette clark, huguette+clark+homes, maing, New Canaan, new york real estate, pre-war architecture, real-estate, reclusive heiress, Santa Barbara real estate
From AOL Real Estate.
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When Huguette Clark died in spring 2011, she left behind a massive fortune, two conflicting wills, the mysterious aura of recluse, and some of New York City’s choicest real estate. Now the fates of three apartments owned by the famed philanthropist, who was last photographed more than 80 years ago, are set to be settled: The residences are on sale for $55 million.
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.Click link below for article and video:
http://realestate.aol.com/blog/2012/03/09/huguette-clark-reclusive-heiress-leaves-behind-55-million-apa/?icid=maing-grid7|myaol|dl1|sec1_lnk3%26pLid%3D142342
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