RECOVERY AT RISK
Summers: More stimulus needed
By Chris Isidore @CNNMoney June 13, 2011: 11:13 AM ET
NEW YORK (CNNMoney) -- Larry Summers, formerly one of the top economic advisors to President Obama, is advocating more government stimulus to jumpstart the struggling U.S. economy.
Monday, June 13, 2011
Office market: Construction tracks the health of banking - FT.com
Frankfurt as a Financial Centre
June 13, 2011 4:12 pm
Office market: Construction tracks the health of banking
By Ed Hammond
The lofty canyons of Frankfurt’s financial district are once again reverberating with the rumble of heavy machinery.
Caterpillar-tracked piling rigs plunge drill heads into the soil, boring the deep holes for the concrete and steel foundations from which the city’s next generation of skyscrapers will rise.
http://www.ft.com/intl/cms/s/0/ed5ea1c8-955e-11e0-a648-00144feab49a.html#axzz2PXw36Vqx
June 13, 2011 4:12 pm
Office market: Construction tracks the health of banking
By Ed Hammond
The lofty canyons of Frankfurt’s financial district are once again reverberating with the rumble of heavy machinery.
Caterpillar-tracked piling rigs plunge drill heads into the soil, boring the deep holes for the concrete and steel foundations from which the city’s next generation of skyscrapers will rise.
http://www.ft.com/intl/cms/s/0/ed5ea1c8-955e-11e0-a648-00144feab49a.html#axzz2PXw36Vqx
Bloomberg: Profits Seen Increasing Jobs as Earnings in U.S. Grow Fastest Since 1940s
Related News: Economy · Insurance · Canada · Japan · U.K. & Ireland · Stocks
Profits Seen Increasing Jobs as Earnings in U.S. Grow Fastest Since 1940s
By Shobhana Chandra - Jun 13, 2011 8:01 AM GMT+0900
Profits at American companies are poised to be one of the few bright spots in the U.S., helping to steady the faltering recovery.
Profits Seen Increasing Jobs as Earnings in U.S. Grow Fastest Since 1940s
By Shobhana Chandra - Jun 13, 2011 8:01 AM GMT+0900
Profits at American companies are poised to be one of the few bright spots in the U.S., helping to steady the faltering recovery.
Bloomberg: ‘Perfect Storm’ May Threaten Global Economy
Related News: Economy · Asia · China · Finance · Real Estate · Africa · Canada · Europe · Latin America · U.S. · Bonds · Currencies · Middle East · Japan · U.K. & Ireland · Insurance · Funds · Commodities · India & Pakistan
‘Perfect Storm’ May Threaten Global Economy
By Shamim Adam - Jun 13, 2011 8:58 AM GMT+0900
A “perfect storm” of fiscal woe in the U.S., a slowdown in China, European debt restructuring and stagnation in Japan may converge on the global economy, New York University professor Nouriel Roubini said.
‘Perfect Storm’ May Threaten Global Economy
By Shamim Adam - Jun 13, 2011 8:58 AM GMT+0900
A “perfect storm” of fiscal woe in the U.S., a slowdown in China, European debt restructuring and stagnation in Japan may converge on the global economy, New York University professor Nouriel Roubini said.
Sunday, June 12, 2011
CNN Money: Squatter Nation: 5 years with no mortgage payment
Squatter Nation: 5 years with no mortgage payment
By Les Christie June 12, 2011: 9:23 PM ET
NEW YORK (CNNMoney) -- Charles and Jill Segal have not made a mortgage payment in nearly five years -- but they continue to live in their five-bedroom West Palm Beach, Fla. home.
By Les Christie June 12, 2011: 9:23 PM ET
NEW YORK (CNNMoney) -- Charles and Jill Segal have not made a mortgage payment in nearly five years -- but they continue to live in their five-bedroom West Palm Beach, Fla. home.Reuters: U.S. banks prepare to lower use of Treasuries: report
U.S. banks prepare to lower use of Treasuries: report
NEW YORK | Sun Jun 12, 2011 7:11pm EDT
(Reuters) - A number of Wall Street's biggest banks are preparing to lower their use of U.S. Treasuries in August, the Financial Times reported on Sunday.
NEW YORK | Sun Jun 12, 2011 7:11pm EDT
(Reuters) - A number of Wall Street's biggest banks are preparing to lower their use of U.S. Treasuries in August, the Financial Times reported on Sunday.
Bloomberg: Greek Default Would Not Destabilize the Euro, Bundesbank’s Weidmann Says
Related News: Germany · Bonds · Currencies · Economy · Eastern Europe · Europe · France · U.K. & Ireland · Italy · Hedge Fund Summit
Greek Default Would Not Destabilize the Euro, Bundesbank’s Weidmann Says
By Richard Weiss - Jun 12, 2011 9:46 PM GMT+0900
Bundesbank President Jens Weidmann raised the pressure on governments to agree to a Greek bailout without the European Central Bank taking part in easing the country’s debt burden, saying the euro can withstand a default.
Greek Default Would Not Destabilize the Euro, Bundesbank’s Weidmann Says
By Richard Weiss - Jun 12, 2011 9:46 PM GMT+0900
Bundesbank President Jens Weidmann raised the pressure on governments to agree to a Greek bailout without the European Central Bank taking part in easing the country’s debt burden, saying the euro can withstand a default.
Friday, June 10, 2011
CNN Money: Recession risk: Small, but growing
RECOVERY AT RISK
Recession risk: Small, but growing
By Chris Isidore @CNNMoney June 12, 2011: 8:05 AM ET
NEW YORK (CNNMoney) -- Experts worry that the risk of falling into another recession has increased, according to a CNNMoney economic survey.
Recession risk: Small, but growing
By Chris Isidore @CNNMoney June 12, 2011: 8:05 AM ET
NEW YORK (CNNMoney) -- Experts worry that the risk of falling into another recession has increased, according to a CNNMoney economic survey.
WSJ: Mortgage Rates Set Fresh 2011 Low After Jobs Report
REAL ESTATE|JUNE 10, 2011
Mortgage Rates Set Fresh 2011 Low After Jobs Report
By DREW FITZGERALD
Home mortgage rates fell again to a fresh 2011 low as a week of downbeat jobs data fueled concerns over a possible economic slowdown this year, according to the latest survey from Freddie Mac.
Mortgage Rates Set Fresh 2011 Low After Jobs Report
By DREW FITZGERALD
Home mortgage rates fell again to a fresh 2011 low as a week of downbeat jobs data fueled concerns over a possible economic slowdown this year, according to the latest survey from Freddie Mac.
Thursday, June 9, 2011
ING completes divestment of Clarion Partners
ING completes divestment of Clarion Partners
Amsterdam, 9 June 2011
ING announced today that it has completed the sale of Clarion Partners, ING’s U.S.-based private market real estate investment manager, to Clarion Partners management in partnership with Lightyear Capital LLC for the previously disclosed amount of USD 100 million.
Amsterdam, 9 June 2011
ING announced today that it has completed the sale of Clarion Partners, ING’s U.S.-based private market real estate investment manager, to Clarion Partners management in partnership with Lightyear Capital LLC for the previously disclosed amount of USD 100 million.
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