_Economy and Finance

http://www.telegraph.co.uk/ Tesco: Europe's biggest property company 12:01AM BST 22 Apr 2007 Baked beans and mange tout make up a small part of what makes the supermarket tick, write James Hall and Jonathan Russell

English 한국어 Algae eyed as next biofuel source in RP by '08 Updated April 2, 2007 | Iloilo City, Philippines Roxas City – After sugarcane, coconut, jatropha, cassava and sweet sorghum, here comes algae. The PNOC Alternative Fuels Corp. may introduce the use of biodiesel from algae next year, saying it is about to enter talks with a US-based firm engaged in algae technology on how to derive and market biodiesel from algae. PNOC-AFC president and CEO Peter Anthony A. Abaya on Wednesday said the company would be talking middle of next month with the firm. He declined to name the US firm. The US ecotechnology company, he said, is rapidly becoming an industry leader in the renewable energy market and is pioneering the algae-to-biofuel technology. “We are not only looking at jatropha as a potential source of biodiesel but we are also working at the science of deriving biodiesel from algae," Abaya said. Abaya...

Macklowes Notch Second-Biggest Building Buy in U.S. History By John Koblin 2/19/07 12:00 am Macklowe Properties paid $1.73 billion for Worldwide Plaza at 825 Eighth Avenue, the second-largest sale price for an office building in U.S. history. http://observer.com/2007/02/macklowes-notch-secondbiggest-building-buy-in-us-history/

Articles: Sir John Templeton Consider these 'words of wisdom' about investing By Bob Parkman 9/20/2006 Many of us are inspired by great quotations. And you can find plenty of them related to investing. Let's take a look at some of these quotes to determine what they may have to offer us. http://www.sirjohntempleton.org/

Mezzanine and Equity Financing For Real Estate Deals: Historically, foreign entities have been willing to invest in the U.S. real estate market either as the senior lender to the project or as an equity player. Recently, foreign investors have shown a greater willingness to also provide the mezzanine financing for U.S. real estate projects. This article discusses the business and legal differences and risks associated with this type of financing as compared with equity financing.

Mr. McGuire: I want to say one word to you. Just one word. Benjamin: Yes, sir. Mr. McGuire: Are you listening? Benjamin: Yes, I am. Mr. McGuire: Plastics. Benjamin: Exactly how do you mean? Mr. McGuire: There's a great future in plastics. Think about it. Will you think about it? - Walter Brooke as Mr. Mcguire from The Graduate (1967) The bolded line is ranked #42 in the American Film Institute's list of the top 100 movie quotations in American cinema. http://vanziggy.blog.me/50040490628

Gordon Gekko: Teldar Paper, Mr. Cromwell, Teldar Paper has 33 different vice presidents each earning over 200 thousand dollars a year. Now, I have spent the last two months analyzing what all these guys do, and I still can't figure it out. One thing I do know is that our paper company lost 110 million dollars last year, and I'll bet that half of that was spent in all the paperwork going back and forth between all these vice presidents. The new law of evolution in corporate America seems to be survival of the unfittest. Well, in my book you either do it right or you get eliminated. In the last seven deals that I've been involved with, there were 2.5 million stockholders who have made a pretax profit of 12 billion dollars. Thank you. I am not a destroyer of companies. I am a liberator of them! The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutio...