Jill Van Horn Issues Rambling Press Release Referring To Herself As A Prophet Who Will Save The World’s Largest Industrial Ruin And Detroit “Prior to placing the bid on the Packard Plant, Dr. Van Horn’s prophecy was to resurrect Detroit by providing education, jobs and vocational training to the city’s residence, simultaneously unplugging the financial arteries […]
The Dubai Economic Comeback Is Going Nuts, And There’s A Surprising New Factor Fueling The Boom Joe Weisenthal of Business Insider wrote a great piece about the Dubai economic comeback. Here’s a fascinating nugget from SocGen strategist Kit Juckes, who just spent some time in Dubai. Everyone knows that there’s a huge real estate boom there […]
JPMorgan Has No Idea What they Bought From The FDIC Matt Levine of Bloomberg wrote a great piece about how JPMorgan Chase has no idea what WaMu Assets They Bought From The FDIC You may have heard that the nation’s third largest bank is paying a lot of people billions of dollars to settle those […]
Even Ferris Bueller’s Gullible Mom Wouldn’t Believe The $6 Million Bid For The Packard Plant Is Serious But Wayne County Deputy Treasurer David Szymanski Does “Wake up and smell the coffee, Mrs. Bueller. It’s a fool’s paradise. He is just leading you down the primrose path.” -Edward R. Rooney, Dean of Students, Ferris Bueller’s Day […]
John Gittelsohn & Heather Perlberg from Bloomberg wrote a great piece about Blackstone Funding Steve Schwarzman’s Blackstone Group LP (BX) has spent $7.5 billion acquiring 40,000 houses in the past two years to create the largest single-family rental business in the U.S. The private-equity firm is now planning to sell bonds backed by lease payments, the latest step in […]
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