UPDATE 1-Economy, TARP conspire against commercial mortgages - Reuters
NEW YORK, Nov 19 (Reuters) - Bonds backed by commercial real estate loans cratered for a second day on Wednesday on fears the fast-weakening U.S. economy could lead to a wave of defaults on loans on properties such as office buildings, retail stores ...
Troubled retailer+Ackman= $5 bln REIT IPO? - Reuters Blogs
Hedge fund manager William Ackman has come up with a plan to save troubled discount retailer Target: form a trust with the land the Minneapolis-based store chain owns, spin off 20 percent of that into a $5 billion IPO, then use that money to lower ...
A startled Europe asks, 'Could Obama happen here?' Answer: No - Globe and Mail
LONDON -- Europeans expected the election of Barack Obama to change the way they related to the United States. What they didn't realize was how much it would turn their own worlds upside down. The election across the Atlantic has acted like a grenade ...
Home Prices Tumbled in 3rd Quarter, Realtors Say - Wall Street Journal
WASHINGTON -- Home prices fell in a record four out of five U.S. cities in the third quarter as low-cost foreclosures flooded the market and the U.S. housing market's decline spread throughout the country. Among 152 metropolitan areas included in the ...
Ottawa determined on single securities regulator - Globe and Mail
OTTAWA — Finance Minister Jim Flaherty insisted Wednesday that Canada will create a national securities regulator even if some provinces remain opposed. The finance minister made the blunt pronouncement Wednesday in answering questions about a ...
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