Up and down Wall Street Jim Cramer is running into ‘for rent’ signs. And they’ve got nothing to do with available office space.
Read more: http://www.cnbc.com/id/101520766
Up and down Wall Street Jim Cramer is running into ‘for rent’ signs. And they’ve got nothing to do with available office space.
Read more: http://www.cnbc.com/id/101520766
It was two years ago, almost to the day, that Warren Buffett said on CNBC he would buy up, “a couple hundred thousand” single family homes if it were practical to do so. Some claim that opened the floodgates to investors in the single-family rental trade.
Read more: http://www.cnbc.com/id/101472045
Miami is attracting the LeBron James of Wall Street, the Dwyane Wade of Greenwich equity, and the Chris Bosh of Boston — financial titans who are relocating to pay less in taxes and maintain a luxury lifestyle with a glittering social scene.
Read more: http://tinyurl.com/m88mxmq
The last time the housing market was this hot in Phoenix and Las Vegas, the buyers pushing up prices were mostly small time. Nowadays, they are big time — Wall Street big.
Read more: http://www.cnbc.com/id/100786803
Wall Street investment firms are feverishly grabbing single-family homes, the Washington Post reports.
Wall Street’s been buzzing about this trade for a while.
Read more: http://tinyurl.com/cwkrmcz
I’d like to share with you a key pair of sentences from the congressional report on MF Global’s collapse, summing up a long investigation led by Louis Freeh:
Corzine, an active trader at the firm, was supposed to be supervised by the company’s chief compliance officer. But the oversight mechanism was put in place to make sure he wasn’t engaged in insider trading or market manipulation — the officer had no control over the ‘economic rationale’ of the trading decisions, the report said.
Read more: http://tinyurl.com/br7umf7