Distressed Real Estate

Distressed Asset News

• 6 Reasons Why The U.S. Economy In Better Shape Than You Think: Milken Institute (PHOTOS) July 31, 2010
  First the bad news: a growing number of economists suggest the U.S. has significant chance of falling into another recession — and today’s G DP numbers aren’t much comfort. The good news, however, is that not every prominent economist shares that view. […]
• BP CEO Tony Hayward’s Worst Gaffes: A Series Of PR Nightmares (PHOTOS, VIDEO) July 31, 2010
  When BP announced this week that CEO Tony Hayward would be stepping down in October , very few were surprised. While BP’s top brass were united in defending Hayward’s tenure , it’s hard to argue that BP would be better served with Hayward at the helm. Disregarding for a moment that Hawyard’s time at BP has been noted for an attention to the bottom line rathe […]
• TCW To Split Off 115B Unit July 31, 2010
  A group of money managers at TCW Group are splitting off their 115 billion operation form the Los Angelesbased firm More here: TCW To Split Off 115B Unit […]
• Van Eck Floats Currency Bond ETF July 31, 2010
  Van Eck Global the New Yorkbased asset manager has unveiled the Market Vectors Emerging Markets Local Currency Bond ETF Excerpt from: Van Eck Floats Currency Bond ETF […]
• Survey 75 Vanguard DC Plans Offer TDFs July 31, 2010
  A Vanguard survey found that 75 of defined contribution plans for which the firm is record keeper offered targetdate funds in 2009 and 42 of the plans participants invested in them Go here to see the original: Survey 75 Vanguard DC Plans Offer TDFs […]
• Dodd Pushing FDIC Chair Sheila Bair To Run Consumer Financial Protection Bureau July 31, 2010
  Sen. […]
• Vermont Seeks Stable Value Servicer July 31, 2010
  The State of Vermont Office of the State Treasurer is looking for stable value investment management services and contract wrap services for a retirement fund See the article here: Vermont Seeks Stable Value Servicer […]
• Towers Watson Principal Joins Mercer July 31, 2010
  Mercer has appointed Vi Phu to its Houston office as principal and actuary for its Health and Benefits consulting business Go here to read the rest: Towers Watson Principal Joins Mercer […]
• Video: Gartenberg Discusses Outlook for a RIM Tablet Computer: Video July 31, 2010
  July 30 (Bloomberg) — Michael Gartenberg, partner at research firm Altimeter Group LLC, talks about the possibility of a tablet computer by Research In Motion Ltd., the makers of the BlackBerry handheld device, and the outlook for a Facebook Inc. initial public offering.¶ Gartenberg speaks with Pimm Fox on Bloomberg Television’s “Taking Stock”. (Source: Bloo […]
• Oil Spill Legislation Passes House July 31, 2010
  WASHINGTON — The House approved a bill Friday to boost safety standards for offshore drilling, remove a federal cap on economic liability for oil spills and impose new fees on oil and gas production. Democratic leaders hailed the bill as a comprehensive response to the Gulf of Mexico oil spill and said it would increase drilling safety and crack down on oil […]