Name the Country’s *Banking Capital See you how do on this quick financial quiz: In order of total market cap (“capitalization,” or entity value), calculated as of today (1/14/09), rank the following pairs of banks and their headquarters cities: —Citigroup and JP Morgan (New York City)–Bank of America and Wachovia (Charlotte)–Wells Fargo and U.S. Bank...Read More
Lack of Standardized ContractsCreates Foreclosure Can of Worms From a realtor’s perspective, representing a Buyer trying to purchase a foreclosure can present an endless can of worms. For starters, there’s the issue of the house’s condition. What is it? Unlike a typical owner-occupied home, there are no disclosures, and the Buyer usually must agree to...Read More