Day

April 9, 2011

Taking Stock: Dow Jones 12,400

Ben Bernanke’s Unintended Consequences The good news? Ben Bernanke has confounded naysayers, and proven that The Federal Reserve really can resuscitate (levitate?) the stock market — now up 85% from The Crash of ’08 lows. How? By printing money — lots and lots of money — and driving interest rates into the toilet (and keeping...
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“Daddy, How Much is a Redbox?”

“Is That Like a Licensing Fee?” Getting breakfast at McDonald’s this morning, my 8 year-old son asked me how much a Redbox was. If you didn’t know, McDonald’s — and virtually every other retail location — now sport the ubiquitous red vending machines that dispense DVD’s, not soft drinks. Thinking he meant a DVD rental,...
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Is the Buyer’s Pre-Approval Letter Part of the Purchase Agreement?

(And Why it Matters) Preapproval subject to the Seller paying 3% toward the Buyer’s Closing Costs. –Lender Preapproval Letter Lawyers — and Realtors who used to be lawyers 🙂 — know that if a term isn’t included in a contract . .  . it’s not in the contract. That’s because of something called an “integration clause” —...
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