Jon Corzine Free Until . . . 2022? “Peter Madoff Pleads Guilty to Fraud.” —Headline; The Wall Street Journal (June 29, 2012) Coming up on the four year anniversary of the demise of Bernie Madoff”s multi-billion dollar Ponzi scheme, his younger brother, Peter, has now plead guilty to fraud. Given that the case was cracked...Read More
“Countrywide” Redux: The Age of the Sovereign Sub-Prime Loan Remember sub-prime loans, the ones being handed out like candy to apparently penniless Southern Californians (and Nevadans and Floridians and . . )? With such features as “negative amortization,” whereby the Buyer could opt to re-pay as little per month (or nothing!) as they wished, with the...Read More
Not Just “Location, Location, Location” Twin Cities home Buyers (and readers of this blog) know that multiple offers are back, big-time, this year. But not everywhere, or for every property type or at every price point. So, what makes for a sure-fire bidding war, like the one that just erupted at 4340 Colfax Avenue...Read More
