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July 14, 2014

Shopping Mall Best Seller, Mid-Summer 2014

What’s the best-selling item at the shopping mall these days? Hint:  it’s not in the stores — it’s in the parking lot. In fact, it IS the parking lot. Mixed-Use New Construction No less than 3 Twin Cities shopping malls at the moment — Ridgedale, Knollwood, and Southdale — have major construction projects going up...
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How Fining Banks Instead of Jailing Rogue Bankers Disserves Society

Needed:  Financial Nuremberg Trials “Citigroup and U.S. Reach $7 Billion Mortgage Settlement.” —headline; NYT (7/14/14). “BNP Paribas SA agreed to pay nearly $9 billion and plead guilty to crimes for violating U.S. sanctions, an unprecedented settlement that includes a year-long ban on the French bank’s ability to conduct certain U.S. dollar transactions. –“BNP Paribas Draws...
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