bloomberg.com - 7/2/2009
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July 2 (Bloomberg) -- Manhattan apartment prices dropped for the first time since 2002 in the second quarter as the collapse of Lehman Brothers Holdings Inc. and Bear Stearns Cos. caught up to property owners in the nation’s most expensive urban market. The median price fell 18.5 percent from a ...
blog.ockhamresearch.com - 7/8/2009
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blog.ockhamresearch.com —
This bit of data came as a surprise
to me because, generally, I thought the rising trend
in foreclosures would have expanded the pool of potential renters. However, that is not the case at all these days as vacancy rates topped out at 7.5% in the last quarter according to real estate ...
(more)
Apartment Vacancy Hits 22-Year High
ritholtz.com - 7/10/2009
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ritholtz.com —
Bryan Marsal, CEO of Lehman Brothers Holdings, has
been unwinding Lehman Brothers since the firm’s historic collapse.
He discusses the process with CNBC.
(more)
The Unwinding of Lehman Brothers
Comments
Blog Reactions
Manhattan Apartment Prices Drop
Toro's Running of the Bulls Market Blog —
The expansive staff here at Running of the Bulls have been of the opinion that if the national residential housing market was not at the bottom, then it is closing in on one. However, we have been at pains to note that even though the national data may be in the process of bottoming, the regional data bore wide disparities. Florida and California, for example, were probably at a bottom. Manhattan, however, was just at the beginning of their descent. And now, the Manhattan descent has begun. ...
Afternoon Reading
The Big Picture —
Some items to read over the long holiday weekend:
• Fissures Appear at the New York Fed (WSJ)
• Matt Taibbi on Goldman’s Response to his Rolling Stone article (True Slant)
• Manhattan Apartment Prices Drop as Lehman Effect Hits Home (Bloomberg) See also 2Q 2009 Manhattan Market Overview (Matrix)
• Talk of China bubble does not deter investors (FT)
• U.S. regulators could learn from Canada’s banks (USA Today)• PODCAST: Robert Shiller Yale Professor of Economics, Case Shiller Index, Irrational Exuberance
• Hotel Loan Defaults Double ...
12 Articles To Recalibrate Your Trading Brain
The Wild Investor - Stock Market Advice and Education —
California beings printing IOU’s. (LaTimes)
Is the bad news starting to pile back on. (Zacks Analyst)
3 reasons why this rally will (already about to) fail. (StockTradingToGo)
Amazon scared of collecting sales tax. Cancels affiliate relationships in various states. (MarketWatch)
2009 picks 731% better than S&P — 2nd quarter review (BloggingStocks)
Just because it looks cheap, does not mean it actually is. (Fool)
Polo (RL) extends deal with US ...
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Manhattan Apartment Sales Drop, Office Rents Fall (Update1)
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Manhattan Apartment Rents Drop as Employers Cut Jobs (Update2)
bloomberg.com 9/23/2009 — Sept. 23 (Bloomberg) -- Manhattan apartment rents dropped an average of at least 8 percent in the year’s most active leasing season as Wall Street job cuts and the recession rippled through the economy, real estate broker Citi Habitats said today. ...
Deflation rolls on as Manhattan apartment sales see huge drop
dailyfinance.com 3/19/2009 — Filed under: Economy Those investors concerned that the Fed's expansion of its quantitative easing policy may lead to giddy U.S. growth and rampaging inflation may want to recalibrate the economic model they're using. The global recession has ...
Lehman Brothers Hedge Funds
richard-wilson.blogspot.com 7/22/2009 — Lehman Brothers Hedge Funds Hedge Funds Fight for Assets in Lehman Brothers Lehman Brothers International filed for bankruptcy in September and since then its clients have had their accounts frozen. These clients may finally be able to reclaim some of these assets by next year. Several ...
Blog Archive » Lehman Brothers: the (BBC) movie
ftalphaville.ft.com 8/20/2009 — Just in time for the one-year anniversary of the fall of Lehman Brothers, the BBC announced on Wednesday it was producing a drama “inspired by” the investment bank’s collapse.“The Last Days of Lehman Brothers” will feature James Cromwell (Six Feet ...
Ruth Madoff Booted Out of Manhattan Apartment, Destination Unknown
securitiesdocket.com 7/2/2009 — Ruth Madoff was evicted from her multimillion dollar East Side penthouse today, as five federal marshals seized the property this afternoon. The NY Daily News reports that it is unknown where Madoff went or where she will live now. As discussed here , Ruth Madoff has been unable to get any ...
Marc Dreier’s $10 Million Apartment to be Auctioned Off Today
securitiesdocket.com 7/21/2009 — Marc Dreier’s Manhattan apartment $10.4 million Midtown Manhattan condominium, where he recently served his “ (Pent)House Arrest ,” is scheduled to be auctioned at 1 pm today, along with its contents. As previously discussed here, on July 13, U.S. District Judge Jed Rakoff ...
CNBC Interview with Bryan Marsal, CEO of Lehman Brothers Holdings
calculatedriskblog.com 7/8/2009 — This is an interesting interview from early this morning with Bryan Marsal, CEO of Lehman Brothers Holdings, who is unwinding Lehman Brothers ... especially at the 18 minute mark: One of my partners said yesterday that we are going to call this phase ...
Coming Soon: Lehman Brothers, the Movie
dealbook.blogs.nytimes.com 8/19/2009 — The BBC said on Wednesday that it is producing "The Last Days of Lehman Brothers," a TV movie "inspired by the real events" of that September weekend when the storied investment bank fell.
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