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Well I'm not about to cut my own throat and invite people to bid against me but to be fair here's another prop this ones is on my also look at list in case this first falls through
Originally posted by Vitchilo
reply to post by DaddyBare
For real ? Do you have a picture? Where is it located? Have you inspected it?
IMO if it's in a bad neighboorhood like detroit... waste of money.
Citigroup announced its biggest management shake-up since the financial crisis began, replacing its chief financial officer and installing a new banking chief as it prepares to give the government a 34 percent equity stake.
The changes, announced on Thursday, come as Chief Executive Vikram Pandit faces intense pressure to improve performance, rebuild the executive ranks in consumer banking, and shed unwanted assets. Citigroup has lost $36 billion over six quarters and received a series of federal government bailouts.
BUYER ACKNOWLEDGES AND UNDERSTANDS THAT PROPERTY HEREIN MAY BE SUBJECT TO MULTIPLE CODE VIOLATIONS WITH THE CITY/COUNTY/BUROUGH AND BUYER ACCEPTS IN 'AS IS' CONDITION. BUYER ACCEPTS ALL RESPONSIBILITY FOR ANY REMEDIATIONS, FEES, OR TERMS REQUIRED BY THE AUTHORITY THEREOF, WHICH MAY OR MAY NOT INCLUDE DEMOLITION, ESCROW FEES, OR HABITATION CERTIFICATES.ONLY TITLE TO THE REAL ESTATE IS BEING CONVEYED. PERSONAL PROPERTY MAY BE PRESENT BUT IS NOT INCLUDED IN THE AUCTION. REMOVAL OF PERSONAL PROPERTY REMAINING ON SITE AT THE TIME OF CLOSING WILL BECOME THE RESPONSIBILITY OF THE NEW OWNER
While some of us were busy enjoying our last vacation we expect to take for quite a while in the Caribbean, the Japanese Yen was spiking in an unusual flight to safety last October which created the horrific prospect of a FOREX market problem for the dollar, which did not occur, and for our financial system, which did occur. After the failures of Lehman, Merrill, WaMu, and Wachovia, the TARP fiasco and collapse of the credit markets a true flight to safety happened and it was illustrated by the sudden spike in the Yen.
We have just witnessed 72 hours of this happening again and to say it is a precursor to another large event is an understatement. Someone big is in trouble, we the people just do not know who yet.
So for those that adhered to the programs of divide and conquer, maintaining the banking cabal using unethical and illegal means, and allowing criminals at the highest levels of business and government to enjoy their own system of economic consequences and laws, I hope you found it worth it as the nation around you collapses. Tossing a Madoff to the huddled masses every few months will do nothing to calm the rage nor fill the stomachs of the starving.
Originally posted by Rockpuck
reply to post by Vitchilo
GS will never die. NEVER. Just look at the top advisers to Obama.. they reek of GS. I believe that so long as the Federal Reserve and the Federal Government exist, GS will remain strong. It's the life blood of the corrupt, and the corrupt reside in Washington, GS is going nowhere.
“The insulation from short-term political pressures -- within a framework of legislated objectives and accountability and transparency -- that the Congress has established for the Federal Reserve has come to be widely emulated around the world,” Kohn said in testimony at a House Financial Services subcommittee hearing today on Fed independence.
The vice chairman said the Fed is now more transparent than at any time since its creation almost a century ago. He cited steps this year to expand information on the Fed’s Web site on its programs and start a monthly report to Congress on the central bank’s emergency lending programs.
Six months ago, Goldman Sachs was supported by $10 billion from the U.S. Treasury and relied on government guarantees to issue debt. Moszkowski predicts the company will reap $26.45 billion from trading this year, a gain from $25.36 billion in 2007 when the firm shattered Wall Street profit records.