June 5th, 2008

Proposal To Outlaw Predatory Lending

PREDATORY lending by mortgage brokers will be outlawed after the largely unregulated mortgage industry is brought under Federal Government control as part of proposed reforms unveiled yesterday.
A green paper on the replacement of disjointed state regulation by a Federal Government regulator was released by the Minister for Corporate Law, Nick Sherry.
The financial services and credit [...]

May 9th, 2008

Burd Hawards Overscaled Barn Dances Along Guernsey Cliffs

Burd Haward Architects has designed a ï¿¡1 million four-bedroom Lending Manufactured, granite-clad house for a family in Guernsey.
The building, to be located in the hamlet of Les Courtes Falaises, occupies a south-facing sloping site that leads to cliffs overlooking the English Channel.
Conceived as a “overscaled two-storey barn”, the house is defined by a steeply pitched [...]

March 30th, 2008

Into the Economic Abyss

As economists and Wall Street types grope for historical perspective — which is another way of saying a road map out of this mess — Americans are nervously wondering about retirement savings, interest rates, jobs that had seemed safe.They are surveying the economic landscape and asking: Just how bad is it?They are peering over the [...]

March 29th, 2008

Ala. retirement home tries to rid itself of swastika shape

“The difficulty is there are a limited number of options for fixing a building that has been there for some time,” said Mike Giles, counsel for the Methodist Homes Corp. of Alabama and Northwest Florida. “We have to come up with a way to fix an appearance that we want solved and not hurt our [...]

March 23rd, 2008

How to turn generation Y into generation

A wide variety of industries from fast food to fashion are
poised to profit from the spending habits of the new kids on the
block. Trevor Hoey reports.
Before you go calling the new group of youngsters following in
the footsteps of generation X generation “why”, you might want to
take a look at their spending habits. There could be [...]

March 12th, 2008

By all accounts City Pacific is in trouble

While property developer City Pacific has been blitzing the airwaves, enticing radio listeners to invest in its high-yield mortgage trusts, the advertisements have failed to mention the group’s debts have been spiralling out of control.
Meanwhile, its stock price has been in free-fall and the most recent company accounts were restated and lodged just minutes before [...]

March 7th, 2008

By all accounts City Pacific is in trouble

While property developer City Pacific has been blitzing the airwaves, enticing radio listeners to invest in its high-yield mortgage trusts, the advertisements have failed to mention the group’s debts have been spiralling out of control.
Meanwhile, its stock price has been in free-fall and the most recent company accounts were restated and lodged just minutes before [...]

February 28th, 2008

Taking the rough with the smooth

It doesn’t matter how well thought-out your investment strategy might be, how scientific and disciplined an approach you take, nor how sure you might be that you know what you’re doing. Sometimes investment markets just go mental.
There was the Australian sharemarket, plugging along, posting nice positive returns, when suddenly - for reasons that still are [...]

February 22nd, 2008

Taking the rough with the smooth

It doesn’t matter how well thought-out your investment strategy might be, how scientific and disciplined an approach you take, nor how sure you might be that you know what you’re doing. Sometimes investment markets just go mental.
There was the Australian sharemarket, plugging along, posting nice positive returns, when suddenly - for reasons that still are [...]

February 22nd, 2008

A heady climb even quicker descent

THE ascendancy of Lance Rosenberg’s Tricom to its powerful standing in broking and investment banking was relatively quick. But the pitch of his descent has been much steeper.
Tricom yesterday signed heads of agreement to “sell” the business to Bell Securities but Rosenberg and his partners won’t receive a dollar. The
consideration - which industry experts are [...]