Posted by Leonard Steinberg of URBAN COMPASS on November 6th, 2014 As real estate land fumbles about the future of the markets, word on the street is that some are doing quite well indeed…. bonus season is about to dawn on us and all bets are they will be good! Money managers at hedge-fund firms… [Read More]
TARP PROFITS! TEA PARTY TO CELEBRATE?
The U.S. government, which announced Monday that it plans to slowly unload its 27% stake in Citigroup Inc. over the remainder of this year, currently stands to pocket an $8 billion profit on the investment from last September. That’s a remarkable 30% return in six months, or triple the return generated by the average hedge… [Read More]