Cash-strapped communities have a message for corporations that promised jobs in return for tax breaks: A deal’s a deal. » Read more…
Cities, counties take back corporate tax breaks
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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Dubai opening world’s tallest building amid crisis
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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Dubai prepared to inaugurate the world’s tallest skyscraper on Monday, hoping to shift international attention away from the Gulf emirate’s deep financial crisis and rekindle the optimism that fueled its turbocharged growth. » Read more…
Ex-UBS Banker, Informant Birkenfeld Seeks Probe of Prosecutors
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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Bradley Birkenfeld, a key informant in a U.S. investigation of offshore tax evasion aided by UBS AG, claimed in a complaint that federal prosecutors made false statements to a judge who sentenced him to 40 months in prison. » Read more…
Is China headed for a major real estate bubble?
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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Li Nan has real estate fever. A 27-year-old steel trader at China Minmetals, a state-owned commodities company, Li lives with his parents in a cramped 700-sq.-ft. apartment in west Beijing. Li originally planned to buy his own place when he got married, but after watching Beijing real estate prices soar, he has been spending all his free time searching for an apartment. » Read more…
Regulators shut Washington’s Horizon Bank
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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Regulators shut Horizon Bank in Bellingham, Wash., on Friday, the first bank closing of 2010. » Read more…