Posts Tagged ‘real’
Scott Rechler: Real Estate and Other Alternative Investments
Scott Rechler, Chief Executive Officer and Chairman of RXR Realty LLC, spoke at “Real Estate and Other Alternative Investments: 2009 and Beyond,” presented by Hofstra University’s Frank G. Zarb School of Business, The Center for the Study of International Financial Services and Markets and The Institute of Real Estate at Hofstra University, on October 26, 2009.
Duration : 0:50:5
Warren Says Commercial Real Estate Loans Pose Danger: Video
Feb. 11 (Bloomberg) — Elizabeth Warren, chairwoman of the Congressional Oversight Panel for the Troubled Asset Relief Program, talks with Bloomberg’s Betty Liu about the outlook for community banks that have exposure to commercial real estate loans.
Warren, speaking from Newton, Massachusetts, also discusses the need for so-called stress tests on community banks. Commercial real estate loans have potential to go sour and wreck the U.S. economy unless regulators prepare now, according to a report from the watchdog for the federal financial rescue program. (Source: Bloomberg)
Duration : 0:4:21
Probate Investments at DEEP DISCOUNTS, Free How-To Info
http://www.Probate-Real-Estate-Investing.com Probate Investments at DEEP DISCOUNTS, Free How-To Info! Probate real estate & probate investing with less competition. Mark Walters
Duration : 0:1:7
safe property investments in Denver
Our website is just a starting point at http://denver-property-investments.com/ where your interests will become ours.
Duration : 0:2:39
Buy An Investment Home In Chicago
Call http://chicago-investment-home.com/ whether in need of advice, looking for a cheap home or making your own investments
Duration : 0:3:26
Dubai Opens Worlds Largest Tower Amid Property Slump: Video
Jan. 4 (Bloomberg) — Dubais Sheikh Mohammed bin Rashid Al Maktoum will open the worlds tallest tower, today, the Burj Dubai, today. In the five years its taken to build the $1.1 billion tower, the sheikdoms debt-fueled property market has gone from the worlds best performing to the worst, forcing officials to renegotiate loans and seek bailouts from neighboring Abu Dhabi. Bloomberg’s Rishaad Salamat reports. (Source: Bloomberg)
Duration : 0:1:40
Financial WAR w/ China?!?! Dollar Collapse & Gold’s Future
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A report that Chinese state-owned companies will be allowed to walk away from loss-making commodity derivative trades provoked anger and dismay among investment bankers on Monday as they feared it may set a damaging precedent.
The State-owned Assets Supervision and Administration Commission, the regulator and nominal shareholder for state-owned enterprises (SOEs), told six foreign banks that SOEs reserved the right to default on contracts, Caijing magazine quoted an unnamed industry source as saying in an article published on Saturday.
While the details of the report could not be confirmed, it was Monday’s hot topic in financial circles from Shanghai to Singapore as commodity marketers feared that companies holding underwater price hedges could simply renege on the deals, costing banks millions of dollars in profit.
The warning from SASAC follows a series of measures from Beijing this year to crack down on the sale of derivative products by foreign banks to Chinese enterprises, principally big consumers, who bought protection against higher prices last year only to watch the market collapse — leaving them with losses.
While many companies including top airlines have come clean on the losses, some analysts fear another wave may follow.
“I wouldn’t be surprised if more state firms emerge with big derivatives trading losses, otherwise SASAC wouldn’t come out with such a radical move,” said a Hong Kong-based derivatives analyst, who like most other industry officials and bankers declined to be named due to the high sensitivity of the issue.
A SASAC media official said on Monday that he was waiting for the “relevant department’s” official comment before he can clarify to media. A government official said that the Bureau of Financial Supervision and Evaluation under SASAC was handling the issue. The official declined to be named and did not elaborate.
Spokespersons at Goldman Sachs and UBS declined comment, and media officials at Morgan Stanley and JPMorgan were not immediately available for comment. All are major global providers of commodity risk management.
No bank were named in the Caijing report. The SASAC media officer also declined to identify any specific banks.
“It’s a handful of companies who are being encouraged by regulators to re-negotiate,” said a second banking source. “It’s outrageous, but it’s China, so everyone is treading very carefully.”
For banks that are hoping to sell more derivatives hedges in China, the world’s fastest-expanding major economy and top commodities consumer, the danger goes beyond the immediate risk to existing contracts to the longer-term precedent that suggests Chinese companies can simply renege on deals when they like.
The report follows an order from SASAC in July that required all central government-controlled state companies engaged in trading derivatives to make quarterly reports about their investments, including details of holdings and performance.
But the reported letter opened several important questions that could not immediately be answered. “If we were among the banks receiving that letter, we would be very angry. But now the key is to find out more details on the letter: In whose name the letter was issued, the government or the corporate’s? And under what was the reason for defaulting?” said a Singapore-based marketing executive with a foreign bank.
The source, whose bank did not receive a letter, said that Air China, China Eastern and shipping giant COSCO – among the Chinese companies that have reported huge derivatives losses since last year – had issued almost identical notices to banks.
“If it’s in the name of the government, the impact will be very negative,” said the source, who declined to be named.
Beijing-based derivatives lawyers said the so-called “legal letter” has no legal standing — SASAC as a shareholder has no business relationship with international banks.
“It’s like the father suddenly told the creditors of his debt-ridden son that his son won’t pay any of his debt,” said a lawyer from the derivatives risks committee of the Beijing Lawyers Association. (C ) Reuters
Duration : 0:8:9
Real Estate Financial Planning
Brief introduction to the concept of Real Estate Financial Planning
Duration : 0:1:50
Sub-prime crisis – what next in banking? Credit crunch / sub-prime crisis and mortgages, interest rates, share prices, house prices. Comment by keynote conference speaker on Future of Banking and Financial Services – Dr Patrick Dixon
http://www.globalchange.com Sub-prime real estate crisis and credit crunch explained in US and global impact on banking, mortgages, home loands and financial services. Why the banking system remains at risk from complex processes that most people don’t understand. Regulators, changes in banking regulation, systemic risk, corporate governance, and how banking / financial services products will change as result. How banks will manage risk in future. Comment by conference speaker Dr Patrick Dixon – after keynote speech on global trends in Belgium
Duration : 0:6:10