Real Estate

Daily Market Commentary for March 5, 2009 Citigroup became the latest ‘Penny Stock’ with little support near term during the trading session today after once being the largest bank in the U.S. by market capitalization. (read more at Millennium-Traders.Com http://www.millennium-traders.com/news/newscommentary.aspx) Economic data released today: Unemployment Claims: U.S. Jobless Claims for week of February 28 fell [...]

In this modern age for the blessing of science and technology, drastic changes have occurred in the banking sector of the entire world and India is not an exception. If we take a flash back to the history of this sector of the country’s then we will come to know that the modernization in this [...]

On Board and On Purpose Before registering as a limited liability company in Nigeria, the law (Companies And Allied Matters Act 1990) provides that the company have a minimum of two (2) directors. Limited liability companies (private, LTD or public, PLC) unlike their sole ownership or partnership counterparts have their management separate from their ownership. [...]

Banking had always been a profitable mode of savings for people. Unlike the earlier days, when most people used to hoard money at their home or hide them, banking has opened up a wider scope for people. Infact, it has also become highly profitable because of the fact that, other than providing a scope for [...]

One of the biggest obstacles to the nation’s financial recovery remains banks who are still unwilling to loan even though they have received billions in financial bailouts.  Congress and the Administration seem either unwilling or unable to compel banks to do so.  Fortunately there are other alternatives to bank loans. One thing people tend to [...]

To this point, there have been an increasing number of U.S. financial institutions seeking governmental aid.  The government has tried to support some of the failing institutions with hundreds of billions of dollars in tax payers’ money; however, as the economic instability inflates, liquidity in the credit market has not improved.  As a result, the [...]