Tuesday, June 15, 2010

Red Meat.

I'm a thinkin' we need some real estate red meat for Paul-doh and Bilbo.

In today's Bulletin: "Few Builders Make Use of Fee Deferrals."

Ever tried to push a wet noodle?

Also in today's paper: "Wilson Development in Works Once Again."

Well, if you read the story -- not really. They want to change the zoning to higher density. (Which would make whoever develops the land more money per foot, no?)

This little tidbit was interesting: The project was being developed when: "...the head investor died shortly afterward and the project lost steam." Once again unmentioned was that the 'head investor' committed suicide, I believe. Which I think is an important part of the story -- it speaks to the very viability of the original project. It didn't fail because of random circumstances.

I know that the Bulletin doesn't want to add the burden and grief of the families -- me neither, and I've avoided using the name. But I still think it is part of the news...

2 comments:

blackdog said...

Looks like Paul-Doh and Bilbo have not risen to the bait.

Pedro Hemes Valdes Ortega said...

Hola Gringo Bitches ...

If F&F have no fucking value, think of the Value of the Bend-Brand(tm).

...

Fannie, Freddie Delisting Signals Firms Have No Value
Wall Street Journal - Jessica Holzer, Jacob Bunge - ‎31 minutes ago‎
WASHINGTON (Dow Jones)--The regulator for Fannie Mae (FNM) and Freddie Mac (FRE) ordered them to voluntarily delist their shares from US stock exchanges Wednesday, underscoring that the once-mighty mortgage behemoths ...