get-out

State Workers Are Retiring In Droves

by on March 2, 2011

Huffington Post…

Many employees of cash-strapped states, such as New Jersey, California and New York, appear headed for the exits — trying to get out while they still have pensions — as governors pressure workers and their unions to contribute more toward their health care and retirement.

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State Workers Are Retiring In Droves

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CalPERS: New Strategic Plan Would Refocus Portfolio on Core U.S. Properties

by on February 10, 2011

The nation’s largest pension fund, the California Public Employees Retirement Fund (CalPERS), is close to deciding it’s time to reduce its exposure in value-add and international properties, get out of REITs altogether and instead focus on core properties in the U.S. CalPERS Investment Committee is meeting on Valentine’s Day to consider recommendations for a new strategic real estate investment plan that would, among other things, have it: Investing…

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CalPERS: New Strategic Plan Would Refocus Portfolio on Core U.S. Properties

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Video: Time to Buy Dollars as Europe Reaches Austerity Limit: Video

August 2, 2010

Aug. 2 (Bloomberg) — FX Concepts LLC, the hedge fund that bought the euro in June just as it began a 9.7 percent surge against the dollar, now says it’s almost time to get out of the currency. Bloomberg’s Sara Eisen and Julie Hyman report. (Source: Bloomberg)

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Strategy of Last Resort: To Default or Not To Default?

June 2, 2010

As the volume and number of underperforming commercial real estate loans mounts, so has the number of owners who have or have considered turning to loan defaults as a strategy for forcing a refinancing or to get out from a loan that is underwater altogether…

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The Coming Greek Debt Bubble

April 6, 2010

Bubbles are back as a topic of serious discussion, as they were before the financial crisis. The questions are: (1) can you spot bubbles, (2) can policymakers do anything to deflate them gently, and (3) can anyone make money when bubbles get out of control?

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Distressed real estate equals work for lawyers

February 7, 2010

their operations to handle the surge in -related foreclosures, bankruptcies and other situations. Seyfarth Shaw LLP established its Distressed Asset Resolution Team in 2006, When we saw the down cycle coming, and wanted to get out in front of it, said

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Bank Watch: GMAC Looks To Exit Real Estate Finance Business (CoStar Group)

January 7, 2010

GMAC Financial Services took a series of actions intended to cut its losses from its real estate lending activities and get out of that business; the actions include exploring strategic alternatives for its Residential Capital LLC (ResCap). GMAC also…

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Bank Watch: GMAC Looks To Exit Real Estate Finance Business

January 6, 2010

GMAC Financial Services took a series of actions intended to cut its losses from its real estate lending activities and get out of that business; the actions include exploring strategic alternatives for its Residential Capital LLC (ResCap). GMAC also…

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Savings Rate Increases: Americans Saving More In Weak Economy

December 26, 2009

The recession has caused a seismic shift in the consumer culture, converting die-hard spenders into savers. A growing number of people, either smarting from a job loss or spooked by the financial crises of others, are scrambling to get out of debt, establish emergency funds, and add to their retirement and savings accounts.

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Pay Czar Set To Announce Next Wave Of Compensation Limits Today

December 11, 2009

NEW YORK/WASHINGTON (Reuters) – The Obama administration’s pay czar plans to announce on Friday his next wave of rulings as bailout recipients struggle to get out from under his thumb. Kenneth Feinberg has said these rulings will likely reduce pay for the 26th to 100th highest-paid employees at the six firms still under his authority.

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