miami

Investors Sweat Through ‘Dog Days’ of Distressed Debt

August 5, 2009

Angela Miller runs her own real estate investment and advisory firm from the 17th floor of the Ritz Carlton Executive Tower high above Dinner Key and Monty’s Marina in Coconut Grove, FL. From her vantage point, she can see Miami’s quaint City Hall. When…

Read the full article →

Dozens Arrested In Medicare Fraud Busts Across US

July 29, 2009

MIAMI — Federal authorities arrested 30 people, including doctors, and were seeking others in a major Medicare fraud bust Wednesday in New York, Louisiana, Boston and Houston, targeting scams such as “arthritis kits” – expensive braces that many patients never used. More than 200 agents worked on the $16 million bust that included 12 search warrants at health care businesses and homes across the Houston area, where 27 were arrested. Federal authorities say those businesses were giving patients “arthritis kits,” which were nothing more than expensive orthotics that included knee and shoulder braces and heating pads. Patients told authorities they were unnecessary and many never even received them

Read the full article →

Miami Univ Posts 448M Assets Loss

June 11, 2009

The University of Miami has reported a net fall in assets of 4482 million in fiscal year 2009 which ended May 31

Read the full article →