The crisis in mortgages spares no one.
And when I say nobody, nobody is. Yes, folks, this time he has touched Mr. Monopoly the multimillionaire who names the famous board game and a member of the usual list of the richest fictional characters of the magazine Forbes, who leaves the list "after losing all his money carried by the crisis in mortgages High risk in the U.S.. " You can read this sad news and ranking here.
Moving from fiction to reality with the bags still revolts in the subjects of all time, that if interest rates for subprime mortgages here that if there, in order tonight that he had bleeding on the Japanese stock market which left a 2.48% and walk over here to Europe and it seemed that the Fed agreed with the ECB and other central banks plan to tackle the crisis. Now you see it as stormy relations between central banks and stock exchanges.
After this scene so uncertain, the best way to tackle the growing crisis is to get strong, big and muscular and that is what we are doing seems that the most affected, banking and brick through a series of mergers and acquisitions that began recently and you may continue. That's how Cotizalia titled his article, as if the title of a film series B: Time cannibal in the brick and banking.
It's the next step in the crisis. After the greed and excess in the credit bubble, with operations almost without limit, sources of funding and liquidity poured without problems. Now come the defensive mergers. And was seen on the horizon. Brick by brick and bench eat eats bank. The cannibalization of companies in difficulties on the part of others without problems, or positions with more loose fitting, will be the tone for the coming months
Without a doubt, something has happened in those sectors that were carried so well in the past because the number of dwellings started has fallen by 40% since August, and you can see, this is the soft landing that we spoke.
It will be interesting to see how they react once the builders have been finished as the plum in business or do you renew or die since the cycles do not last forever is a clear example (changing sector) is the Polaroid, those camera snapshots that began digging his grave with the advent of digital. I am glad to know that jumps from photography to television reinventing his business after 2 years of inactivity.
Already you know, Paco, Fernando, Florentino and others, maybe instead of mourn, therefore, would have to reinvent your business, which have left over noodles for this.
Update: Interesting comparison of Investment Funds
Written by Carlos Lopez on December 13, 2007 with 282 reviews.
Read more articles on Euribor
- [+] Reddit: This article stresses
- [+] Del.icio.us: Add this article to Favorites
- [+] Furl: Add this article to Favorites
# 1, Angelico
Speaking of brick. The break strength real estate investors to pull prices to sell their flats
the world, Monday, Dec. 3 07. Sales of the crisis afflicting the real estate market also plays squarely to the investors who bought homes a few years ago on plane in order to obtain succulent gains in the operations of resale. the paralysis of demand has put the rope around his neck a good part of those investors who can not find buyers for their properties before the delivery of keys and the formalization of the writing. hence they are pulling prices and lowering its earnings expectations to be able to dispose of the houses before delivery. otherwise they will have to face the payment of the mortgage burden on the property. valdeluz for example, a new urbanization in the province of Guadalajara, it is possible to purchase homes in a bedroom of the hands of an investor for 150,000 euros. if the buyer goes directly to the office of the sales price amounts to 240,000 euros, according remax. that same house is not worth over 120,000 euros two years ago