Sunday, May 24, 2009

Recession suddenly humbles high-tech sector - Boston Globe

The Associated Press Economic Stress Index, a month-by-month analysis of foreclosure, bankruptcy and unemployment rates in more than 3,000 U.S. counties, shows that last year, as the national economy tanked, high tech economic centers from California ..., more 
and Government would like to see more short sales - San Francisco Gate  This month, the Treasury Department said it is creating a streamlined, industrywide process for short sales and will pay bonuses to certain borrowers, loan servicers and second-lien holders to do them. Last week, Bank of America, the nation's largest ..., more 
and Investment firm buys historic Anchorage theater - Juneau Empire  Peach Investments, owned by Joe and Maria Fang of San Francisco, on Thursday bought the 4th Avenue Theatre at a foreclosure auction for about $1.65 million. The Fangs nearly a decade ago announced plans to build a 20-story-plus tower combining ..., more 

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