Merritt Capital Completes Affordable Housing Fund

Archive for January, 2011

Merritt Capital Completes Affordable Housing Fund

Wednesday, January 19th, 2011 | Comments Off

Merritt Community Capital Corp. has completed the $58 million Multi-Investor Fund XIII, making this the largest low-income housing tax credit fund in its 21-year history.

Council on Competitiveness Lauds Obama on Business Regulations

Tuesday, January 18th, 2011 | Comments Off

President & CEO of the Council on Competitiveness, Deborah L. Wince-Smith, had this to say about President Obama’s signing of an order that instructs federal agencies to look over select regulations that are straining American businesses:

American Assets Begins Selling 27.5 Mil Shares of Stock

Monday, January 17th, 2011 | Comments Off

American Assets Trust, a California-based real estate investment trust, has priced their 27.5 million shares of common stock at $20.50 each and you still have time to snap some up.

Asset Allocation for the Next Decade

Saturday, January 15th, 2011 | Comments Off

What is the best asset allocation for the next decade? Jimmy Rogers would love this next sentence: investors are moving out of paper assets into hard ones at the same time that world population is growing and demanding more of non-paper assets, namely commodities. Therefore the best asset class going forward is non-paper assets, but […]

Super Hedge Fund Trader Reveals Top Investment Trends for 2011

Friday, January 14th, 2011 | Comments Off

Super hedge fund genius trader John Thomas was kind enough to make these videos of the top investment trends for 2011 which the hedge funds will be trading…secretly, quietly … amassing silent fortunes while the government speaks gobbely-gook. John Thomas is, like Jimmy Rogers and George Soros, one of the world’s top-performing hedge fund managers […]

California Foreclosures to Rise in 2011

Thursday, January 13th, 2011 | Comments Off

It seems 2011 is set to be the peak year in foreclosures so far. Nearly 5 million borrowers are now behind on their mortgages for two months or more, and real estate experts say even more people will miss mortgage payments in 2011 because of job losses and mortgages that are too large. Many foreclosures […]

Government launches prepaid debit card

Thursday, January 13th, 2011 | Comments Off

In the future, you may be getting your tax refunds on a debit card. Is this wise? Read on … The US Treasury is launching a tax refund prepaid debit card pilot program. Specifically a MyAccountCard Visa Prepaid Debit Card. The Visa card is to be issued by Bonneville Bank, based in Utah, and the […]

Bankrupt California Coastal to Peddle Their Restructuring Plan

Wednesday, January 12th, 2011 | Comments Off

California Coastal Communities, Inc., a residential land development and homebuilding company in Southern California, says that the United States Bankruptcy Court for the Central District of California has scheduled a hearing on February 16, 2011 to consider confirmation of the company’s plan of reorganization with respect to its Chapter 11 bankruptcy cases.

California General, Professional Business Banks Finish Merger

Tuesday, January 11th, 2011 | Comments Off

Pasadena, CA commercial bank giants Professional Business Bank and California General Bank have completed their merger as of December 31, 2010. Both of the bank’s constituencies of shareholders and regulatory authorities approved of the merger.

Credit Card Fraud Strikes Sierra Madre Gas Station, Scams 380

Monday, January 10th, 2011 | Comments Off

Sierra Madre residents are scratching their heads and clutching to their pocketbooks as detectives have uncovered 380 victims of credit card fraud at a gas station in the city.

Archive for January, 2011