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Comparing Mortgage Markets (SeekingAlpha via Yahoo! Finance)   Paul Kedrosky submits: Nice and eye-opening comparison in today's L.A. Times of cross-national differences in mortgage markets: Canada: Mortgages rarely have rates that are fixed for more than five


Homeownership rates plunge  The American dream seems to be fading as the percentage of American homeowners drops.read more...


Executive Appointments  Fairfax joins Synovus Trust Co. Terry Fairfax has joined Synovus Trust Co., located at The Bank of Nashville, as vice president and relationship manager in the Private Client/Trust Services Group.via


County Takes In Few New Students  read more...


Home mortgage defaults, foreclosures may pop S. Florida housing bubble (Sun-Sentinel)  Rising defaults threaten an already sluggish market Mounting mortgage defaults across South Florida threaten to hurt more than just those homeowners who lose their properties to lenders.


Carlyle Fund's Assets Seized   COMMENT By Thomas Heath A publicly traded affiliate of the Carlyle Group said yesterday that lenders were seizing its assets, sending the fund, Carlyle Capital , into insolvency. via

January 10th, 2008

The Hubris of a Great Artist Can Be a Gift or a Curse

Architects, like novelists and film directors, sometimes produce successes and sometimes not. In either case, creative hubris—an excess of confidence or pride—can be a contributing factor. Consider, for example, two noteworthy projects designed by the celebrated architect Frank Gehry.

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