Posts Tagged ‘utah’
Mensch of the Week-Alan J. Fuerstman
June 11th, 2010 | 
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The temperatures are warming up, and summer is right around the corner. After this terrible winter, the last thing most of you want to think about is snow. Be warned, this post is going to take us to the snow-capped peaks of the Wasatch Range in Utah. Over the mountains, on the California coast, Alan J. Fuerstman sits in his office at Montage Hotels & Resorts corporate headquarters. Mr. Fuerstman started Montage in 2002 to cater to wealthy travelers. Currently Montage has two properties open, one in Laguna Beach, and one in Beverly Hills. But the real reason Mr. Fuerstman is our Mensch of the Week is because of the hotel that Montage is opening in December of this year.
The Prophet Speaks…Again
About a year ago we dedicated an entire week’s worth of posts to famed Analyst Meredith Whitney. As a quick refresher, she was responsible for “the call” on Citi, where she (almost prophetically) predicted that Citi was in serious trouble. Following a quick rise to fame, she was subsequently dubbed the “Oracle of Wall Street.” She left her job at Oppenheimer and started her own advisory firm: Meredith Whitney Advisory Group, LLC (rolls off the tongue, no?). She even made Forbes.com’s Best Analysts: Stock Pickers list. Her new advice: avoid anything related to the financial industry. Read the rest of this entry »
Posted in People | 
Tags: Citi, citigroup, CNBC, commercial real estate, community banks, Congress, credit cards, credit crunch, credit freeze, credit markets, equity research, financial reform bill, Forbes, Forbes.com, Fox News, harbinger of doom, John "Bradshaw" Layfield, loans, Meredith Whitney, Meredith Whitney Advisory Group, Oppenheimer Funds, Oracle of Wall Street, small business, speculation, unemployment rate, utah, WWE SmackDown | 
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Top 10 Foreclosure Hot Spots
RealtyTrac, an online market for listings on foreclosed properties released its Midyear 2009 Metropolitan Foreclosure Market Report this week. For the most part, the data from the report didn’t catch us off guard in terms of geographies with the highest foreclosure rates. Although the Rust Belt states of Michigan, Indiana, and Ohio were the center of the foreclosure fallout initially, Sunbelt States like California, Florida, Nevada and Arizona continued to lead in foreclosure rates in the first half of 2009 as they did at the end of 2008.
We peered a bit deeper into the report, however, and found some interesting new trends that give insight into the current state of the economy. Read the rest of this entry »
Posted in Economy, Top 10 Lists |
Tags: 2009 Metropolitan Foreclosure Market Report, Arizona, Arkansas, Bakersfield, California, Cleveland, Detroit, Fairfield, Florida, foreclosure, Ft. Meyers, Idaho, Illinois, indiana, Las Vegas, Merced, Michigan, Modesto, mortgage, Nevada, Ohio, Oregon, Orlando, Phoenix, RealtyTrac, residential, Rishy Mehrotra, Riverside, Stockton, utah |
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