This week ICSC led an effort to show the support of the commercial real estate industry for S. 823/H.R. 2452, the Net Operating Loss (NOL) Carryback Act. The NOL Carryback Act would provide American companies struggling in the current economy Read More
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TALF Requests Reach $11.5 Billion as CMBS Issues Become Eligible
New CMBS Issues Will Become Eligible for Government Aid at Mid-Month, But Some Fear S&P Action Could Blunt TALF’s Ability to Restore Liquidity By Randyl Drummer in CoStar June 3, 2009 With commercial mortgage securities poised to become eligible for Read More
FDIC Shuts Down Silverton Bank
The Federal Deposit Insurance Corp. has shut down Silverton Bank, the failed Atlanta “bank of banks,” instead of selling it to private-equity investors, according to a person familiar with the situation. …[blogger comment: here is the key to this article] Read More
Golisano Changing Residency to Florida; Others Consider It
(Rochester, N.Y./Naples, Florida) – By becoming a legal resident of Florida, Paychex founder and billionaire Tom Golisano is sending a clear message about how he feels about the taxes he pays to live in New York. Living in Florida most Read More
Gov. Charlie Crist signs controversial growth bill
TALLAHASSEE – A growth management bill supported by business and development interests but opposed by environmentalists and local governments has become law with Gov. Charlie Crist’s signature. According to the Governor’s Office: The Community Renewal Act was taken up as Read More
Soak the Rich, Lose the Rich
From Wall Street Journal By ARTHUR LAFFER and STEPHEN MOORE “more than 1,100 people every day including Sundays and holidays moved from the nine highest income-tax states such as California, New Jersey, New York and Ohio and relocated mostly to Read More
Stand Out Among Millions on the Internet.. Why You Shouldn't Overthink Your Social Media Marketing Strategy
Stand Out Among Millions on the Internet » Blog Archive » Why You Shouldnât Overthink Your Social Media Marketing Strategy Shared via AddThis Read More
U.S. Gas Fields Go From Bust to Boom
98% of the natural gas consumed in the U.S. is produced in North America… Read entire article Read More
Is a commercial real estate bust inevitable?
The government hopes to restore lending via cheap financing. Skeptics say programs aimed at restarting the market haven’t worked yet. By Colin Barr, senior writer May 28, 2009: 3:48 AM ET NEW YORK (Fortune) — Bailout watchdogs have something new Read More
CEOs Select Best, Worst States for Job Growth and Business
Texas, North Carolina, Florida Top List as Best States; California, New York, Michigan Are the Worst As the nation’s unemployment figures continue to reach new heights, Chief Executive magazine’s 2009 “Best & Worst States” survey took CEO’s pulse on what Read More