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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (135834)7/22/2008 11:16:27 PM
From: MulhollandDriveRead Replies (1) | Respond to of 306849
 
off-topic (somewhat) general question to the thread....

i've been looking into foreign currency CD's....right now i'm considering a swiss account

does anyone here have any pointers or experience in opening such an account?

tia



To: patron_anejo_por_favor who wrote (135834)7/23/2008 8:30:18 AM
From: RarebirdRead Replies (2) | Respond to of 306849
 
Brokers can loan a share of stock out of its customer account to be sold short over and over, collect rent multiple times on that same single share of stock and never have to deliver that share while a company which is targeted by short sellers cannot simply go out and buy an infinite number of shares on the long side -- they are limited to the number of shares issued and outstanding.



To: patron_anejo_por_favor who wrote (135834)7/24/2008 9:07:52 AM
From: Pogeu MahoneRead Replies (1) | Respond to of 306849
 
Taunton woman commits suicide as home foreclosed
By Associated Press
Wednesday, July 23, 2008 - Updated 15h ago

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TAUNTON - A 53-year-old wife and mother fatally shot herself soon after faxing a letter to her mortgage company saying that by the time they foreclosed on her house that day, she would be dead.

Police in Taunton said Carlene Balderrama used her husband’s high-powered rifle to kill herself Tuesday afternoon, after faxing the letter at 2:30 p.m.

The mortgage company called police, who found Balderrama’s body at 3:30 p.m. in her brown-shingled raised ranch house. The auction was scheduled to start at 5 p.m. and interested buyers arrived at the property in Taunton, about 35 miles south Boston, while Balderrama’s body was still inside, according to police chief Raymond O’Berg.

Police did not immediately release the name of the mortgage company. O’Berg said Balderrama’s fax read, in part, "By the time you foreclose on my house I’ll be dead."

O’Berg also said a suicide note found next to Balderrama told her husband, John, and 24-year-old son to "take the (life) insurance money and pay for the house."

Joe Whitney, who works with Balderrama’s husband, a plumber, said Balderrama handled the bills and her husband didn’t know about the foreclosure.

"John didn’t even know about it, that’s the surprise," Whitney said told The Boston Globe. "It’s just one of those awful, awful tragic events."

Neighbors on this forested side street said Balderrama had lived in the two-story, brown-shingled, raised ranch for about four years with her husband, John, who is a plumber, and their 24-year-old son.

Noreen Mendes, who lived about four houses down the street from Balderrama, said she often stopped and chatted with her. Mendes said Balderrama never mentioned any financial problems, but often spoke about repairs the family was making to their house. Two weeks ago, a contractor came to the house to give Balderrma an estimate on a roof replacement, Mendes said.

"She was just so sweet, so nice. I never realized she had any problems, so it is just shocking," Mendes said.

© Copyright 2008 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.