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

To: coug who wrote (175798)1/8/2009 11:29:04 AM
From: DebtBombRead Replies (2) | Respond to of 306849
 
Fund manager charged for alleged $50 million Ponzi schemeBy: Reuters | 08 Jan 2009 | 11:07 AM ET Text Size WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission said on Thursday it has charged a Philadelphia investment fund manager and firm for an alleged $50 million Ponzi scheme.

Highlights:

* Accuse Joseph Forte obtained an estimated $50 million through sales of securities in the form of limited partnership interests in his firm.

* Say federal judge issued order freezing Forte's assets and ordering an accounting.
cnbc.com



To: coug who wrote (175798)1/8/2009 12:08:35 PM
From: Johnny_Blaze_420Read Replies (1) | Respond to of 306849
 
Depending on location, co-tenancy was not as big a factor as in the past given the boom. So many tenants wanted to be in certain locations that landlords, especially the smart ones, were negotiating those out. Now you almost can't get a lease done with out co-tenancy...


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