Econo-clash: When stocks hit 5-year low, do you cry? (1)
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Jon Lansner/ocregister.com (27)
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Lansner on Real Estate (41)
1 day, 13 hours
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Simple recession? Big depression? That’s what confronts our economy. To help you better understand the business climate’s challenges, here’s another round in ongoing debates about economic conditions between two veteran Register business journalists — Colin “Mr. Optimist” Stewart and Jon “Mr. Pessimist” Lansner. Mr. Pessimist: Stock market is at five-year lows. The Dow’s under 8,000, no less! The financial crisis has already wiped out $6.69 trillion of value from the S&P 500 since its October ...
CalPERS housing portfolio off 35% (1)
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Jon Lansner/ocregister.com (27)
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Lansner on Real Estate (41)
1 week, 2 days
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California pension giant CalPERS reports … … market value of its housing assets stood at $6.1 billion as of June 30, 2008, down from its original cost of $9.3 billion. This is based on evaluations performed by independent appraisers of assets contained within 20 partnerships as of March 31, 2008. This $3.2 billion reduction represents a 35 percent decline in market value of the CalPERS housing portfolio. The impact on performance was also reported. For ...
Downey Savings raises doubts about its survival (1)
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Jon Lansner/ocregister.com (27)
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Mortgage Insider (6)
1 week, 4 days
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Reuters reports that Orange County’s Downey Financial, owner of Downey Savings … … said on Monday its survival was in doubt because it may fail to raise enough capital to satisfy its regulators. In its quarterly report filed with the U.S. Securities and Exchange Commission, Downey said there was “substantial doubt” about its ability and that of its banking unit “to continue as going concerns for a reasonable period of time.” The Newport Beach, California-based ...
O.C. builder to lose I.E. projects to lenders (1)
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Jon Lansner/ocregister.com (27)
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Lansner on Real Estate (41)
1 week, 4 days
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Irvine builder California Coastal Communities, best known as developer of the seaside Bolsa Chica project, says that some of its subsidiaries are currently in default on loans secured by Inland Empire property and those subsidiaries “are attempting to negotiate a consensual resolution of the loans which is likely to involve turnover of the properties securing these loans to the lender.” Projects in trouble are Hearthside Lane in Corona and Las Colinas in Lancaster. As for ...
SoCal office owner skips payment on $1.5 billion loan (1)
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Jon Lansner/ocregister.com (27)
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Lansner on Real Estate (41)
2 weeks, 3 days
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Cabi in Fountain Valley A real estate investment trust run by KBS Realty of Newport Beach — owed $175 million by a Mexican company’s U.S. real estate operations — says the borrower is late on $105 million in principal due on the overall $1.5 billion loan package. The borrower, part of Cabi Properties, used the money last year to buy 33 office properties (including 2 in O.C.) throughout SoCal from General Electric’s Arden real estate ...
Chase-WaMu to help 400,000 avoid foreclosure (1)
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Mathew Padilla (4)
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Mortgage Insider (6)
2 weeks, 4 days
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Chase, the retail bank of JPMorgan Chase, said today it plans to help up to 400,000 homeowners with $70 billion in loans avoid foreclosure. And it will stop putting loans into foreclosure for the next 90 days. The programs apply only to borrowers who live in the homes the loans are against. In addition to Chase customers, the bank is targeting borrowers with loans from Washington Mutual and EMC, a former unit of Bear Stearns. ...
Energy Experts Sound Off on Economics and the Energy Industry (1)
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Jennifer Boynton (4)
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Triple Pundit (16)
2 weeks, 5 days
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In this time of economic volatility, it’s no surprise to hear that even the experts disagree about the impact that the financial meltdown will have on renewable energy development. Rarely do we get to hear them frankly discuss their thoughts, expectations, fears, and disagreements. Enter the National Journal’s Expert Blog. The National Journal has brought together a panel of experts from government, industry, and non-profits and asked them to post about their thoughts on the ...
Our financial system ripe for more disasters (1)
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Mathew Padilla (4)
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Mortgage Insider (6)
2 weeks, 6 days
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Whoever wins on Nov. 4 may restructure this country’s financial system. But what happens if they don’t, or if they get it wrong? This financial crisis is NOT a “once-in-a-century credit tsunami” as Alan Greenspan recently described it. At least not according to Gary Richardson, a UC Irvine economics professor. The Orange County Register and its Web site (which hosts this blog) recently ran an opinion piece by Richardson in which he argues that with ...
Picturing the panic (several visual lessons in what went wrong with Wall Street) (1)
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dr@digitalroam.com (15)
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Digital Roam (15)
3 weeks, 5 days
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The last many weeks have been a field day for people around the world to unleash their inner stick figure. As everyone from market analysts on Wall Street to truck drivers on Main Street struggles to describe what is happening in the global economy, we see more "solving problems with pictures" than at any time in memory.Of the dozens of clips and links that people have sent me, here are my four favorites so far. ...
使用 jQuery 简化 Ajax 开发 (2)
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抽烟的蚊子 (19)
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PHP5研究室 (26)
3 weeks, 6 days
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jQuery 是什么？jQuery 由 John Resig 创建于 2006 年初，对于任何使JavaScript 代码的程序员来说，它是一个非常有用的 JavaScript 库。无论您是刚刚接触 JavaScript 语言，并且希望获得一个能解决文档对象模型（Document Object Model，DOM）脚本和 Ajax 开发中一些复杂问题的库，还是作为一个厌倦了 DOM 脚本和 Ajax 开发中无聊的重复工作的资深 JavaScript 专家，jQuery 都会是您的首选。 jQuery 能帮助您保证代码简洁易读。您再也不必编写大堆重复的循环代码和 DOM 脚本库调用了。使用 jQuery，您可以把握问题的要点，并使用尽可能最少的代码实现您想要的功能。 毫无疑问，jQuery 的原理是独一无二的：它的目的就是保证代码简洁并可重用。当您理解并体会这一原理后，便可以开始学习本教程了，看看 jQuery 对我们的编程方式有多少改进吧。 一些简单的代码简化 下面是一个简单示例，它说明了 jQuery 对代码的影响。要执行一些真正简单和常见的任务，比方说为页面的某一区域中的每个链接附加一个单击（click）事件，您可以使用纯 JavaScript 代码和 DOM 脚本来实现，如 清单 1 所示。 清单 1. 没有使用 jQuery 的 DOM 脚本 var external_links = document.getElementById('external_links');var links = external_links.getElementsByTagName('a');for (var i=0;i < links.length;i++) { var link = links.item(i); link.onclick = function() { return confirm('You are going ...
What to Do In An Economic Crisis (1)
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John M. Grohol, Psy.D. (28)
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World of Psychology (30)
3 weeks, 6 days
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First, don’t panic. The cause of many people’s angst and misery during an economic crisis is surely money-related, but we also multiply it by worrying unnecessarily. Worry won’t change the situation, nor bring back any money you may have lost. In fact, worry can make matters worse, increasing your stress level and causing anxiety (which in turn causes irrational thinking and can lead to poor decision-making). So the last thing you want to do is ...
Two Unspoken Assumptions in the Credit-Crisis Debate (1)
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Robert Higgs (12)
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The Beacon (14)
1 month, 2 weeks
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In the heated, sometimes almost hysterical discussions and debates of the “credit crisis” now swirling through the press, the Internet, and the programs broadcast on radio and television, nearly everybody is making two, usually implicit assumptions: I. The volume of outstanding credit should never decline. II. If the volume of outstanding credit has declined, the government should act to reverse that decline. Neither of these assumptions makes good sense. With regard to the first assumption, ...
The $10,000 Question (1)
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Caleb (19)
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CalebMonroe.com (2)
1 month, 3 weeks
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A while back I blogged a mention of venture capital, a subject about which I admit I know very little. In the comments, Douglas Blaine challenged me with a question: What would I personally do with $10,000 in order to specifically advance my goal of a career as a comics writer? After some time to think it over, I’ve come up with ten different answers which I think can be useful for any burgeoning writer ...
2009 BMW F 650 GS arrives at US dealers - American Motorcyclist Association (1)
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dakar rally 2009 - Google News (4)
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American Motorcyclist Association2009 BMW F 650 GS arrives at US dealersAmerican Motorcyclist Association, OH - 8 hours agoIt follows in the footsteps of the highly acclaimed R 1200 GS - which traces its roots back to the early 1980s when BMW won the grueling Paris-Dakar rally ...
Bigg Success (6) permalink
On The Bigg Success Show, we’ve been talking with Seth Godin about his incredible new book, Tribes. So far we’ve discussed: Part I: what a tribe is, what the leader does, and why quality trumps quantity Part II: why Seth became a leader, the power of one, and the importance of leverage Today we wrap up our conversation. Let’s get to it! ___ ___ Change and chaos creates opportunity ___ Seth, one of the constants ...Shared by boodles (609)Contribute commentwashingtonpost.com - World (38) permalink
SHANGHAI -- As shock waves from the credit crisis began to spread around the world last month, China scrambled to protect itself. Among the most extreme measures it took was to impose new export taxes to keep critical supplies such as grains and fertilizer from leaving the country.Shared by Bill (345)Contribute comment
