Raju confesses to fraud, quits - Business Standard
In one of the darkest days in India?s corporate history, Satyam Computer Services Founder and Chairman B Ramalinga Raju resigned after saying he falsified earnings and assets. The revelation comes soon after Raju was forced to reverse a decision to ...
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Conference Highlights Need for Honesty in Real Estate - The Epoch Times
NEW YORK?The real estate market has become a focus in the current financial crisis. On Wednesday, real estate agents, brokers, and business owners from across the nation came to Manhattan for the three-day-long Real Estate Connect conference to ...
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Businesses lobby for forgiven-debt tax break - Daily Business Review
ommercial real estate companies, the U.S. Chamber of Commerce and companies partly owned by private-equity firms are pushing Congress for a temporary tax break on forgiven debt similar to relief given in 2007 to homeowners facing foreclosure. The ...
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Prominent real estate firm files bankruptcy - Asheville Citizen-Times
ASHEVILLE ? One of the area?s largest real estate brokerages and a related development company have filed Chapter 11 bankruptcy. Kasey Realtors, which does business as Coldwell Banker Kasey & Associates filed for bankruptcy Jan. 2. An attorney ...
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China may put new curbs on overseas investments - Reuters
SHANGHAI, Jan 8 (Reuters) - China's Ministry of Commerce may ask Chinese companies to apply for approval from the ministry if they want to invest $100 million or more overseas, it said in new draft rules published late on Wednesday, after a few major ...
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Builder Avoids Foreclosure Using Real Estate Auctions - PR Newswire
CHARLOTTE, N.C., Jan. 7 /PRNewswire/ -- In this increasingly competitive housing market brought on by current economic conditions, builders are turning to real estate auctions to liquidate new home inventories. Charlotte-based builder, Southampton ...
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Local Real Estate Agent Helps Greenleaf Victims - KSPR.com
Dozens of Ozarkers were left homeless after the houses they never really owned were foreclosed on. The catch is these people say they made every mortgage payment. The homes were bought through The Real Estate Company and its sister private lender ...
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High-profile Suicides Rise in Wake of Financial Crisis - Donga.com
German billionaire Adolf Merckle has committed suicide after suffering from huge losses stemming from the global financial crisis. Merckle yesterday threw himself under an oncoming train near his company, according to German media. ?The desperate ...
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Brandywine Realty Trust Sets Fourth Quarter 2008 Earnings Release and ... - PR Newswire
RADNOR, Pa., Jan. 7 /PRNewswire-FirstCall/ -- Brandywine Realty Trust (NYSE: BDN) announced today that it will release its fourth quarter earnings after the market close on Wednesday, February 18, 2009, and will hold its fourth quarter conference ...
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Satyam fallout: Governance worries pull realty players down - Economic Times
MUMBAI: The Satyam Computer Services fiasco had repercussions for the broader market on Wednesday. After Satyam chairman B Ramalinga Raju made startling revelations of a massive accounting fraud in the company, panic-stricken investors not only ...
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