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• This week’s print edition plus updates

  • Major dorm project looms large on Short Street
  • A lifetime of civility
  • Council seeks help on vacancies
  • Affordable-housing changes studied
  • Higher prices for fast food, soda lead to weight reductions, lower diabetes risk
  • Time out on Bolin Creek
  • The inconsistent rhetoric of Blue Cross

• Tags

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• Archives

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• Recent Stories

  • Krugman on the near future and all the talk of mission accomplished
  • OC Biz Expo rescheduled
  • More protests at BCBSNC
  • Nasty chart
  • US jobless rate still rising

• Financial Blogs

• Calculated Risk

  • Previous Business Cycle: "Bad by any measure"
    We've seen all the statistics from the aughts - declining employment, declining stock prices, and weak income.Andrew Flowers, economic research analyst at the Atlanta Fed, points out that decades are arbitrary, and that the previous decade started with a recession and ended with the great recession. He suggests looking at periods as trough-to-trough: Ba […]
  • Comparing New Home Sales and Housing Starts
    Click on graph for larger image in new window.A frequently asked question is how do new home sales compare to single family housing starts (both series from the Census Bureau). This graph shows the two series - although they track each other, the two series cannot be directly compared.For starts of single family structures, the Census Bureau includes owner […]
  • REO: Agencies vs. Private Label
    CR Note: the following is from housing economist Tom Lawler (posted with permission):Last month I showed data on trends in the REO inventories of Fannie, Freddie, and FHA, highlighting how while total REO inventory estimates appear to have fallen, REO at “the F’s” has increased notably over the last year. A few folks questioned how there could be reports of […]

• Big Picture

  • Hey Bezos! Fix Your eejit Pro-kindle Anti-Author Book Reviews!
    As mentioned Monday, I found The Big Short discussion on 60 Minutes quite interesting. I went over to Amazon to check out the book — and was stunned at the very low review ratings for a book that had yet to be released. At the time, there were but 7 reviews. I clicked through a few [...] […]
  • What Is With All The TrackBack Spam ?
    Anyone else noticing an excessive amount of TrackBack Spam? It seems lots of gullible folks are buying into those Internet Get Rich Quick infomercials. The SEEO folks have convinced them if they link to a lot of bloggers,and then get trackbacks, it will raise their Google Rank. Not on my watch. That crap just pollutes the comment [...] […]
  • Daily Show on Financial Reform
    > The Daily Show just kills it in this piece on Corporate fraud. If you haven’t seen it (posted early this morning in the Think Tank) its must viewing. > […]

• WAPO Housing

  • A new real estate cost to watch for: Developer's private transfer fee
    How about this for a new and ingenious real estate money machine? Every time a house sells during the next 99 years, 1 percent of the price goes back to the original developer or is shared among investor partners. Ka-ching! […]
  • Be aware of good-faith estimate' rules, or it could cost you
    […]

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• News

• TBJ

  • Triangle home sales, prices tumble in February
    The number of homes sold – and the prices paid for those homes – fell in February, according to new data from the Triangle Multiple Listing Service Inc. […]
  • Wachovia to pay $160M settlement for lax anti-money laundering program
    Wachovia Corp., the No. 1 bank in Raleigh-Durham market share by local deposits held, has agreed to pay $160 million to settle federal charges that it failed to establish an adequate anti-money laundering program. (WFC) […]

• NC Business

  • Landmark exoneration in NC almost never happened - Columbus Ledger-Enquirer
  • This Prince: What a Piece of Work - New York Times
  • CUP: Crews Under Increased All-Star Pressure - FOXNews
  • Ford May Still Be In Charlotte's Future - RealGM.com

• AP Business

  • Stocks climb after Fed pledges to hold rates low
  • More than 100 complaints lodged over fixed Toyotas
  • Convicted embezzler given tax break, then arrested
  • Brazil: Protests over proposed oil law change
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• WSJ

  • Bernanke Warns Against Narrowing Fed Focus
    Fed Chairman Ben Bernanke warned that a proposal stripping oversight of smaller banks from the Fed would unwisely narrow the central bank's focus. […]
  • Gold Prices Inch Higher
    Gold futures settled higher, supported by a weaker dollar a day after the Federal Reserve left interest rates low. […]

• NYT

  • The Most (and Least) Expensive Vehicles to Insure
    The Porsche Carrera 911 GT2 two-door coupe is the most expensive 2010 vehicle to insure, according to a new ranking of average premiums. Minivans tend to be the least expensive to insure. […]
  • Wednesday Reading
    The status of privacy online, how New York cab drivers cheated customers and other consumer-focused items from Wednesday's Times. […]

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