The Federal Housing Finance Administration (“FHFA”), which is the agency created to oversee Fannie Mae and Freddie Mac… the one run by perhaps the least popular man in America for his refusal to allow Freddie or Fannie to grant principal reductions… Ed “It’s a Matter of Principal” De Marco… is back in the news.
Nothing to do with principal
...Private Banks Finally Embrace "Open Architecture"
Written by Barron's Most Emailed TodayTable: Top 40 Wealth Managers [1]
Private bankers long have prided themselves on doing it all. They'll help you sell a company, write a will, and find an apartment in Paris's 6th arrondissement . In the old days, they even brought you soup in the hospital. But the banks and others firms in wealth management have reached a game-changing
...Why Great Wine Offers Lousy Returns
Written by Barron's Most Emailed TodayGrowing up in Alexandria, a small town in Louisiana, the closest thing to wine in my house was Old Crow bourbon, a distillate that would melt the tar on roads. I discovered wine with my wife, Darlene. We couldn't afford Scotch or bourbon, which were the social beverages of the moment at Louisiana State University, so we drank wine as an affordable
The Latest in Royal Oak Watches
Written by Barron's Most Emailed TodayIn these tough times, it's wise to remember that some of the world's most innovative products were wrung from companies facing near-certain extinction. The Royal Oak watch made by Switzerland's Audemars Piguet is a case in point.
Both Switzerland and Japan came to the market within months of each other at the start of 1970 with the world's first
...Pregnant males and pseudopenises: complex sex in the animal kingdom ars technica
Crows Hold Grudges in Humanlike Fashion LiveScience
The Salton Sea: Death and Politics in the Great American Water War s Wired (Lambert). A must read.
The Next Industrial Revolution Starts in this 20-foot Shipping Container Gizmodo
My Life as a TaskRabbit BusinessWeek
UPDATE 3-Syria envoy meets Assad, says conflict is global threat
Written by Reuters: Company NewsEspresso Book Machine - Barrons.com
Written by Barron's Most Emailed TodaySheets of paper whiz through a zigzag of conveyor belts as the Espresso Book Machine prints and stacks pages; a robotic arm grabs them, applies glue to the spine, and presses it down on the custom-printed cover. Through windows in the side of the machine, I watch the book move into another chamber where it is trimmed, and ...
...How to Duck the New Health-Care Taxes
Written by Barron's Most Emailed TodayBasing investment decisions on forecasted tax changes is about as surefire a strategy as asking the Ouija board for stock tips. But whether the Bush tax cuts are allowed to expire on schedule or a compromise is found, it's all but certain that tax hikes included in the health-care-reform law will start affecting high earners on Jan. 1.
The law
...