May 21, 2012

$500 Million Beverly Hills Parking Lot Scheduled for Foreclosure Auction

A plot of land containing a parking lot and a former Robinsons-May department store is scheduled for foreclosure auction after the British developers who purchased it in April 2007 for $500 million failed to deliver on the luxury condominiums that were...(read more)

Medical Bankruptcy

ResCap Files For Bankruptcy, Eyes Paying Back Taxpayer Bailout Money

Ally Financial Inc’s mortgage unit, named Residential Capital (ResCap for short), filed for bankruptcy on Monday, according to Reuters. Ally … [Read More...]

Collegiate Concern, Investing In Your Future or Life-Long Financial Headache?

At a recent campaign trail stop to the University of Colorado, President Barack Obama stated that college is the best investment you can … [Read More...]