The Onion reports Nation’s Unemployment Outlook Improves Drastically After Fifth Beer
“It’s going up,” leading economist David Singleton said confidently, indicating the predicted growth in jobs with an upward wave of a Bud Light bottle. “All the way up. By the end of the month. No problem.”
Historical lessons in disincentivizing bankers - Felix Salmon
Colorado guts the lending industry - The Durango Telegraph (scroll down)
Colorado’s housing market suffered an unusual blow this week. On Monday, the Colorado Division of Real Estate deactivated 4,560 mortgage broker licenses for ignoring the state’s new mortgage broker licensing law. The number amounts to more than half the lenders in the state and could slow down the loan process across the board.
San Francisco’s Commercial Sublease Snapshot: September 2009 - Socketsite
According to Colliers International, 2,721,080 square feet of commercial sublease space is currently on the market in San Francisco (49% of which is currently vacant), up a net 266,000 square feet over the past 30 days.
September 4, 2009
Banking and Finance