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Randy Miller blames the financial crisis on the Community Reinvestment Act of 1977 in his letter of March 25. In blaming the Democrats for the CRA, he seems to be unaware that the first George Bush signed a bill strengthening enforcement of its provisions. Even so, there is no way for any banker to be fined, let alone jailed, for violations. ...more
April 2, 2009
It is tempting to give General Motors the emergency federal cash it says it needs to stay in business. Jobs would be saved, at least for a while. ...more
November 15, 2008
Interested in buying a prime restaurant location on the cheap? At least seven Bennigan's or Steak & Ale locations, shuttered after the chain filed for bankruptcy, are on the market in the Tampa Bay area - four of which will be auctioned off as part of a nationwide sale next month. Some commercial real estate experts think some of the properties could sell for as little as 30 cents on the dollar. ...more
October 18, 2008
Interested in buying a prime restaurant location on the cheap? ...more
October 17, 2008
Builders of shopping centers in Florida nearly printed money in the past several years, benefiting from skyrocketing rent and soaring prices for strip malls. ...more
August 19, 2008
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