san diego escrow services: The Real Story Behind Wells Fargo's Vegas Trip - 02/04/09 02:02 PM
Hank Paulson sat at a large table at the White House across from the CEO's of all the major banks. He offered them each approximately $25billion, but explained that they all must take it. The CEO of Wells Fargo protested saying they didn't need the money and were perfectly solvent. Mr. Paulson stared him down and the CEO acquiesced. He did it thinking that if it would help the overall economy, why not and $25 billion doesn't suck. Remember though that he didn't want it and had his arm twisted to take it. Now we hear that Wells Fargo was going
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san diego escrow services: What You Need to Know - 12/03/08 02:02 PM
I recently read a brilliant article on the future of our industry by Marty Frame, General Manager of Cyberhomes. He really knows what he is talking about and he does in a most eloquent way. Much of what he says resembles what I have been saying. I have been prophesying about the metamorphosis that our industry is experiencing and how much of the change we are going through may be mistaken for the downturn. What I mean by that is that many industry professionals, from agents to title officers believe that things will pick up when home values bottom out
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