Cover Story
Miami: a market
on the rebound
We live it, breathe it and talk about it constantly’Ķwe’Äôre thrilled by its ups and depressed by its downs’Ķit’Äôs the maker of fortunes, and the taker of fortunes. There is likely no other city whose real estate market is so totally woven into the fabric of its identity as Miami. read more...
THE NEW AMERICAN WAY
Poor performance, rich bonus
Think of the billions of dollars paid to Merrill Lynch executives last year-end, just before they were bailed out through a merger with Bank of America in January. As the courts are scheduled to decide next year whether or not Bank of America misled its investors about the bonus payments, it begs the question of how exactly those bonuses were so richly deserved. read more...
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