Manhattan Luxury Condos Try FHA Backing in Sales `Game Changer'

there is another one on the left on same page. also quite interesting-

Stripper Says Degree Profitable for Goldman Not Worth It
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http://www.bloomberg.com/video/62044940/

btw-she looks pregnant on this video..pregnant stripper? wtf?

this is a perfect example, how deeply this country is fucked..on so many levels..goldman literally owns this place.
 
From the article: "In New York City, the priciest urban U.S. housing market, the FHA insures loans of as much as $729,750, and permits buyers to borrow up to 96.5 percent of the price".

So, if the units are priced from $800,000-3.0MM, how is a prospective buyer going to get an FHA insured loan? The cheapest unit is above the FHA maximum. I guess the only way is for the buyer to cough up more down payment to cover the difference.
 
Until recently the education business looked like a bonanza for Goldman. Pittsburgh-based EDMC, the second-largest U.S. chain of for-profit colleges after Apollo Group Inc.’s University of Phoenix, has 136,000 students -- more than three times as many as the University of Michigan. Its annual revenue doubled over the last five years, to $2.4 billion. Goldman and two other firms bought EDMC in 2006 and took it public in 2009. Along the way they shared at least $70 million in advisory, management and other fees, according to securities filings. Goldman also became EDMC’s biggest stockholder.
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disgusting
it's all starts right there..the cost of education..then doctors charge you 500K for surgery or $1000 per visit and lawyers are asking $1000-2000 per hour..cause everyone is looking for the money..colleges included

no sympathy for dumbfucks,who paid 100K for degree in cooking.
 
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