Teck Sells 17% Stake to China Investment for $1.5 Billion to Reduce Debt
By Rob Delaney and Mark Herlihy July 3 (Bloomberg) -- Teck Resources Ltd. Canada's largestdiversified mining company sold a 17 percent stake to China's$200 billion fund sovereign wealth fund for C$1.74 billion ($1.5billion) to reduce debt. China Investment Corp. also known as CIC will buy 101.3 ...

Posts about Foreclosures as of July 3 2009
How Refinance Mistakes Can Cost You Your House – toprealestateguide.com07/03/2009by Trent Dillenger Refinancing is fast becoming a popular choice for homeowners beset with financial difficulties in paying for the mortgage on a lowered income however if a homeowner rushes through his refinance ...


Posts about Short Sales as of July 3 2009
IRS Tax Relief – Overview – qualityarticlessite.com07/03/2009by Anne Durrell There are many forms of IRS Tax Relief available from the Internal Revenue Service … taxpayers experiencing financial difficulties. In the event of a short-sale where the propertyMost Noticeable IRS Tax Relief †...

Flaherty's failed game of income trust dominoes
This is a classic that ranks with the purchase of Prime West Energy Trust by middle eastern oil company Abu Dhabi Energy or TransAlta Power Income Fund by Hong Kong billionaire Li Ka Shing. Here we have Teck loading up with excessive amounts of debt to acquire Fording Canadian Coal Trust and di ...

John Maudlin on saving the house crisis. YOUR thoughts?
Thoughts from the Frontline Weekly NewsletterSolving the Housing Crisis by John MauldinMarch 21 2009In this issue: Solving the Housing CrisisHousing Could Drop Another 20% in PricingBuy A Home Get a Green CardA Real Stimulus PackageLas Vegas La Jolla and the OCThis last Tuesday the Wall Street ...