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Right

posted by Stephen Lubben

Blackstone on Chase, via Bloomberg:

“Occasional losses are inevitable,” said Blackstone Group LP’s Stephen A. Schwarzman, 65, CEO of the largest private- equity firm. “Publicly excoriating JPMorgan serves no purpose except to reduce people’s confidence in the financial system.”

And when the putatively best run bank vaporizes $2+ billion, it also tends to reduce people's confidence in the financial system. Regardless of whether we talk about it.

Comments

payment installment to attract customers. A sales, told reporters:http://www.chimebox.com/member/blog_post_view.php?postId=9299
If first-time buyers can pay semi down payment, and then sign a contract and developers to pay the remaining 2.5 percent down payment,http://www.themeets.com/member/blog_post_view.php?postId=24763
the remaining nine months in three phases. If this is the second suite, the first required to pay one percent down payment. Customers can simply pay the first down payment, the rest of the down payment by the http://www.themeets.com/member/blog_post_view.php?postId=24758
developer to advance, and then enter the loan process. Several months after the real estate cap banks also lend.http://www.themeets.com/member/blog_post_view.php?postId=24753

May be due to the semi's marketing of the down payment is in place, the reporter saw the sales http://www.themeets.com/member/blog_post_view.php?postId=24750
office customer. The sales staff, just three days, has more than 2,000 people receive a free buyers card, more than 1,000 people cross the intention of gold, http://www.themeets.com/member/blog_post_view.php?postId=24750
and the house just over 600 units. Will need Yaohao to buy a house.
But it is interesting that, in Arranging prior to, the estate has been declared the price is 11,500 yuan / square meter, but semi down payment of publicity one, I do not know whether summoned to the number of http://tchat-belgique.be/member/blog_post_view.php?postId=4743
customers beyond the imagination of developers, real estate pricing into a 12,000 yuan / square meter. Faced with customer complaints, the sales staff said, no way, with the intention of many people, only prices, this company now also find the prices may be set lower.http://tchat-belgique.be/member/blog_post_view.php?postId=4742
When the real estate 11,500 yuan from the room, but the small number has been criticized for a lack of sincerity. Real estate sales and the reporter said that this is the Poly only can pay the down payment installments floor in this 1000 Suite 600 sub Arranging after opening only come up with less than 300 sets of house.
According to statistical data, in May, the average turnover of Poly spring is 13,714 yuan, 14,372 yuan in June, July ended on the 8th, the average transaction price has reached 15,408 yuan. These prices are a far cry from the 11,500 yuan with an opening before the publicity.
A consumers purchase in the springhttp://tchat-belgique.be/member/blog_post_view.php?postId=4741
of Poly in early June, said he bought is the basis of more than 80 square meters apartment, the last traded price is more than 13,000 yuan / square meter. The end of June, sales, told reporters, 84 square meters apartment, 14,000 yuan, has basically sold out, opened again in July prices, and quickly to buy it. In early July, the reporter learned from the sales at a 84 m2 apartment is already sold out, the average price of 95 square meters apartment has risen to 15,500 yuan.
In http://tchat-belgique.be/member/blog_post_view.php?postId=4740
accordance with the real estate publicity: Poly spring 3,4,7,8-Building (Phase II) is expected in mid-July to late opening, the average price of 15,000 yuan / square meters, the size of 58-153 square meters 1-4 ranking stakeholders implicitly Poly Beijing has exceeded sales in the first half of this may be, and the real estate prices or have a certain relationship.

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