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Archive for November 3rd, 2007

Fed injects $41 billion in liquidity

As you can see the economy has been in a recession, and as the economy is expected to fall more, fed has taken the decision to inject 41 billion dollars in the economy. First, they cut another quarter point on the interest rate, and now they’ve inject 41 billion to clear up the clogging in the economy.

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New York Real estate services

With the property demand sliding down the basement, getting the right real estate to buy a house at the best price has become very important, as you can not only get the best prices for a larger property, but also many incentives at New York real estate broker. Prudential real estate network is one of the l largest network in authority, and in the volume of sales. Prudential Douglas Elliman is New York’s largest real estate company, and they currently have 60 offices serving 350 communities from Manhattan to Montauk. Getting a property in Long Island, New York City, and Hamptons is no longer a dream. You can definitely expect some great prices, and beautiful homes from Prudential Douglas Elliman, as it ranks in top real estate network in the U.S..New York real estate broker is the right choice.

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Blockbuster - going out of the game of business

Yep, just read it in the blogosphere that blockbuster{ one of largest provider of movie/game/ rentals} is going out of business, as it suffered a hefty loss of $35 million in the last quarter. The company has decided to close its 529 stores, and leave the game. On contrary, netflix has taken the sector in which they provide very competitive prices, and NO LATE FEES. Blockbuster was notoriously known for its nasty hidden fees such as excessive late fess, and very unsatisfying customer service. Ouch. The company kept rebuilding itself, but netflix was just too far to even have a competition.

Businesses are ran by customers. Unsatisfied customers means no potential growth in the long term.

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