It also talks extensively about the billions of dollars concentrated in the Midtown Memphis medical community.The housing discussion begins at about minute 7:00.Great things are happening in Memphis right now!

. $521 billion in "extremely delinquent" notes still on the books, financial institutions will be liquidating these on the secondary market which provides a very good opportunity for those who embrace NPLs and learn how to profit from them. 

Known as the "Grave Dancer" for his success in purchasing distressed assets, is worth an estimated 4.9 billion.  

Did you know there are almost 2.46 billion users of social media?

At the end of the day, the lenders have billions/trillions in assets while the debtor doesn't.

Price is probably about $1 billion. 

We continue monetizing our debt creating inflation so that when we pay our old debt of say 100 billion since our dollar is so inflated we actually are only paying back say 50 billion.

One investor made over 3 billion last year by selling short specific securities to some investment banks.

At $90 profit that is almost a billion Dollars a day.Now they just need to find a way to spend it.

Investors eye growth at job networking siteAssociated Press June 18, 2008 SAN FRANCISCO — Four venture capital firms are betting Internet start-up LinkedIn Corp. is worth $1 billion, highlighting the lofty hopes riding on online services that connect people with their friends, family and business associates.The valuation is implied by a $53 million investment being announced Wednesday from Bain Capital Ventures, Sequoia Capital, Greylock Partners and Bessemer Venture Partners..... rest of the story at http://www.chicagotribune.com/business/chi-wed-linkedin-investment-ventjun18,0,3358919.story