Runaway inflation can eat away at even the largest fortunes.

This morning Wachovia Corp reported a dismal quarter which heightened concerns about how corporate results will fare amid the ongoing credit crisis.The nation's fourth-largest bank suffered more write-downs linked to its troubled mortgage business, and slashed its dividend for the second time this year.

Carona, a long-time, deeply-entrenched Republican incumbent, is CEO of Associa Principal Management Group, "one of the largest property management companies in the nation," according to KHOU.

Otherwise you'll be the proud owner of a bad deal.Don't compete with the government for that distinction.

This is considered the largest annual decline since the last recession of 2001 when banks started tightening credit.The Federal Reserve also conducted a survey in April this year of senior loan officers which reflected that 55% of American banks had tightened their lending requirements for commercial and industrial loans to small and mid-size businesses. 70% of those surveyed said they have made the loans more expensive.With the Federal Reserve trying to keep interest rates low so that money is available to jump start economic activity, the banks are not going along with the plan by holding on to their money.

Just remember, being in real estate and having to spend no money is not as easy as it used to be.I would suggest finding some of the largest buyers of real estate investment properties in your area.

Today the Oracle of Omaha is seen as a "brilliant" businessman with $2B in cash and $1T in liabilities in his largest "investment" known as AIG....

My in complex in that I have built in bumps for both the lease amount and the purchase price that are tied to the cost of living index in the largest metro area that adjoins the park...

I've asked my credit union over the years about investor financing--they just don't do it and they're the largest credit union in the state.

According to Reuters:Washington Mutual, the largest U.S. savings and loan, was closed by the federal Office of Thrift Supervision, and the Federal Deposit Insurance Corp was named receiver.