Apparently not. At an auction held Wednesday in Los Angeles, no one was willing to throw down the minimum bid of $10.4 million. Debt-ridden movie star Nicolas Cage lost his Bel Air mansion to foreclosure on Wednesday. The courthouse auction was a flop, as no one was willing to make the minimum $10.4 million bid. […]
Category Archives: Finance
Stop throwing money away
There’s no question that disposable items can be incredibly convenient sometimes. But if you stop and think about it, they’re not all they’re cracked up to be. While it might be quicker to throw something in the trash when you’re done using it than washing it and putting it away, you do have to have […]
Two Job Markets, Worlds Apart
The economic outlook is rosy, at least for people at the top of the ladder. The number of U.S. millionaires rose 16 percent in 2009, according to a new report by Chicago-based research firm Spectrum Group. Some 7.8 million households had a net worth of more than $1 million, excluding the value of their home. […]
How a Secretary Made and Gave Away $7 Million
She lived in a tiny one-bedroom cottage in Lake Forest, Ill. She bought her clothes at rummage sales, didn’t own a car and worked most of her life as a secretary for a pharmaceutical company. Yet after her death at age 100, Grace Groner left Lake Forest College a gift of $7 million to be […]
Clickers Are More Likely to Click
Clickers Are More Likely to Click MARLBOROUGH, 11/25/2009 – People who search by clicking the button on Google’s homepage are fifty percent more likely to go on to click an ad than people who search by any other Google means, according to online ad network Chitika.  The study, which looked at just over 11 million […]
How Car Dealers Make Their Money
“Follow the money,” is good advice for someone trying to understand the hidden side of any business. Nowhere is this more important than on a car lot. Rows of shiny new cars on a dealer’s lot make consumers believe that’s where the big money is. But if you follow the trail of dollars, it leads […]
Unknown video stars making six figures
Meet The YouTube Stars Making $100,000 Plus Per Year Provided by the Business Insider, August 19, 2010: There are 10 independent YouTube stars who made over $100,000 in the past year, according to a study done by analytics and advertising company TubeMogul. From July 2009 to July 2010, TubeMogul used their viewership data to estimate […]
Cash For Keys
Jon Daurio, chief executive officer of mortgage investor Kondaur Capital Corp., recently offered a $4,000 check to Barry Culver for the deed to his Bryan, Ohio house. With the exchange, and a pay-off to a second-lien holder, Culver was freed of $120,000 in crushing mortgage debt on the house, said Daurio, who had bought the […]