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...believe that returns from these investments could rival the huge profits pocketed by investors during the Government Resolution Trust Corp. bailout of the savings-and-loan debacle of the late 1980s and early '90s. Back then, vulture investors picked up distressed assets at pennies on the dollar, and returns often exceeded...
...apps already available, Apple's App Store is adding thousands every week. Until now, though, building a professional-looking app had been complex and costly - many app developers charge upwards of $125 per hour or $5,000 a week, and apps created from scratch often take at least several weeks to develop, at a total cost of $10,000 to $20,000, not including monthly hosting fees. (See the must-have iPhone apps...
...brothers Larijani - often referred to as the Kennedys of Iran - are emerging as a powerful counterweight to President Mahmoud Ahmadinejad from within the conservative camp. And unlike other Ahmadinejad rivals, the Larijanis are fully endorsed by Iran's Supreme Leader, Ayatullah Ali Khamenei...
...Larijani often found himself at odds with Ahmadinejad's inflammatory rhetoric, and finally quit in 2007, underscoring the political divide even among the conservatives. "They were ideological differences," Larijani told an Iranian news agency. "I thought that the differences would be damaging and thus I resigned." Larijani ran for parliament last year, and was elected speaker...
Over the years, the Larijani brothers have expressed realist positions on Iran's relations with the U.S. Mohammad Javad Larijani, who did doctoral work in mathematics at the University of California, has often urged an end to tensions. "Our country's relations with America are important in terms of our national interests," he said in a public debate a decade ago. "We should regard our relations with America realistically and without extremism, and weigh them with the criteria of our national interests." (Read "The Revolutionary Guards: Gaining Power in Iran...