A Timeshare Paradise - One Sector of the Real Estate Market Is Still Going Strong: Vacation Club, Anyone?
The vacation ownership industry, specifically timesharing and fractional ownership, has been virtually unscathed by the subprime mortgage crisis due to the rigorous underwriting criteria imposed on timeshare developers by industry lenders and securitizers.
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Aviation: Centerline: Newsletter - May 2008
In recent weeks, the widespread media coverage concerning safety issues uncovered during airline inspections has raised the profile on the FAA’s role in enforcing aircraft maintenance. Questioning the FAA’s ability to keep passengers safe, the chairman of the House Transportation and Infrastructure Committee suggested that there may have been a "pendulum swing away from vigorous enforcement of compliance, toward a carrier-favorable, cozy relationship."
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