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    What's the catch? (aside from investing in a global bank)

    so my broker sends me a solicitation for: Citigroup preferred Priced at 16.5, 12.3% current yield (perpetual yield) Callable in 9 1/2 years at 25 (works out to be about 4.5% return) Ordinarily I wouldn't touch anything financial (indeed anything in the stock market right now)...
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    Chae bahn - Diamond Jamboree

    Note - I'm not Korean so I'm not qualified to judge the meal I poked around to see what it was like. It's pretty small - seats 60 at the most When we got there, the wait was 20 minutes. Staff are helpful enough ... but when we opened the menu I didn't realize it's bibimbap only...
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    Adjusted Jumbo Loan Limits

    OK, so I read that as a part of the "economic stimulus package" just passed, the limits for FNM-purchasable jumbo loans went up to 720k-ish. What will that mean for me - will I, who got my jumbo prior to the meltdown when loans flowed freely like water, see rates that were below what I...
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    Seeking prime rib roast to age in prep for Thanksgiving

    Going to bake a roast the old fashioned way. Anyone know where I can find a cut like that? I used to have the Farmer's Market on Beverly and Fairfax but no longer ... Would appreciate any advice ... Vons, Ralphs, and Albertsons' ads have ribeye roast which might do in a...
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    We took the plunge ... (part 1)

    <p>OK, in the land of permabears and nirvinerealtors and others who chose to rent or buy, here's our story. Let what we've learned by our experience help others currently buying ... or to come.</p> <p>I'm a resident finishing his training at some hospital in Los Angeles; my wife is a...
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    Northpark - Campanile

    <p><strong>Village:</strong> <a href="http://www.irvineranch.com/villages/home.asp?vnx=12">Northpark square</a><strong></strong></p> <p><strong>Tract:</strong> <a href="http://www.irvineranch.com/villages/neighborhood.asp?nbh=8">Campanile</a> (68 single family homes) in the City of Irvine...
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    Falling home prices, rising interest rates?

    <p>I read the stuff on Prof. Piggington's site.</p> <p>I have to say, the argument is quite convincing. I had figured a 10% drop in the next 2-3 years, but I guess you renters almost got me convinced about the possibility of watching house prices drop 20 - 30 - 40% as they revert to the mean...
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    Tract Home Discussion

    <p>My editorial comments here:</p> <p>Thanks Vtech for the update on Campanile. When we went, we thought we were totally priced out of it so I didn't bother going back, but wow, 100k reduction is really significant. </p> <p>Might make me want to look at it again - but looking at my photos I...
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    Bitter Buyer Meme (on a variation of a theme by IrvineRenter)

    When XYZ suggests on OCFliptrack or Irvine Housing Blog that they are going to buy a home in Irvine for whatever reason (god forbid not for flipping), I see a good number of comments to the tone of, "Oh, XYZ is just deluding himself with the secret assumption that prices aren't going to fall by...
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    Tract home pricing

    Hi everyone. Have been a lurker since seekingalpha pointed out the OC Fliptrack as well as the Irvine Housing Blogs. I currently live in Los Angeles and will be starting a job in Orange in September. I have no intention of driving on the 5 every day back and forth to work, so intend to move my...
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