NJ Commercial Lending

New Jerseys source for commercial financing since 1995.

Archive for November, 2007

The “Last Mile” Revolution

Posted by rayw On November - 26 - 2007

wimaxOn July 19th, telecom giant Sprint-Nextel and wireless web innovator Clearwire signed a letter of intent to join forces and blanket a substantial percentage of the U.S. with a high-speed wireless broadband network.

These tech giants intend to bring most of America’s major metro and suburban areas high-speed web access before the end of this year reaching full capacity by New Year’s Eve 2008… whole cities including parks, stadiums, bars and waterfronts will now be covered by fast, powerful wireless, microwave Internet access.

Imagine living anywhere in the mountains or back woods of the great American interior back in the early-1800’s, before the railroad. Horses would have been the only means of transportation. Now, imagine the day when the first locomotive arrives at your town’s new train station.

Lifestyles Of The Poor And Anonymous

Posted by rayw On November - 6 - 2007

goldman-sachsWe’ve all heard the top names in Investment Banking tossed around lately… trusted names like Bear Stearns, Morgan Stanley and Lehman Brothers. Even Bank of America, CitiCorp and Wachovia, to name a few, have gotten in on the act. For years they have been raking in boatloads of cash from this sub-prime shell game they’ve been running.

Well, here’s an eye opener. Goldman Sachs, the oldest and largest of the investment banking firms on Wall Street is the only firm involved in the mortgage meltdown that’s still making money… lots of it.