loomberg says he's a pal of Trump but not a birther

New York City Mayor Michael Bloomberg calls real estate magnate Donald Trump a friend and says "anyone can run for president if you're 35 and an American citizen."

Bloomberg told "Fox News Sunday" that Trump is "a New York icon." Bar the mayor shied away from chatting up Trump's flirtation with the presidency.

Bloomberg real estate , a self-governing, also said President Obama "was born here." He said he believes Republicans "are making a terrible mistake" in quizzical whether the president was born in the United States. Trump has been one of the most vocal Republicans calling on Obama to let go his birth official document. Bloomberg says it's time for the Republican Party to address issues that "the public cares concerning."

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Gotham's Savior, Beaten by Albany

In the pre-dawn gloom of Oct. 17, 1975, with New York City hours absent from declaring bankruptcy, real-estate developer Richard Ravitch hosted a secret meeting at his Upper East Side apartment. In audience were Gov. Hugh Carey and teachers' chief Albert Shanker. "Ok, I'll do it," said Shanker, supportive to invest large amounts of union allowance funds in bailout bonds. The deal rescue Gotham.

In November 1979, Mr. Ravitch took the helm of the city's Metropolitan Transportation power (for no pay). The transportation system was ravenous of capital; its decaying $50 billion animal plant was held mutually by glue and spit.

Labor unrest exploded over pay cuts, culminating in an 11-day smack in April 1980. The next year, Mr. Ravitch began wearing a bulletproof vest to work after a big shot fired a .22-caliber shot into MTA headquarters and struck a shipment cop in the groin.

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Steven M. Speier Serves as Chapter 11 Trustee in Eight Land Development Cases in Southern California

A real estate asset, management and rental company, headquartered in Houston, Texas is satisfied to make known that Steven M. Speier, Director of Receivership, Bankruptcy and Litigation Services for American Spectrum Realty Management, LLC ("ASRM"), continues to serve in his capability as Chapter 11 Trustee in eight land growth cases in which the SunCal Companies of California are the developer and a variety of Lehman Holding entities of New York are the lender and/or investor.

The project consists of over 4,000 acres of prime real estate above all located in southern California. The properties have been in Chapter 11 bankruptcy since 2008 and Mr. Speier has served in his aptitude as Chapter 11 Trustee since January 2009. Mr. Speier is also at present serving as Receiver in a mixture of in commission businesses and real estate cases as well as a Chapter 7 and 11 Trustee on numerous insolvency cases.

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Invesco Real Estate Adds Senior Investment Professional

Invesco Real Estate today announces that Peter Feinberg has connected its New York City office as a collection manager and senior director. Feinberg, a member of the Invesco Real Estate asset Committee and Investment Strategy Group, will work with several of the firm's divide account clients and is responsible for ensure that their portfolios are intended to meet return objectives given an suitable risk profile.

"Peter brings a wealth of understanding and we are thrilled to have him join us," said Paul Michaels, Managing Director and Director of North American Real Estate. "His arrival supplementary strengthens our team and helps point us to keep on to discreetly manage our future growth."

He has over 25 years of knowledge prior to joining Invesco in 2010, counting 21 years at RREEF where over time he held position as head of portfolio management and head of disposition in the Americas, as a portfolio manager for more than a few of its funds and separate accounts and as an acquisition officer, and he served on RREEF's Management and Investment Committees.

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Wells, U.S. Bancorp see some recovery

U.S. Bancorp Recovery

(Reuters) - Wells Fargo & Co (WFC.N) and US Bancorp, (USB.N) two of the largest banks in the United States, said rising loan demand helped lift their earnings more than analysts had expected.

Increasing loan insists means some banks might be doing improved and winning market share even as business leftovers tough.

"The strong are getting stronger," said Blake Howells, head of equity research at Becker Capital Management, which owns US Bancorp shares.

Customer and company credit superiority also showed signs of civilizing during the quarter. Decision-making at both banks said credit is on an upward route. Hudson City Bancorp Inc, (HCBK.O) a bank best known for making mortgages in the New York City area, said income rose 11.5 percent as growth in nonperforming loans slow.

"We believe the real estate markets are stabilizing," Chief Executive Ronald Hermance said, adding that high unemployment will continue to put pressure on the company's loan book.

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