Summaries Term Paper Example | Topics and Well Written Essays - 750 words

Summaries - Term Paper Example Owing to crisis and fall in the real estate market Robert Verrone resigned from Wachovia, leaving the organization in dire strait. Robert Verrone’s methods were a key architect in inflating the real estate to a never seen height. He also participated in lending to hedge funds in real estate transactions. His risk taking activities helped Wachovia to reduce their debt amount. He also lent a large sum of money to a few developers under the interest-only deals. His dealings made him to be recognized as â€Å"Large Loan† Verrone and also a starry figure in the ‘New York real estate world’. He had been a hard working banker like any other over the years providing valued service to his clients. The limelight and the glitz of the circumstances made individual’s like Robert Verrone to undertake such business deals which otherwise they might not have. The present scenario which has seen a rebirth of ‘commercial real estate bond business’ after th e boom and the downfall of the recent years has seen Robert Verrone get revitalized and think of getting his lost ground back in the real estate market with his innovative and at times pragmatic deals. The article â€Å"Google vs. the Little Guy† was authored by Peter Burrows was published on Bloomberg Businessweek, on September 22, 2010. The article deals with a lawsuit related to a scenario in which Skyhook Wireless asks for tens of millions of dollars from the globally renowned company Google. This lawsuit was filed with an â€Å"intentional interference† claim that frightened Motorola away from undertaking a huge contract with Skyhook. The claim from the side of the Chief Executive officer of Skyhook Wireless stated that they settled a contract along with Motorola. Motorola’s upcoming mobile phones would make use of the software prepared by Skyhook Wireless. This deal was prepared exclusively for the Motorola’s smartphones. Google in this scenario was a competitor of Skyhook as the deal of Motorola can be