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Real estate investment trusts are on the move again, and Ross Smotrich, an analyst at Barclays Capital, thinks now is a perfect time to buy blue-chip REITs at bargain prices. (For another take on REITs, see page 108.) He likes Boston Properties ( BXP, 50) , which owns classy office buildings like Boston's Prudential Tower, San Francisco's Embarcadero Center and, in Manhattan, 399 Park Avenue, Times Square Tower and Citigroup Center.
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Other court documents put Mr. Stern at the center of tangled civil lawsuits and counterclaims involving Citigroup Inc.
WSJ: Case Spurred Bribery Probe
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Citigroup ( C - news - people ) Center.
FORBES: Makers & Breakers
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Among big banks, Schutz has a sizable position in Citigroup, which he expects to generate the best returns among money center banks as it sells off bad assets and begins buying back stock.
FORBES: Magazine Article
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Part of the problem is that, unlike New York City, where companies such as Citigroup are headquartered, Los Angeles doesn't have a single activity center.
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He told Forbes in 2002 his career goal was to succeed Weill as Citigroup CEO and become the first African-American to head up a large money center bank (see: " A Marked Man").
FORBES: Prince's Declaration Of Independence
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In the fourth quarter, financials were front and center for the group, with several targeting Bank of America, Wells Fargo and Citigroup.
FORBES: Billionaire Money Managers Like Financials And Pharmaceuticals