LIFE AFTER WORK: Retirees' income dried up when high-flying … - Las Vegas Review - Journal
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LIFE AFTER WORK: Retirees' income dried up when high-flying …
Las Vegas Review - Journal, NV The couple learned that hard-money lenders, such as USA Capital, would help them supplement Social Security with interest on short-term loans secured by real estate. Developers were willing to pay 12 percent and more for the loans. … |
This is a longer version of a story that will appear in The Times … - Los Angeles Times
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This is a longer version of a story that will appear in The Times …
Los Angeles Times, CA In Jackson, Barrack saw the sort of undervalued asset his private equity firm, Colony Capital, had succeeded with in the past. He wrote a check to save the ranch and placed a call to a friend, the conservative business magnate Philip Anschutz, … |
Harwood International managers have 'a white-collar and a blue … - Dallas Morning News
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Harwood International managers have 'a white-collar and a blue …
Dallas Morning News, TX He went into crisis mode, determined to cut costs, raise revenue and pay off Azure's $100 million-plus loan, which at the time was one of the largest condominium construction loans in America. By March of this year, almost all of that had been paid … |
GE, Abu Dhabi firm push ahead on partnership - BusinessWeek
 Emirates Business 24/7 |
GE, Abu Dhabi firm push ahead on partnership
BusinessWeek The joint venture is targeting "opportunities around the world," particularly in areas where GE Capital already operates, such as project finance, aircraft finance and loans to medium-sized companies, he said. It is likely to start out in wealthy Gulf … GE and Mubadala sign commercial finance JV agreement |
Washington banks sink deeper, quarterly figures show - Seattle Times
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Washington banks sink deeper, quarterly figures show
Seattle Times, United States Compared with the end of 2008, all but 10 of the banks examined had higher levels of nonperforming assets — mainly past-due loans and repossessed properties — relative to their capital levels, loan-loss reserves and asset bases. … |
FDIC orders changes at five California banks - Los Angeles Times
 Visit Bulgaria |
FDIC orders changes at five California banks
Los Angeles Times, CA Plaza Bank of Irvine, with $96 million in assets, was also on the list, with a demand from regulators that it strengthen management and raise $10 million in new capital. Plaza, which has had problems with small-business loans, agreed in October to sell … Off the Charts Troubled Bank Loans Hit a Record High Bair Attacks Too-Big-to-Fail as Enforcer Geithner Must Trust Which Banks Will Die? |
Jacksonville-area banks hit hard by loans gone sour - Florida Times-Union
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Jacksonville-area banks hit hard by loans gone sour
Florida Times-Union, FL And that would mean more losses that would eat away at the banks' capital. In the first quarter, 10 of the 17 banks reported net losses. And of the seven that were profitable, all but one recorded a return on average assets that was below the national … Jacksonville-area bankers pledge to work with customers About: Jacksonville-area banks hit hard by loans gone sour |
Capital One CEO: Implementation Of Card Law To Cause 'Shock' - CNNMoney.com
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Capital One CEO: Implementation Of Card Law To Cause 'Shock'
CNNMoney.com The CEO said he felt as if his hands were tied behind his back in recent years because Capital One did not follow some of the industry's strategies, notable the use of long zero-percent teaser rate loans. The bank has also been skeptical of some of the … |
REAL ESTATE: Loan defaults, vacancy rates rising for commercial market - Las Vegas Review - Journal
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REAL ESTATE: Loan defaults, vacancy rates rising for commercial market
Las Vegas Review - Journal, NV One of its national tenants, Sportsman's Warehouse, closed in April not because the store was underperforming or because of poor demographics, but as a casualty of the overall economy, Stewart said. The company's lender, GE Capital, pulled back on its … Real estate's woe zone |
Private equity firms to invest in First Southern - Reuters
 CharlotteObserver.com |
Private equity firms to invest in First Southern
Reuters Fortress is one of the world's largest private equity and hedge fund managers. The New York firm's founders, Wes Edens and Pete Briger, 20 years ago snapped up assets at distressed prices following the collapse of the US savings and loan industry. … Fortress, others take aim at Florida bank: report |
LIFE AFTER WORK: Retirees' income dried up when high-flying … - Las Vegas Review - Journal
|
LIFE AFTER WORK: Retirees' income dried up when high-flying …
Las Vegas Review - Journal, NV The couple learned that hard-money lenders, such as USA Capital, would help them supplement Social Security with interest on short-term loans secured by real estate. Developers were willing to pay 12 percent and more for the loans. … |
This is a longer version of a story that will appear in The Times … - Los Angeles Times
|
This is a longer version of a story that will appear in The Times …
Los Angeles Times, CA In Jackson, Barrack saw the sort of undervalued asset his private equity firm, Colony Capital, had succeeded with in the past. He wrote a check to save the ranch and placed a call to a friend, the conservative business magnate Philip Anschutz, … |
Harwood International managers have 'a white-collar and a blue … - Dallas Morning News
|
Harwood International managers have 'a white-collar and a blue …
Dallas Morning News, TX He went into crisis mode, determined to cut costs, raise revenue and pay off Azure's $100 million-plus loan, which at the time was one of the largest condominium construction loans in America. By March of this year, almost all of that had been paid … |
GE, Abu Dhabi firm push ahead on partnership - BusinessWeek
Emirates Business 24/7 |
GE, Abu Dhabi firm push ahead on partnership
BusinessWeek The joint venture is targeting "opportunities around the world," particularly in areas where GE Capital already operates, such as project finance, aircraft finance and loans to medium-sized companies, he said. It is likely to start out in wealthy Gulf … GE and Mubadala sign commercial finance JV agreement |
Washington banks sink deeper, quarterly figures show - Seattle Times
|
Washington banks sink deeper, quarterly figures show
Seattle Times, United States Compared with the end of 2008, all but 10 of the banks examined had higher levels of nonperforming assets — mainly past-due loans and repossessed properties — relative to their capital levels, loan-loss reserves and asset bases. … |
FDIC orders changes at five California banks - Los Angeles Times
Visit Bulgaria |
FDIC orders changes at five California banks
Los Angeles Times, CA Plaza Bank of Irvine, with $96 million in assets, was also on the list, with a demand from regulators that it strengthen management and raise $10 million in new capital. Plaza, which has had problems with small-business loans, agreed in October to sell … Off the Charts Troubled Bank Loans Hit a Record High Bair Attacks Too-Big-to-Fail as Enforcer Geithner Must Trust Which Banks Will Die? |
Jacksonville-area banks hit hard by loans gone sour - Florida Times-Union
|
Jacksonville-area banks hit hard by loans gone sour
Florida Times-Union, FL And that would mean more losses that would eat away at the banks' capital. In the first quarter, 10 of the 17 banks reported net losses. And of the seven that were profitable, all but one recorded a return on average assets that was below the national … Jacksonville-area bankers pledge to work with customers About: Jacksonville-area banks hit hard by loans gone sour |
Capital One CEO: Implementation Of Card Law To Cause 'Shock' - CNNMoney.com
|
Capital One CEO: Implementation Of Card Law To Cause 'Shock'
CNNMoney.com The CEO said he felt as if his hands were tied behind his back in recent years because Capital One did not follow some of the industry's strategies, notable the use of long zero-percent teaser rate loans. The bank has also been skeptical of some of the … |
REAL ESTATE: Loan defaults, vacancy rates rising for commercial market - Las Vegas Review - Journal
|
REAL ESTATE: Loan defaults, vacancy rates rising for commercial market
Las Vegas Review - Journal, NV One of its national tenants, Sportsman's Warehouse, closed in April not because the store was underperforming or because of poor demographics, but as a casualty of the overall economy, Stewart said. The company's lender, GE Capital, pulled back on its … Real estate's woe zone |
Private equity firms to invest in First Southern - Reuters
CharlotteObserver.com |
Private equity firms to invest in First Southern
Reuters Fortress is one of the world's largest private equity and hedge fund managers. The New York firm's founders, Wes Edens and Pete Briger, 20 years ago snapped up assets at distressed prices following the collapse of the US savings and loan industry. … Fortress, others take aim at Florida bank: report |