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27 Apr 2008, 3:21 pm
Buffett went on to write later: The banking business is no favorite of ours. [read post]
26 Apr 2008, 9:36 pm
Some susceptible entrepreneurs continue to get lured into setting up one or more off-shore LLC and corporate "shell" entities with the hope that income transferred and banked there will escape the grasp of the IRS, creditors of the business, or the trustee in bankruptcy should the business go belly-up. [read post]
26 Apr 2008, 5:30 am
One is the abuse of securitization -- the trend for banks to hold fewer loans on their books and instead turn them into securities that were sold to other investors. [read post]
25 Apr 2008, 2:11 pm
The gist: credit card holders sued a bunch of banks, including Bank of America, Capital One Bank, J.P. [read post]
23 Apr 2008, 12:58 am
Claimants must prove they suffer from one of 16 illnesses the trial jury blamed on smoking. [read post]
22 Apr 2008, 5:19 am
To shore up their weakened finances, one bank after another is racing to raise capital â€â [read post]
22 Apr 2008, 4:18 am
The PF is a legal entity but does not have a share capital. [read post]
21 Apr 2008, 11:52 am
Guerrero , No. 06-2745 Conviction for aiding and abetting an armed bank robbery and the use and carrying of firearms in relation to that offense is affirmed over defendant's claims that: 1) his post-arrest statements were obtained in violation of Miranda; 2) the underlying evidence was insufficient to sustain his conviction; and 3) evidence of his two prior bank robberies should have been excluded under Fed. [read post]
21 Apr 2008, 5:15 am
  In the weeks before Bear Stearns collapsed, Chairman Cox issued public statements indicating that the investment banking firm was adequately capitalized, something that proved entirely inaccurate. [read post]
18 Apr 2008, 12:23 pm
Reading more news of mass layoffs in banking (link), it occurs to me that we face one distinctive consequence from the new unemployed: lots of people with time on their hands who actually know a bit of something about how an economy works. [read post]
18 Apr 2008, 8:12 am
For every (successful) seller, there has to be a buyer, and if banks are getting capital infusions, somebody must have the dollars money to infuse. [read post]
18 Apr 2008, 7:54 am
SocGen CEO Daniel Bouton held off notifying his board of the losses until he could guarantee a capital infusion by two U.S. investment banks, Fortune magazine reports. [read post]
17 Apr 2008, 3:19 am
Reddy at a session on ‘The Role of Government-owned Investment Vehicles in Global Capital Flows' in the International Capital Markets and Emerging Markets Roundtable held at Washington DC on April 14, 2008.His speech covers flow of capital from SWFs in two directions, (i) investments by foreign SWFs into India, where India is the host country, and (ii) potential investments by an Indian SWF (were one to be created)… [read post]
16 Apr 2008, 1:21 pm
In Price, the district court held that the omission of a minimum line of credit is compatible with a "firm offer of credit" and entered judgment for Capital One Bank. 2007 U.S. [read post]
16 Apr 2008, 1:03 pm
Part one will be a panel discussion (Panelists: David Browning of CB Richard Ellis; Daniel Walsh, of Key Real Estate Capital Markets; Daniel Mullinger, of National City Bank Real Estate Finance; Peter Rubin of The Coral Company and Spencer N. [read post]
15 Apr 2008, 7:12 am
As initially stated herein, M&A activity can be attributed to liquidation problems within a bank. [read post]