Archive for December, 2008

GM Gets $4 Billion In Low Interest Loans; Chrysler Still Waiting - CNNMoney.com

Written by Admin on Wednesday, December 31st, 2008 in Uncategorized.


MSN Money UK
GM Gets $4 Billion In Low Interest Loans; Chrysler Still Waiting
CNNMoney.com -6 hours ago
The Treasury also confirmed that it had finalized the first GM loan installment. GM and Chrysler both secured loan guarantees earlier this month after
Chrysler Aid Is Bogged DownWall Street Journal
all 58 news articles

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Trump Entertainment wins 3 weeks' forbearance - Forbes

Written by Admin on Wednesday, December 31st, 2008 in Uncategorized.


Staten Island Advance - SILive.com
Trump Entertainment wins 3 weeks' forbearance
Forbes, NY -7 hours ago
The lenders under a Trump subsidiary's $490 million senior secured loan were also permitted to demand an accelerated repayment.
Trump Casinos May Miss DeadlineGlobeSt. com
Trump Entertainment noteholders OK forbearanceReuters
all 111 news articles

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The Repo Market: Not for Small Investors - Seeking Alpha

Written by Admin on Wednesday, December 31st, 2008 in Uncategorized.

The Repo Market: Not for Small Investors
Seeking Alpha, NY -15 hours ago
The overnight repo rate normally runs slightly below the Fed funds rate for two reasons: First a repo transaction is a secured loan, whereas the sale of Fed

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Company with links to OneCap Mortgage seeks bankruptcy - Las Vegas Review - Journal

Written by Admin on Wednesday, December 31st, 2008 in Uncategorized.

Company with links to OneCap Mortgage seeks bankruptcy
Las Vegas Review - Journal, NV -21 hours ago
A year ago, the Financial Institutions Division issued a cease-and-desist order to prevent OneCap from making unsecured loans. The division said the company

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Firesale Prices Could Mean Equity Returns for Loan Investors - Seeking Alpha

Written by Admin on Wednesday, December 31st, 2008 in Uncategorized.

Firesale Prices Could Mean Equity Returns for Loan Investors
Seeking Alpha, NY -13 hours ago
Collateralized loan obligations (CLOs) are CDOs that hold loans and were designed on the theory that if you made a secured loan to a company, your risk and

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PSU banks’ unsecured loans up 41% in FY08 - Economic Times

Written by Admin on Tuesday, December 30th, 2008 in Uncategorized.

PSU banks’ unsecured loans up 41% in FY08
Economic Times, India -Dec 29, 2008
MUMBAI: Shedding their conservative image, public sector banks are increasingly extending loans with virtually no collateral. Unsecured loans by public

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Northern Star Financial, Inc. Reports First Quarter Results - Stockhouse

Written by Admin on Tuesday, December 30th, 2008 in Uncategorized.

Northern Star Financial, Inc. Reports First Quarter Results
Stockhouse, Canada -5 hours ago
make secured and unsecured loans to business and professional concerns and mortgage loans secured by residential real estate and other consumer loans.

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Cosmetic Surgery Loans - Search By Headlines (press release)

Written by Admin on Tuesday, December 30th, 2008 in Uncategorized.

Cosmetic Surgery Loans
Search By Headlines (press release), NV -20 hours ago
Low rate of interest and greater amount are the features of the secured loans. The borrowers however usually prefer the unsecured loan as it is approved

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First Industrial stake | Prairie Stone sale | Equity Residential loan - Crain’s Chicago Business

Written by Admin on Tuesday, December 30th, 2008 in Uncategorized.

First Industrial stake | Prairie Stone sale | Equity Residential loan
Crain’s Chicago Business, IL -13 hours ago
Equity Residential closed a $543-million, interest-only secured loan, the company said last week. Wells Fargo & Co. originated the loan, which is backed by

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Fitch Downgrades 10 Classes of Cobalt 2006-C1; Removes 3 from … - Business Wire (press release)

Written by Admin on Tuesday, December 30th, 2008 in Uncategorized.

Fitch Downgrades 10 Classes of Cobalt 2006-C1; Removes 3 from
Business Wire (press release), CA -8 hours ago
The largest shadow rated loan, Ala Moana Portfolio, is secured by the fee interest in a 1.9 million square foot retail and office development in Honolulu,
Fitch Takes Various Actions on COMM 1999-1; Assigns OutlooksEarthtimes (press release)
Fitch Downgrades 5 Classes of MSCI 2006-IQ11; Revises OutlooksEarthtimes (press release)
Fitch Downgrades 6 Classes of COMM 2006-C8; Removes 1 From Watch Earthtimes (press release)
all 17 news articles

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