US Credit Line Draw Down, Down
September 8, 2009
Banks swamped by a wave of personal debt | business.timesonline.co.uk
Recent studies indicate that the US consumer and small business usage of their existing lines of credit has declined.
All hands on deck, full steam ahead
September 7, 2009
Cascade Bancorp enters into agreement with FDIC | www.bizjournals.com
Both the FDIC and the board supporting executive management of Cascade Bancorp are doing their job to the best of their abilities.
China Sovereign Wealth Fund Looking Outside China
August 31, 2009
MV Weather Report: China's Winds Unable to Propel US Sails | webmail.aol.com
The investment guru's that run the China Investment Corporation (CIC), the $200 billion ($241bn USD) state-run sovereign wealth fund, are feeling the effect of the US Market's dog days of summer as well as being cautious of their own markets.
August 11, 2009
Carlisle Companies Rebound With Economy | seekingalpha.com
For so many years (perhaps even decades) the US manufacturing cost of various materials have been more expensive than other countries. Using actual bottom line profit as a metric, Carlisle is returning an offshore operation back to the US.
Small volume sellers, extremely vulnerable to dysfunction and fraud
July 27, 2009
new ebay program aims to reward good sellers | www.ecnmag.com
eBay is making a progressive move to help its solid but low-volume sellers, by providing incentives to keep feedback numbers high. Both Amazon and eBay provide a facility for buyers to leave feedback on transactions.
Borat and Bruno - not withstanding - Kazakhstan means business
July 18, 2009
only fools and doping cops would doubt lance armstrong -- fanhouse | jay-mariotti.fanhouse.com
The venerable (arguably a true legend in his own time) Lance Armstrong is placing his long standing career back on the line.And Lance Armstrong's team is Team Astana Cycling Team.
Desperate times, desperate measures
July 18, 2009
American Express halts UK pension payments | business.timesonline.co.uk
The value of due diligence, and buyer beware has never before in financial times been so important. There are definitely two sides to this issue. We are faced with commitments made based upon invalid assumptions of risk management techniques.
July 13, 2009
goldman says it has ‘no material exposure’ to cit (update1) - bloomberg.com | www.bloomberg.com
The latest news regarding CIT is not good. Fitch Ratings downgraded its ratings for CIT Group Inc. deeper into junk status on Wednesday. From my personal experience and public information, CIT is the third big-bank lender to destroy small-business access to credit.
Genworth MI Canada: Successful IPO, But Mixed Market Reaction
July 9, 2009
What to take from Genworth's IPO | www.theglobeandmail.com
Genworth Financial (NYSE:GNW) completed an IPO of their Canadian operations in a bid to raise capital to pay down debt at the parent company. The mortgage insurer’s Canadian offering raised at least C$850 million (44.7mm shares priced at C$19 per share and the underwriters have the option to sell an additional C$127mm (6.7mm shares) up until August 6th). If the option is exercised in full, Genworth Financial would have a 56% ownership interest in Genworth MI Canada (TSX:MIC). This is the largest IPO in the Canadian marketplace since 2007, when gold miner Franco-Nevada raised C$1.3bn, and is only one of a handful of IPO’s completed in Canada YTD.
Capital Without Representation
June 30, 2009
Green groups to sue over RBS investments | www.ft.com
Very tricky investing when it comes to buying stock which can be revalued by the adjustment of the underlying security asset. Buying stock in a bank holding company is similar to buying options. Various issues develop from the government nationalization of previously held assets by the private sector. Obviously the first issue is the principal stripping (inevitable price valuation destruction), and the second issue is becoming; which controls are available to the existing private sector holders (those in at the beginning) and those new government (government of the people by the people) holders.
E-Insurance: When will the insurance industry adopt modern communication tools?
February 14, 2012
ATMs could distribute prepaid Visa cards
January 23, 2012
PayPal can thrive as a standalone company
January 9, 2012
Europe's CO2 Emissions Trading System works, but it can be improved
December 16, 2011
European women wonder why their insurance premiums will increase
December 15, 2011