Hints and tips:
...As the summer wore on, Black discussed Ganieva’s demands with a private investigator from Nardello & Co, and with Epstein....
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...Take Ellington, one of the oldest and biggest dedicated credit hedge funds, having been set up in 1994 by Michael Vranos, a former superstar mortgage bond trader at Kidder Peabody....
...Typically, the margins are narrow and because payments to policyholders are fixed in advance, any shortfall can be catastrophic for the insurer....
...Payment holidays on credit cards, mortgages and rents are also masking the current stress on loan books....
...It was an investment from financial group Brookfield, which leased the building whole, paying nearly a century of rent in advance....
...And Dignity, the funeral homes operator, has buried the divi in advance of the CMA attempting to unpick its cartel with the Co-Op....
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...Loans and advances grew by nearly a third during 2014 to £3.9bn, driving the bank’s total assets to £4.9bn....
...Grants have accounted for only about half the LLC’s $890m of spending since inception, says Matt Bannick, managing partner at the Omidyar Network....
...For example, if you choose the wrong career, select the wrong mortgage or fail to save for retirement, markets do not correct those failings. In fact, quite the opposite often happens....
...Berkshire also sought to displace Nationstar, a mortgage company backed by Fortress Investment Group, as the stalking horse bidder for the mortgage business....
...Companies entering bankruptcy often negotiate assets sales in advance with a “stalking horse” bidder, in order to set terms and conditions and a floor price for an eventual auction....
...Fortress will pay $700m for the servicing business, plus $1.8bn in advances, for a total deal value of $2.5bn....
...at BofA) and less legal risk from continuing claims relating to mortgage mis-selling and trading....
...The European long/short equity fund will be co-managed by industry veteran Chris Poil, latterly a consultant at Cheyne Capital....
...The author is co-editor of NYU Stern’s forthcoming book ‘Regulating Wall Street’ , John Wiley & Sons. Email Viral V Acharya...
...Either way, it’s difficult to assert in advance of any actual hearings that no material fact could have impeded ACA’s exercise of due diligence in its mortgage investments....
...Related links: SEC V. TREVOR G. COOK, PATRICK J. KILEY, ET AL, Case No. 09 CV 3333 – SEC Litigation release...
...“There has been a focus on banks’ capital, liquidity and their mortgage exposure.”...
...Any advances? Related links In praise of Santander – FT Alphaville ___...
...Kingfisher was down 1.3 per cent to 138.1p as Collins Stewart recommended selling in advance of the B&Q owner’s trading update next week....
...He is the author of ‘The Last Tycoons: The Secret History of Lazard Frères & Co’ (Doubleday, 2007)...
...The fall in the value of subprime-linked securities has boosted a group of funds which spotted the problems in advance....
...Meanwhile, Bank of America’s net profits rose 10 per cent last quarter, thanks to mortgage and credit card revenues, sending shares up 2 per cent to $42.42....
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