Debt Management - Wall Street credit and loan losses may crush revenue
Wall Street credit and loan losses may crush revenue
Reuters UK - In studies released Wednesday, credit rating agencies Moody’s Investors Service and Standard & Poor’s said to 1998, when the Federal Reserve and many banks bailed out the hedge fund Long-Term Capital Management following Russia’s debt default.
After the credit crunch, a rush to ‘junk’
International Herald Tribune - MFS Investment Management is buying the bonds of casino and health care companies, while Loomis Sayles High-yield, or junk, debt is rated below Baa3 by Moody’s Investors Service and below BBB- by Standard & Poor’s. Matthew Eagan, who manages fixed
NorthStar Returns $13 Million to Student Loan Borrowers in 2007
Forbes - NorthStar’s benefits and programs substantially reduce the debt levels of high-interest private loans. — Create an online repayment counseling service The majority of the credit for NorthStar’s accomplishments goes to its management and
FACTBOX-Five facts about structured investment vehicles
Reuters - Finance, an SIV managed by British hedge fund Cheyne Capital Management, said it was seeking to restructure after it was forced to start selling assets to pay down debt [ID As of July, Moody’s Investors Service rated 36 SIVs or SIV hybrids
India company buys MedAssist
Louisville Courier-Journal - to expand its business by managing the administration, including cost-management tasks Firstsource will fund the acquisition through a mix of cash and debt, Mukerji Damico continued, “expanded the company’s geographic footprint and service