First Financial Northwest Corp (FFNW) – A “B-B-T-W-T-A-A-D-D” Special Situation
By Above Average Odds. First Financial Northwest Corp is Above Average Odds’s latest pick of value stocks. Read more » »
Read more on Guru Focus
ECONOMIST: Bankruptcy is becoming less calamitous
Going bankrupt used to be the worst thing that could happen to a company. The term stems from the Italian habit of conducting banking on wooden benches in marketplaces banca rupta means broken bench. Traditionally, it spelled ruin.
Read more on The Petaluma Argus-Courier
Prosperity International manager indicted
Prosperity International Manager Michael Burgess has been indicted on 42 counts of wire fraud and conspiracy to commit wire fraud for two schemes – one of which promised to secure $550 million for Plymouth Rock Studios’ movie studio project last year.
Read more on Old Colony Memorial & Plymouth Bulletin
Mortgage Bond Prices Rise to ‘Insane’ Records: Credit Markets
Mortgage securities with U.S.-backed guarantees are trading at record high prices on speculation homeowner refinancing will fail to accelerate and as supply of the bonds remains limited.
Read more on BusinessWeek
Allied Farmers still in talks with banks
Allied Farmers said it has yet to reach and agreement with its bank to extend bank facilities which expire on July 1.
Read more on Stuff
Smurfit, Rubicon, Philly Papers, Morton, Abitibi, Brookstone: Bankruptcy
Smurfit-Stone Container Corp ., a corrugated container and containerboard maker, is in a position to emerge from Chapter 11 by the end of June given the decision by the bankruptcy judge yesterday to sign a confirmation order approving the reorganization plan.
Read more on Bloomberg
Smurfit, Rubicon, Philly Papers, Morton, Abitibi, Brookstone: Bankruptcy
Smurfit-Stone Container Corp ., a corrugated container and containerboard maker, is in a position to emerge from Chapter 11 by the end of June given the decision by the bankruptcy judge yesterday to sign a confirmation order approving the reorganization plan.
Read more on Bloomberg
Accessing loans to meet personal needs is not at all a tough nowadays. There are hordes of lenders who offer finances which empower the borrowers to meet all their specific needs. But before opting for any financial help, borrower must look for the terms and conditions associated with the loan, other wise a loan with a high interest rate may cost borrower a lot at the time of repayment. This… Continue reading
Feds announce arrests in mortgage fraud crackdown
Some 500 people have been arrested in a nationwide crackdown on mortgage fraud, and federal officials pointed to Las Vegas as one of the centers of the scams that pumped up home prices until the housing market bubble finally burst. “I heard this many times,”… Mortgage fraud – United States – Fraud – Business – Mortgages
Read more on San
Radio 1 gets new loan, eyes bigger TV 1 stake
Radio One Inc., an owner of radio stations targeting African-American listeners, said Wednesday it is refinancing its debt and raising its stake in TV One LLC. The company said it has obtained a new senior secured credit facility, with a $50 million revolving… Radio broadcasting – Radio – Arts – African American – Television
Read more on… Continue reading
