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Latest Late-2000s financial crisis Stories

2014-09-18 16:25:14

LONDON, Sept. 18, 2014 /PRNewswire/ -- Synopsis-- This report is the result of WealthInsight's extensive research covering the high net worth individual (HNWI) population and wealth management market in Russia.-- The report focuses on HNWI performance between the end of 2008 (the peak before the global financial crisis) and the end of 2013. This enables us to determine how well the country's HNWIs have performed through the crisis. SummaryThis report provides projections of the...

2014-09-04 08:21:22

DETROIT, Sept. 4, 2014 /PRNewswire/ -- General Motors Co. (NYSE: GM) and General Motors Financial Company, Inc., (GM Financial) announced today they have entered into a support agreement, reaffirming the critical role GM Financial plays in GM's success. The agreement provides for leverage limits and liquidity support to GM Financial if needed, as well as other general terms of support. Under the terms of the agreement, as GM Financial expands its product portfolio and grows its...

2014-08-28 23:02:14

UHY explains that the US was at the epicentre of the financial crash of 2008, but there are now signs that the economic recovery is strengthening and with it, the demand for lending. Sterling Heights, MI (PRWEB) August 28, 2014 Bank lending to the private sector in the US has stagnated in the last year, down by 0.13% in real terms, and continuing to fall behind the rest of the G7, according to a new study by UHY, the international accountancy network. UHY warns that the figures show that...

2014-08-21 12:35:06

An interactive internet forum for the global financial community, Cafe Finance serves as news and information portal as well as open exchange for readers to discuss the business/financial world NEW YORK, Aug. 21, 2014 /PRNewswire/ -- A new online destination has launched this week for those interested in promoting integrity and transparency in the financial sector. Christened Cafe Finance, the new site is an open forum for financial industry professionals, providing news and...

2014-07-30 12:21:27

CORPUS CHRISTI, Texas, July 30, 2014 /PRNewswire/ -- Yesterday, Texas lawyer Bob Hilliard, one of the nation's key players in pursuing claims against General Motors for deaths and injuries caused by faulty ignition switches, filed a lawsuit on behalf of 658 individuals who were injured or killed in GM's defective vehicles. Mr. Hilliard's lawsuit is filed in the United States Southern District Court of New York where the General Motors, LLC Ignition Switch Multi District Litigation...

2014-07-26 23:02:04

Debt Consolidation USA explains in a recent article published last July 23, 2014 how getting a house is not always a good idea. The article shares some tips to know when consumers are getting way in over their head with a house purchase. Los Angeles-Long Beach, CA (PRWEB) July 26, 2014 Debt Consolidation USA explains in a recent article published last July 23, 2014 how getting a house is not always a good idea. The article titled “Here’s The Truth: Buying A House Is Not Always A Good...

2014-07-16 12:24:55

FORT LAUDERDALE, Fla., July 16, 2014 /PRNewswire/ -- The Singing Machine Company ("Singing Machine" or the "Company") (OTCQB: SMDM) has entered into an agreement for senior secured financing with PNC Bank, N.A. ("PNC"). Under the agreement ("PNC Facility"), PNC will provide the Company with up to $15 million dollars in asset-based lending during the Company's peak shipping season and reduce to $7.5 million from January 1 to July 31. The PNC Facility is for three years and provides...

2014-07-15 08:29:27

BURLINGTON, Mass., July 15, 2014 /PRNewswire/ -- inVentiv Health, a life science knowledge and services company, announced today that it has initiated a series of capital market transactions to fund continued growth. The transactions will extend debt maturities and substantially reduce cash interest expense. Funds affiliated with Thomas H. Lee Partners, L.P. and other existing investors will invest an additional $50 million of capital in inVentiv in connection with these...

2014-07-14 16:21:58

Transaction Increases Partnership's Access to Liquidity, Serves to Reduce Borrowing Costs INDIANAPOLIS, July 14, 2014 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet" or the "Partnership") today announced the successful completion of an amendment and restatement of its revolving credit agreement. The amended agreement, which is comprised of a syndicate of banks with commitments of $1.0 billion, matures in July 2019. Additionally, the amendment...

2014-06-30 12:26:53

Columbia Business School study says analysts' concerns about fair value accounting clouded the already murky waters, fueling the crisis NEW YORK, June 30, 2014 /PRNewswire/ -- Widespread finger-pointing in the fallout from the 2008-2009 financial crisis is only exacerbated by the continuing legal battles between the big banks and SEC. Fair value accounting (FVA) is often cast as the culprit for accelerating the economic downturn, but a new study from Columbia Business School, published in the...


Word of the Day
jument
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.
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