Tag archive for ‘CREDIT’
Joab Nevo On Tuesday, May 17th, 2016

Alpha Bank, Eurobank and KKR Reach Agreement to Support Greek Companies

Two leading Greek banks Alpha Bank and Eurobank  together with US private equity group KKR Credit today announced a binding agreement by which the Greek banks agree to assign the management of credit and More...

Professor Nouriel Roubini On Thursday, August 27th, 2015

‘Dr. Doom’ Nouriel Roubini: A Financial Early-Warning System

NEW YORK – Recent market volatility – in emerging and developed economies alike – is showing once again how badly ratings agencies and investors can err in assessing countries’ economic and financial More...

Teva secures $34 billion financing for Allergan acquisition

  Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) has entered into commitment letters relating to its pending acquisition of Allergan’s generic pharmaceuticals business with Bank of America More...

News Brief On Wednesday, July 22nd, 2015

Discover to pay $16 Million back to student loan borrowers

  Discover made it even more difficult for thousands of student borrowers to pay back their loans by misleading them on their statements, the Consumer Financial Protection Bureau said Wednesday. The bank More...

Reggie Reiner On Thursday, July 16th, 2015

Relativity Media’s Ryan Kavanaugh Is Being Sued for $7.5 Million Over Missed Loan Payment

– – RKA Film Financing is suing Relativity Media’s Ryan Kavanaugh over his failure to meet the deadline on a $7.5 million loan payment. The suit was filed yesterday in a Supreme Court of the state More...

Jewish Business News On Wednesday, June 10th, 2015

Lee Siegel Calls for Student Loan Boycott in America

– – Author Lee Siegel is calling on Americans to default on their student loan debts, something that he himself did. His words are especially relevant today as much is being made of how American More...

Jewish Business News On Friday, March 13th, 2015

Where Do American Students Have The Highest Debt?

  stands at a whopping $1.3 trillion – some experts consider this higher than the rest of the world combined. It causes countless economic problems with young couples holding off on buying houses, More...

Vered Weiss On Tuesday, March 10th, 2015

Treasury Secretary Jack Lew Hopes McConnell Won’t Shut Down Government Again

If Senate Majority Leader Mitch McConnell doesn’t abide by his promise not to hold the debt ceiling hostage again, as in 2013, Secretary of the Treasury Jack Lew said that “extraordinary measures” More...

Vered Weiss On Monday, March 9th, 2015

NY AG Schneiderman Wants to Make Credit Rating Agencies More Customer Friendly

  New York Attorney General Eric Schneiderman wants credit reporting agencies more accountable concerning dealing with errors and with medical debt, as reported by Reuters.  Equifax Information Services, More...

Professor Joseph Stiglitz On Thursday, March 5th, 2015

Nobel Laureate in Economics, Joseph Stiglitz: A Fair Hearing for Sovereign Debt

/ By Joseph E. Stiglitz and Martin Guzman/ Last July, when United States federal judge Thomas Griesa ruled that Argentina had to repay in full the so-called vulture funds that had bought its sovereign debt More...

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