Corporate Financing in a Pinch

As banks and other syndicated lenders get cold feet about new deals, borrowers turn to nontraditional sources of capital-and face tougher loan terms
source for article: Business Week, September 18, 2008 by Ben Levisohn
With the credit crunch in full swing, companies big and small are having to scramble to find financing. The usual venues for loans […]

Over the Hump? Financial Exposure Still Uncertain

source for article: Fairfield County Business Journal, September 16, 2008,
by ALEXANDER SOULE
Despite the federal bailout of two massive mortgage companies, a Citizens Bank economist predicted that Fairfield County’s financial sector is only “halfway through this mess” as banks continue to write off underperforming loans.
Kent Gladding’s comments, delivered at a Connecticut Business and Industry Association […]

Small Firms See Financing Harder to Get

source for article: Wall Street Journal, September 16, 2008 by Simona Covel, Kelly K. Spors & Raymund Flandez
As Wall Street quaked Monday, small and midsize businesses prepared to feel the aftershocks in the form of tighter credit and tougher borrowing standards.
The financial crisis is the latest blow to small businesses, which have suffered through […]

Turnaround Specialists Saving Troubled Firms

source for article: Philly.com by Maria Panaritis, September 2, 2008
They are the trauma team of the business world. Their job: Stop the bleeding before the patient dies - or the bank calls your loan. And if your boss doesn’t have the chops to rescue your troubled company, they may just recommend a new one.
They […]

American Bankruptcy Institute: Annual Southwest Conference/Sept. 4-6

[ September 4, 2008 to September 6, 2008. ]
16th Annual Southwest Bankruptcy Conference
Four Seasons Las Vegas
Las Vegas, Nevada
September 4-6, 2008

If it’s fun you want, it’s fun you’ll get! Join ABI’s Southwest Bankruptcy Conference, September 4-6 at the beautiful and serene Four Seasons Hotel in Las Vegas for three days of networking and CLE. An outstanding faculty of judges, academics and industry professionals will […]