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GLG News by Credit Bureau Experts

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Matthew EatonSeptember 15, 2008
New Colorado law makes it tougher for PEO providers.
Analysis of: Colorado amends its Employee Leasing Law | www.peo.com
Author: Matthew Eaton, President, MDE Partners
1. A new subsection requires an employee leasing company to pay wages and collect and report taxes from its own accounts for all covered employees   2. Employee leasing companies must annually certify and execute and file a surety bond or deposit the equivalent of 50 percent of the average...
Mark MariottiSeptember 15, 2008
The Bear Sterns Equity Strip Model
Analysis of: Lehman Brothers faces Korean takeover bid | www.timesonline.co.uk
Author: Mark Mariotti, CEO, Future Management Holdings Inc
Unlikely that a suitor firm will take over Lehman directly by itself without assistance, perks or partners. As you may recall Bear Stearns in a similar situation, and remember that the Feds had to lend and assist JP Morgan with the acquisition.
John JukoskiSeptember 11, 2008
Good Idea, Wrong Justification
Analysis of: Lehman Brothers faces Korean takeover bid | www.timesonline.co.uk
Author: John Jukoski, Former First VP & Director of Collateral Analysis, Federal Home Loan Bank of Atlanta
KDB in this case is playing the role of the blind squirrel who finds a nut.  It is wise to invest opportunistically, in ventures that are cheap, WHEN YOU UNDERSTAND THAT YOU ARE NOT KNOWLEDGEBLE IN HOW TO RUN THESE BUSINESSES. 
John JukoskiSeptember 11, 2008
Credit vs. Collateral
Analysis of: ECB `Overpricing' of Asset-Backed Debt May Shut Out Investors | www.bloomberg.com
Author: John Jukoski, Former First VP & Director of Collateral Analysis, Federal Home Loan Bank of Atlanta
The question to answer here is whether or not the ECB is a collateral-based lender.
John JukoskiSeptember 11, 2008
Markets can function regardless of the ECB's actions
Analysis of: ECB to Change Auction Rules to Stop Banks `Gaming the System,' Mersch Says | www.bloomberg.com
Author: John Jukoski, Former First VP & Director of Collateral Analysis, Federal Home Loan Bank of Atlanta
The fact the ECB might accept securities other central banks (or private lenders) might not is not preventing the market for these securities to correct.  Pledging securities to a collateralized lender will not affect the ability to sell these securities when the opportunity presents itself.
Scott HolcombSeptember 8, 2008
Red Hat on the Run
Analysis of: Red Hat buys virtualization company for $107M | triangle.bizjournals.com
Author: Scott Holcomb, Chief Executive Officer, HOLCOMB ENTERPRISES
Talk about "hair on fire."
John JukoskiSeptember 3, 2008
This is a synthetic market.
Analysis of: Bank Debt Risk Rises as Writedowns, Losses Exceed $500 Billion | www.bloomberg.com
Author: John Jukoski, Former First VP & Director of Collateral Analysis, Federal Home Loan Bank of Atlanta
Let me be brief.  This is a synthetic market that allows participants to express their sentiments (wager) without participating in the cash market.  Beware reading too much into the levels at which items trade in any synthetic market.
John JukoskiSeptember 3, 2008
Quality, not Quantity
Analysis of: Lenders reject multiple credit applications | www.guardian.co.uk
Author: John Jukoski, Former First VP & Director of Collateral Analysis, Federal Home Loan Bank of Atlanta
Borrowers are finding it more difficult to obtain credit because lenders have a renewed awareness of the basics of extending credit, not because borrowers are requesting credit more often.
Lester WarbySeptember 2, 2008
Not So Fast - SSD's Are On The Way, But Rotational Drives Are Not Spinning Down Yet
Analysis of: Western Digital working on 20,000 RPM Raptor | www.bit-tech.net
Author: Lester Warby, Former VPIT/CIO, Firstmark Credit Union
SSD's (Solid State Drives) are still not viewed as a mature technology for critical or long-term data storage.  SSD's still have three major hurdles to overcome before they achieve mainstream acceptance; cost, write performance, and reliability/durability.  Hard Drive manufacturers are looking...
Lester WarbySeptember 1, 2008
Dell Latitude ON - The Next Big Thing In Quick Computing
Analysis of: Dell takes business laptops to new latitudes | www.itweb.co.za
Author: Lester Warby, Former VPIT/CIO, Firstmark Credit Union
Instant application access will be in high demand to meet the ever-increasing needs of a very busy and more mobile workforce.  This technology will become a required feature once it hits the mainstream business market. Companies like Apple, HP, and IBM are all currently exploring this...

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