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April 21, 2008
RBS To Raise $20 Billion+ In A Rights Issue & Sir Fred Goodwin Can Keep His Job For Now
Analysis of: RBS Set To Announce Major Capital Increase | www.iht.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
It's hard to fathom that "Fred the Shred's" (known for his brutal cost-cutting in the past) role in the battle for ABN-Amro between Barclays may have led to RBS's plans to raise the largest cash call of British banks of $20 billion+ in a 1-for-2 basis "rights issue" to raise capital and shore up its...
April 21, 2008
Florida's Soft Market May End Due To Legislative, Not Natural Distasters.
Analysis of: Senate passes homeowner's insurance bill tougher on companies | www.sun-sentinel.com
Author: GLG Expert Contributor
Let The Industry Stabilize And Grow By It's Own Dynamics Instead Of Another House Bill. 
April 21, 2008
Betting against the house...at Google no less.
Analysis of: Google Profit Rose 30%, Quelling Investor Fears | online.wsj.com
Author: GLG Expert Contributor
This is a good reminder that buying advertising from Google is like betting against the house and that barriers to entry for competitors like Microsoft and Yahoo! continue to rise.  Google has great supply - but how much demand is in the market is the question.
April 21, 2008
Alliance Data Sues Blackstone For $170 Million "Breakup Fee"
Analysis of: Blackstone Says Alliance Data Lawsuit Spurious | today.reuters.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Blackstone Capital Partners V L.P. may have had a case of "buyer's remorse" with its $7.8 billion deal including the assumption of certain debt of ADS. The deal valued ADS at $81.75 a share, representing a premium of about 30% over ADS's closing price of $62.96 on 5.16.07. However, since that time ADS's...
April 21, 2008
Is 2008 The Tipping Point For Mobile Banking In the U.S.?
Analysis of: Online Banking Is Old News. Hello Mobile! | www.emarketer.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
The demand for mobile banking is growing and over the next 4-5 years, m-banking and m-payments will drive the boom in demand for wireless payments and banking. Banks, processors, card networks and mobile carriers are pushing two types of transactions with mobile devices, m-banking and m-commerce. The...
April 21, 2008
Venture Capitalists Wallets Feel the Strain Of A Slowdown In 1Q08
Analysis of: Venture Capitalists Invest Less In First Quarter | www.reuters.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
The Internet, Biotech and Cleantech are the sectors that benefited the most from venture capitals (VC) investments in 1Q08, despite a drop in VC investments to $7.1 billion in 1Q08. The economic slowdown has caused VC's to all but close their wallets to IPOs and M&As, which is the two most common...
Mark MariottiApril 21, 2008
Congress changed the rules
Analysis of: Freddie to Finance Jumbo Loans | online.wsj.com
Author: Mark Mariotti, CEO, Future Management Holdings Inc
Freddie Mac (GSE - Government-Sponsored Enterprises) wastes no time and begins to finance $10 billion to $15 billion in jumbo mortgages from big lenders. This follows the actions of other GSE's to add liquidity into the real estate market. I sincerely believe that this effort will help to flatten...
Mark MariottiApril 21, 2008
Steady Freddy... Fannie... Penny and the FHA
Analysis of: Mortgage applications up, FHA index climbs more | www.reuters.com
Author: Mark Mariotti, CEO, Future Management Holdings Inc
Current 'so called' mortgage metrics are not necessarially useful now or in the future. Ratios and numbers can always leave room for interpretaion and misdiagnosis.   Definately positive refi action is taking place for the strapped borrowers and principal committed investors; the GSE's should keep...
Martin BrillApril 21, 2008
Department Stores Must Upgrade Their Total Shopping Experience
Analysis of: Department Stores focus on Style | www.courierpostonline.com
Author: Martin Brill, Managing Partner, Sweetwater Consulting LLC
The entire department store segment is hurting right now, but those that improve their merchandising strategies , build their store brand though creative marketing and improve the shopping experience for their customers will emerge as market leaders once the economy turns around....
Mark MariottiApril 21, 2008
Firms like WaMu are pass-thru lenders. Ease investor anxiety NOW
Analysis of: WaMu Ditches the Wholesale Mortgage Biz | www.businessweek.com
Author: Mark Mariotti, CEO, Future Management Holdings Inc
a) Ease investor anxiety NOW   b) Secondary Mortgage Market Investors have been worried that recent data indicate a slowing economy, which would continue to cut into potential profit growth and actual principal at some of the nation's biggest mortgage companies, and portfolios.

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