Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
The 5Cs of Credit, P2P Lending, Social Lending, Self-Directed Lending
November 11, 2009
BlackRock's Fink: Forget 'Bubble' | online.wsj.com
Laurence Fink, Chairman and CEO of BlackRock Inc. in response to questions about bank failures and economic conditions suggested today that; “…the financial system needs to be a lot more responsive to society and make sure this doesn't happen again. Risk has to be a lot more transparent to investors....
Japan Consumer Finance Regulation Faces Final Hurdle
November 1, 2009
Govt May Backtrack On Tighter Moneylender Regulations | www.nni.nikkei.co.jp
A committee of policy makers assigned to the Financial Services Agency, Consumer Affairs Ministry and Ministry of Justice will convene this month to assess the impact of Revisions to the Money Lending Business Law on the consumer credit industry in Japan. The committee will either recommendto...
Japan Financial Affairs Minister Reviews Debt Moratorium Proposal
October 10, 2009
60% Of Smaller Firms Critical Of Debt Relief Plan: Poll | www.nni.nikkei.co.jp
Senior bureaucrats in Japan's Financial Services Agency allayed the worst fears of financial markets by unveiling draft legislation that bears little resemblance to the original pledge by Financial Affairs Minister to place a 3-year moratorium on repayment of small business loans. The draft legislation,...
Secure Future for Promise Under Former SMBC Exec
October 10, 2009
Promise Soars 14% On News Of New President | www.nni.nikkei.co.jp
Shares in Promise Corporation soared Friday on an interim announcement of the replacement of longstanding President Hiroki Jinnai with Deputy President Ken Kubo, a former Sumitomo Mitsui Bank Corporation executive with extensive consumer lending experience. The change in management signals a...
Aiful's Rehab Plan Needs Support From All Creditors
October 8, 2009
Aiful's Rehab Plan Needs Support From All Creditors | www.nikkei.co.jp
Nikkei today reported what insiders have long known: the privately orchestrated bailout for Aiful requires unanimous approval of more than 70 creditor financial institutions, many of which presumably have bought Credit Default Swap (CDS) protection against their exposure. Chances of success are...
New Valuation Model Changes Everything
October 6, 2009
Test of Value Scout Validates Accuracy | www.dsnews.com
Value Creation Institute recently announced that its patented system for asset valuation, ValueScout, was found to be 98 percent accurate in prediction of loan default when tested with actual data. The test was conducted using loan servicing data with a previously known outcome. Anyone considering...
JPMorgan, the man who encouraged lending
September 26, 2009
How to Stop a Credit Card Payment Increase | www.mainstreet.com
During the last major financial meltdown or depression, JPMorgan, the man who encouraged lending by laying down the gauntlet to his peers, single handedly stimulated the economy. He knew that the severe times dictated new and severe lending techniques. I believe there is going to be an even LARGERbacklash...
As the Date for Reform Came Issuers Made Big Moves that Will Impact Economy
September 25, 2009
Credit Card Issuers Getting In Their Licks Ahead Of Reform | www.huffingtonpost.com
The large banks and credit card issuers have moved in big ways ahead of the date for the effectiveness of credit reforms. These reforms will have major impacts for consumers and will also have a significant impact of near term economic growth. These recent changes will be seen in the drop in consumer...
Chase Test Likely Targeting Rate Surfers and At-Risk Customers
September 25, 2009
Credit Card Issuers Getting In Their Licks Ahead Of Reform | www.huffingtonpost.com
Chase’s new policy is most likely targeting rate surfers who will pay off at the end of their promotional period and at-risk cardholders who are using the lower rates for balance transfers from higher-rate issuers. The Chase test is likely looking to see the impact on concurrent runoff of existinghigher-rate...
Test Likely Targeting Rate Surfers and At-Risk Customers
September 25, 2009
How to Stop a Credit Card Payment Increase | www.mainstreet.com
Chase’s new policy is most likely targeting rate surfers who will pay off at the end of their promotional period and at-risk cardholders who are using the lower rates for balance transfers from higher-rate issuers. The Chase test is likely looking to see the impact on concurrent runoff of existinghigher-rate...
Network challenger uses handsets not cards, focuses on an underserved niche
November 16, 2009
Will the last Hedge Fund manager to leave London please turn out the lights
November 16, 2009
Can we be in recovery if we are still in intensive care?
November 16, 2009
How Can Linkedin's New Features Help Job Seekers?
November 15, 2009
5 Ways Social Media Gives Job Seekers an Advantage in a Recession
November 15, 2009
www.reuters.com
www.ft.com
recareered.blogspot.com
5 Ways Social Media Gives Job Seekers an Advantage in a Recession
www.bloomberg.com
recareered.blogspot.com