Debt Management used to fix directors personal debt issues Frequently directors of a small business borrow in their own name to invest in the company. If the business subsequently fails, the director will be responsible for this debt. As a result, directors of failed businesses often find themselves struggling with personal debt which they cannot [...]
Posts Tagged ‘Management’
Apollo Swoops In on Bank’s Fire Sale
December 24th, 2010 
davidguide Credit Suisse is selling a $2.8 billion portfolio of soured commercial-property loans to Apollo Management for $1.2 billion, marking one of the largest bank sales of distressed real-estate loans since the downturn. View full post on All Stories
Posted in Banking 
Tags: apollo management, commercial property loans, credit suisse, distressed real estate, downturn, fire sale, Management, real estate loans, Suisse, Swoops 
Comments OffItalian Culture Minister Blames Management For Pompeii House Collapse
November 11th, 2010 davidguide AHN News Staff Rome, Italy (AHN) – Less than a week after an ancient house once buried in volcanic ash by Mount Vesuvius collapsed into rubble, Italian opposition groups have called for Culture Minister Sandro Bondi to take responsibility for the incident and step down from his post. Antonio di Pietro and Luigi Bersani, who [...]
Posted in Banking Tags: ancient city of pompeii, Antonio, artistic heritage, Blames, Bondi, Collapse', Culture, Fast Loans, formal motions, House, Italian, Italy, Luigi, luigi bersani, Management, Marcus Sandro, Minister, Minister Sandro, Mount Vesuvius, northeast Italian, opposition politicians, Pietro, Pompeii, Rome, sandro bondi Comments OffSims Metal Management – Fiscal 2011 First Quarter Results
October 21st, 2010 davidguide CHICAGO & SYDNEY–(BUSINESS WIRE)–Ahead of the formal release, on 27 October 2010, of its financial results for the three months ended 30 September 2010, Sims Metal Management (ASX:SGM)(NYSE:SMS) wishes to announce the headline numbers for that period as follows (unaudited and in Australian Dollars): -Sales revenue of $1.88 billion up 4 percent on prior corresponding [...]
Posted in Personal Loans Tags: 2011, amp, asx, australian dollars, Chicago, ebit, ebitda, First, Fiscal, Management, Metal, metal management, Percent, period, Quarter, Results, sgm, Sims, Sydney, sydney business Comments Off