Bringing baseball to Cambodia
Los Angeles Times - Mark Dennis, a Dothan businessman, helped Cook obtain more than $41,000 in loans, wiring the final $4,500 himself from a neighborhood pharmacy less than an hour before the registration deadline. "It seems like he's overcome so much to get to this
Source: www.latimes.com

Credit union helps actors with loans
New York Daily News - For every name on marquees, there are hundreds more theater people who toil out of the limelight, earning working wages. Since the pay is sometimes erratic, theater industry workers often have a hard time finding banks to give them mortgages. Some
Source: www.nydailynews.com

N.Rock needs EU okay to operate, shrinkage likely
Reuters - There must be compensatory measures to offset the distortion of competition caused by the subsidy, and normally that's a reduction of capacity". It was unclear what form the downsizing may take — fewer employees, branches, loans, customers or a
Source: www.reuters.com

Emirates NBD bank sees home loans jump as rates fall
Reuters - DUBAI, Feb 18 (Reuters) - Emirates NBD ENBD.DU, the Gulf's largest bank, expects to almost double its mortgage lending this year as lower interest rates encourage home buyers. That could fuel inflation already at a 19-year high. Lenders in United
Source: www.reuters.com

Brown under fire for nationalization of Northern Rock
International Herald Tribune - state role, however, will carry political and financial risks for a government already tarnished by the debacle, linking its fate to a shrinking mortgage bank at a turbulent time for the British housing market, with home repossessions, bad loans and
Source: www.iht.com

France's Vivendi affirmed at BBB/A-2' with stable outlook - S&P
Forbes - impact of Vivendi's announced 1-2 bln eur rights issue, combined with solid free cash flow generation by SFR and Neuf Cegetel, and a marked reduction over the next few years in SFR's dividends — enabling repayment to Vivendi of intercompany loans
Source: www.forbes.com

C5/Squire Sanders CEE Private Equity Report: Subprime Woes Surfacing
Forbes - Fund and the EBRD-backed Slovak Post-Privatization Fund, both in management matters (management compensation, governance audits, etc.) and in investments and disposition of portfolio companies together with the related shareholder agreements, loans
Source: www.forbes.com

Why European governments dare not let banks fail
Guardian Unlimited - The collapse of subprime mortgages set off a global credit crisis as banks around the world were forced to write down the value of their investments in complex securities whose value was wiped out as borrowers defaulted on their loans.
Source: www.guardian.co.uk

Wichford Seeks Extra Loans to Help Finance Property Purchases
Bloomberg - Feb. 18 (Bloomberg) — Wichford Plc, the U.K. landlord that leases offices to the British and German governments, is seeking to secure additional borrowing facilities to take advantage of falling real estate prices and lower interest rates. Wichford
Source: www.bloomberg.com