GCC debt markets poised for take-off: for the Middle Eastern economies domestic bond markets have traditionally played a fairly minor role in financial intermediation. However, as in other emerging market regions, the pace of innovation in financial products is now gaining momentum in the Arab World.
Top-tier companies in the Middle East's financial services, telecoms, real estate and transport sectors are increasingly turning to rights issues on regional stock markets, debt securities and sophisticated Islamic financial instruments for their medium and long-term funding programmes, although conventional bank lending remains the dominant source of finance. ...

Fannie Mae/Freddie Mac uniform mortgage instruments: the forgotten benefit to homeowners.
I. INTRODUCTION Fannie Mae and Freddie Mac are the giants of the home mortgage industry. Today they own or guarantee about forty percent of outstanding home mortgage debt in the United States. (1) In addition, their uniform mortgage instruments document the great majority of home mortgage loans....

Aircraft Finance & Leasing News - North America.
Apr 14, 2008 George Soros the financier seeks stronger action to bolster economy. The credit crisis is far from over, billionaire financier George Soros warned Thursday, urging regulators to move faster to contain damage from the collapse of the housing finance markets. Soros has urged regulators to...

Accounting for all outcomes.
It is no longer enough just to assess and manage the risks of an enterprise's strategic endeavors. Managers must also take into account the range of outcomes: the knowns, known unknowns and unknown unknowns. Changes at the very top of some leading financial institutions in...

What would George Bailey Do? Any plan to right the housing market should put families first.
HENRY POTTER: Have you put any real pressure on these people of yours to pay those mortgages? PETER BAILEY: Times are bad, Mr. Potter. A lot of these people are out of work. POTTER: Then foreclose! BAILEY: I can't do that. These families...

CIB aims for bigger and better in 2008: chief executive officer of Egypt's CIB, Hisham Ezz Al Arab, talked exclusively to The Middle East.
[ILLUSTRATION OMITTED] What are your short and medium term forecasts for Egypt in terms of growth? 'Reaping the fruits of the economic reform programme' could be the title for the next phase of the Egyptian economy. The principal goal of the current Cabinet, which was...

Papering over the problem: killing the dollar to save Bear Stearns.
AS THE NEWS BROKE on March 14 that the Federal Reserve would backstop the rescue of Bear Stearns by JPMorgan Chase, it's unlikely that many of the drivers paying record-high prices at the gas stations off the West Side Highway thought to glance toward midtown, where two sleek towers...

Nonprofit IPO Launched by Warren Buffett Hits One Year.
ENTERTAINMENT CLOSE-UP-20 May 2008-Nonprofit IPO Launched by Warren Buffett Hits One Year(C)2008 - CloseUpMedia - newsdesk@closeupmedia.com The first-ever nonprofit IPO, launched a year ago with help from investor Warren Buffett, celebrates its first anniversary with more than $700,000 raised from the sale of "fundraising shares," priced at...

Pacific Ethanol Secures $325 Million in Credit.
ENERGY RESOURCE-11 January 2007-Pacific Ethanol Secures $325 Million in Credit(C)2007 JeraOne - http://www.jeraone.com Pacific Ethanol Inc. has signed a commitment letter providing for up to $325 million of senior secured credit, which it will use for continued development of ethanol plants in California and Oregon. ...

IFC Board Approves $120 Million Financing Package for BPZ Energy.
ENERGY RESOURCE-20 December 2006-IFC Board Approves $120 Million Financing Package for BPZ Energy(C)2006 JeraOne - http://www.jeraone.com BPZ Energy Inc. today announced that the International Finance Corporation's Board of Executive Directors has approved the company's $120 million financial package. IFC is the private sector arm of the World...