Every Thursday
Every Thursday
4th Friday of month
3rd week of month
1st & 2nd week of month
3rd & 4th week of month
Quarterly
Ad Hoc
Words… what do they really mean? What is banking? What does a bank do, or what is it that a bank is supposed to do? I’m 53 and in my lifetime, I’ve witnessed a complete change in the banking system in the U.S.
On August 7, President Obama suggested that Fannie Mae and Freddie Mac should go out of business, as he called for “a return of private capital, [to] put the risk and rewards associated with mortgage lending in the hands of private actors, not the taxpayers.”
The CRE Financial Council’s Distress Debt Summit, held in Santa Monica on May 9th and 10th, was well worth attending. What follows are a few conference topics and what we felt were views sharing significant consensus or opposition. We hope you will find this as interesting as we did.
Fishing is a sportsman’s experience that brings many benefits even if the catching is minimal or altogether non-existant. A successful fishing trip can be sighting a rare species of wildlife or a day spent with a 10-year-old son. Capital raising, unlike fishing, does not bring collateral benefits and is generally considered a failure without funding. It can be a very expensive and discouraging experience. The benefit of capital raising is only one-funding.
China, for all of its wealth creation, continues to seek US investment alternatives. On our recent visit, manufacturers, business people, and family offices affirmed that the US, Latin America, and Africa are popular investment destinations.