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Loans Articles

Anglo Irish Bank suffers euro8.3B loss on dud loans

State-owned Anglo Irish Bank Corp. reported a euro8.3 billion loss Tuesday on dud loans for the first half of 2010, a figure that raised more questions about the government's ability to keep supporting the Dublin-based lender.

Editorial : Receivership right path for South Canty

In the end, South Canterbury Finance was not, as some had predicted, too big to fail. The Government, quite correctly, resisted the temptation to support the recapitalisation of the country's second-biggest finance company, consigning...

Good Capital Announces $200,000 Investment and Innovative Partnership with Root Capital

Good Capital LLC , the San Francisco-based manager of the Social Enterprise Expansion Fund, announced today a $200,000 subordinated loan to Root Capital , a nonprofit social enterprise that is pioneering finance for rural communities in developing countri

Innkeepers Wins Judge's Permission to Borrow $53 Million in Bankruptcy

Innkeepers USA Trust won court permission to borrow as much as $53 million to finance operations in bankruptcy as a judge delayed ruling on whether the real-estate investment trust could use cash collateral.

Editorial: Save our SCF

With less than 48 hours to go until the crucial deadline that will determine the future of South Canterbury Finance (SCF), its fate appears to be in the Government's hands.