Word: ardened
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...Florida homeowner advocates say most lenders were hardly as amenable to mortgage relief last summer as they've become in recent months, when local governments like Miami Gardens began pressing the issue. "We're seeing a change, more willingness among the banks to cooperate," says Arden Shank, head of the Miami nonprofit Neighborhood Housing Services, which is working with Florida cities to counsel homeowners on foreclosure prevention. "Not too long ago, most banks wouldn't even talk to us." (Read "Fannie and Freddie Offer New Plan to Help Homeowners...
...have the financial wherewithal to pay up in the event of mass defaults. "In the past six to eight months, there's been a deterioration in market liquidity and the ability to get willing buyers for structured finance securities," causing the values of the securities to fall, said Glenn Arden, a partner at Jones Day who heads up the firm's worldwide securitization practice and New York derivative...
...during the Japanese Occupation of Singapore and had to leave school to work. "I will never forget that I was hungry for many years," says Wong, who these days maintains homes in Hong Kong and Singapore and on Australia's Gold Coast. A stint behind the counter at Elizabeth Arden led to 25 years in the beauty business, culminating in a job working for Estée Lauder as regional sales and marketing director for Asia. A haphazard search for wide shoes led Wong to Ferragamo and eventually into fashion. Soon she was the brand's distributor for Hong Kong before...
Although Zeta-Jones has been getting a lot of attention?not all of it positive?for her whopping contracts with T-Mobile and Elizabeth Arden, Arden's top brass insists she's worth every penny. And if exposure and a paycheck are what Zeta-Jones is after, then she may be better off in an Arden ad than in The Legend of Zorro...
...ensure more image control and power for stars: Jennifer Lopez's fragrance, Glow, rakes in more than $100 million a year for Coty, which has just launched a scent linked to Desperate Housewives, Forbidden Fruit?either a stroke of marketing genius or a sure sign of the apocalypse. Elizabeth Arden, which has turned an enormous profit on the bulletproof Elizabeth Taylor White Diamonds fragrance, introduced Britney Spears' scent, Curious?the No. 1 fragrance launch in 2004-05?and plans to present new products from Hilary Duff and, in an interesting turn, Danielle Steel. Sarah Jessica Parker, Paris Hilton, Donald...