Word: commerciales
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But on commercial real estate loans, it was just the opposite, as bank examiners were particularly easy on Wells Fargo. The government estimated that even if the economy turns worse, slightly less than 6% of Wells' commercial real estate loans would default this year and next, which was much less...
Kicking the Can When Obama drafted Rattner and another financier, Ron Bloom, to lead his auto task force, he instructed them to "treat these transactions in a commercial manner." That is to say, restructure the companies in a way that makes good business sense. The "commercial" mantra proved fleeting. The...
But that's not possible at a time when Obama and congressional leaders are requiring Detroit to do more to advance conservation and alternative energy and create 5 million green jobs. "I am absolutely committed to working with Congress and the auto companies to meet one goal: the United States...
Was it commercial? Experts scratched their heads. "We're all kind of struggling with it," says automotive consultant Laurie Harbour-Felax. To Corker, the deal was an exercise in pain management. "I get the sense that they decided to kick the can down the road, maybe delay the end for...
In a long-awaited trial that opened this week, French prosecutors are charging Scientology's French affiliate with organized fraud. Six of Scientology's top French officials are defendants in the case that began May 25. When investigating magistrate Jean-Christophe Hullin filed the findings of a nine-year inquiry...