Word: mortgagee
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Former University President Lawrence H. Summers welcomed 39 young professionals to an international leadership conference last night with wide-ranging remarks that touched on the sub-prime mortgage crisis, global warming, and economic growth in East Asia.
Lionized as Wall Street’s most capable mop-up man, incoming Merrill Lynch CEO John A. Thain was known as a quiet, polite, and incisive Midwesterner during his days at Harvard Business School. On Saturday, Thain, a 1979 graduate of Harvard, will take charge of Merrill Lynch and...
After a series of mishaps, upheavals and slip-ups, that reputation looks tattered. The U.K. economy is being buffeted by the shockwaves from the subprime crisis in the U.S.; Britain's fifth-largest mortgage lender, Northern Rock, is being kept afloat by guarantees from the Bank of England. Brown has...
With his shock of blond hair, deep tan and rakish English charm, billionaire entrepreneur Richard Branson likes to portray himself as maverick of the business world. And, on Monday, he made a typically bold gesture, announcing that he would lead an investment consortium to rescue the ailing U.K. mortgage lender...
In addition, Brady persuaded a mortgage broker to add him to his American Express Black Card, an exclusive charge card, according to court documents. Brady then proceeded to charge more than $18,000 to the card.