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New Vista Asset Management Model Sees Success in Creating Homeownership Opportunities Through REO ..

New Vista Asset Management (New Vista), an REO firm that launched two years ago with the strategy to market REOs as affordable housing solutions for minority and first-time buyers, rep.. - Read more

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Institutional Investor Events: Leo Kamp, Formerly Managing Director and Chief Investment Economist, TIAA-CREF Asset Management to Speak at Investing in Distressed Real Estate Forum

NEW YORK, NY (MARKET WIRE) Institutional Investor Events is proud to announce the Investing in Distressed Real Estate Forum on November 17-18, 2008 at the Harmonie Club in New York City.

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U.S. Treasury to Hire Up to 10 Asset Management Firms

By Rebecca Christie and Robert Schmidt http://www.bloomberg.com/apps/news'pid=20601087&sid=aGGMo21aihyg Oct. 3 (Bloomberg) — The U.S. plans to hire five to 10 asset-management firms as Secretary Henry Paulson establishes the government’s new office for handling the financial bailout, a Treasury official said. The department will also add about two dozen new employees, a mix of bankers, lawyers, accountants...

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SA should turn to China for economic stability

The current global financial crisis has presented South Africa with an opportunity to dump Western-inspired economic policies that have proven to be disastrous, a leading business strategist said on Monday. Speaking at a Cape Town Press Club function in the city, Investec Asset Management strategist Michael Power said the crisis was a warning that the US' economic module, heavily dependent on borrowing,...

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UTI centre opened

Tirupur: The 99th financial centre of United Trust of India Mutual Fund (UTI- MF) was inaugurated by Tirupur Exporters Association president A. Sakthivel on Monday. R. Vijayakumar, regional head (retail), UTI Asset Management Company ...

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American Century Investments(R) Launches International Business; Opens London Office

KANSAS CITY, Mo.--(BUSINESS WIRE)--American Century Investments®, a leading privately held asset management firm, announced the launch

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Microsoft updates desktop management tools

Microsoft has released the next version of its desktop management toolset for IT that includes updates to its application virtualization and asset management tools. Microsoft Desktop Optimization Pack (MDOP) 2008 R2 is now available to users with volume licensing contracts and Software Assurance maintenance contracts. MDOP is designed specifically to help IT administrators manage collections of Windows...

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Knight Vinke eyes nonEurope firms

The activist shareholder group Knight Vinke Asset Management is to broaden its investment strategy by targeting large companies outside Europe for the first time.

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French Inspirational Stores inspires VCs for 10m Euros series B funding

Did someone declare that startups would have a hard time raising money? Not for some of them. Paris Based Inspirational Stores will announce tomorrow a 10 million euros series B lead by Atlas Ventures and OTC asset Management. Inspirational Stores offers famous high-end brands without online retail activity a full turn-key solution to give them a second life on the web starting from web presence to...

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My latest investment: InspirationalStores lands 10M for high-end e-commerce

I am delighted to announce the closing of my latest investment, in the form of a €10M round of funding (along with existing investor OTC Asset Management) into an exciting e-commerce business by the name of InspirationalStores. I am very...

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Private contractors to handle bailout

Breaking News and Commentary from Citizens For Legitimate Government 04 Oct 2008 http://www.legitgov.org/ All items are here: http://www.legitgov.org/#breaking_news U.S. Treasury to Hire Private Contractors to Spend Bailout Billions 03 Oct 2008 The U.S. plans to hire five to 10 asset-management firms as Secretary Henry Paulson establishes the government's new office for handling the financial bailout,...

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Friends Provident moves closer to selling F&C stake

FRIENDS PROVIDENT is understood to be in talks with Dutch financial services group Rabobank about the sale of its 52 per cent stake in fund manager F&C Asset Management.

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Paulson to Hire Private Contractors to Handle Bailout Billions

By GottaLaff Via CLG: Paulson to Hire Private Contractors to Handle Bailout Billions --U.S. Treasury to Hire Asset Management Firms to Handle Bailout 03 Oct 2008 The U.S. plans to hire five to 10 asset-management firms as Secretary Henry Paulson establishes the government's new office for handling the financial bailout, a Treasury official said. The department will also add about two dozen new employees,...

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Treasury To Pay Tens Of Billions To People Who Created Disaster To Manage Disaster Bailout

Of course. Fan-fucking-tastic: It will be one of the world’s largest asset management firms with an impressive $700 billion war chest... Treasury officials do not plan to manage the mortgage assets on their own. Instead, they will outsource nearly all of the work to professionals... The government will hire only a bare-bones internal staff of about two dozen people with expertise in asset management,...