Finance / HPS (JOHN HANCOCK PR INCOME FUND III)

Since 2002 "The bad news is that the Internet is big, and it's anonymous." – Fox CEO Jim Gianopulos "When I blow I think of times and things from outa the past that gives me an image of the tune. Like moving pictures passing in front of my eyes. A town, a chick somewhere...

Cities find the fine print is costing millions Local governments fork over billions in fees on investments gone bad By Theo Francis, Ben Levisohn, Christopher Palmeri and Jessica Silver-Greenberg Business Week updated 1:18 p.m. ET, Sun., Nov . 22, 2009 Detroit Mayor Dave Bing is struggling to save his city from fiscal calamity. ...

http://www.businessweek.com/magazine/content/09_48 /b4157034230199.htm Wall Street Plays Hardball   Taxpayers are taking another hit as strapped local governments fork over billions in fees on investments gone bad   By Theo Francis , Ben Levisohn , Christopher Palmeri and Jessica Silver-Greenberg   Detroit Mayor Dave Bing is struggling to save ...

The New Banking Belle of the South By LAWRENCE C. STRAUSS  |   UNTIL RECENTLY CHARLOTTE, N.C., WAS THE booming banking hub of the South, home to Bank of America (ticker: BAC) and Wachovia. BofA's woes are well documented, and Wachovia was rescued last year by Wells Fargo (WFC). In nearby Winston-Salem, meanwhile, the much smaller BB&T (BBT) quietly and ...

Here is the info you requested referring to S&P's statement, in underlined text!!  Answer to your question "Why didn't they issue shares at $25.00 before dividend cut?" This is because at this point Donald reckoned the divi cut would suffice in capital building.  He wasn't looking at the fine print that rating agencies would downgrade MFC's rating if he remained unhedged.  Thus issuing equity ...

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Tishman Nears Restructuring, Sale of Stuyvesant Town (Update1) Share Business ExchangeTwitterFacebook| Email | Print | A A A By Hui-yong Yu, Jonathan Keehner and Oshrat Carmiel Nov. 9 (Bloomberg) -- Tishman Speyer Properties LP and BlackRock Realty, the owners of Manhattan’s Stuyvesant Town- Peter Cooper Village, moved closer to restructuring $3 billion in debt on the apartment complex ...

Tishman Nears Restructuring, Sale of Stuyvesant Town (Update1) Share Business ExchangeTwitterFacebook| Email | Print | A A A By Hui-yong Yu, Jonathan Keehner and Oshrat Carmiel Nov. 9 (Bloomberg) -- Tishman Speyer Properties LP and BlackRock Realty, the owners of Manhattan?s Stuyvesant Town- Peter Cooper Village, moved closer to restructuring $3 billion in debt on the apartment complex as ...

Tishman Nears Restructuring, Sale of Stuyvesant Town (Update1) By Hui-yong Yu, Jonathan Keehner and Oshrat Carmiel   Nov. 9 (Bloomberg) -- Tishman Speyer Properties LP and BlackRock Realty , the owners of Manhattan’s Stuyvesant Town- Peter Cooper Village, moved closer to restructuring $3 billion in debt on the apartment complex as the property verges on default, Fitch ...