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Effective Net Worth Defined

Net worth plus subordinated debt.

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D.C. Office Market Flat Despite Financial Chaos: Report

Published October 11, 2008, 1:11 pm, Commercial Property News

The modest second-quarter growth rates experienced in Washington, D.C., and Northern Virginia evaporated in the third quarter, according to a CB Richard Ellis Inc. report. The entire region saw an essentially flat market with slowing leasing activity.

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Federal Capital Partners Closes $230M Fund, Will Seek Debt Investments

Published October 11, 2008, 11:11 am, Commercial Property News

Armed with a $230 million private equity fund that could allow up to $900 million in investments, Federal Capital Partners said it would continue to seek deals on value-added assets, but would also move into lending.

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India proposes more fiscal measures to infuse liquidity in system

Published October 11, 2008, 6:48 am, New Kerala

By Rajeev Ranjan Roy, New Delhi, Oct 11: India is proposing more fiscal measures, including further cuts in cash reserve ratio (CRR) for banks and in the interest rates to tide over the current turmoil in the financial markets, well-placed sources in the finance ministry and the central bank said Saturday.

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GE profit falls 22 pct, meeting lowered forecast

Published October 11, 2008, 5:50 am, Washington Post

HARTFORD, Conn. -- General Electric Co. spared investors any nasty new surprises as it reported a 22 percent drop in third-quarter earnings, meeting its own lowered forecast and blaming the decline on its struggling financial arm. The company's loan and lease business has been battered by the worse financial crisis since the 1929 stock market crash.

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India proposes more fiscal measures to infuse liquidity in system

Published October 11, 2008, 5:37 am, Calcutta News

India is proposing more fiscal measures, including further cuts in cash reserve ratio (CRR) for banks and in the interest rates to tide over the current turmoil in the financial markets, well-placed sources in the finance ministry and the central bank said Saturday.

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09-10-2008:- HK shares gain 3.3% on rate cuts after steep slide

Published October 11, 2008, 3:14 am, The Edge Daily

HONG KONG: Hong Kong shares rallied 3.3% yesterday, rebounding from a two-day, 13% slide, supported by a coordinated worldwide interest rate easing and a raft of market support measures from Beijing.

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(AFX UK Focus) 2008-10-11 09:21 TOPWRAP 1-U.S. firms up plan to buy into banks to stem crisis

Published October 11, 2008, 1:50 am, Interactive Investor

WASHINGTON, Oct 11 (Reuters) - The U.S. government pushed on Saturday to finish a plan to buy direct stakes in American banks as finance ministers from around the world struggled to find ways to stop the deepening financial crisis and shore up markets. Treasury Secretary Henry Paulson said the U.S. government would buy shares of financial institutions if necessary to halt market turmoil that has ...

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U.S. firms up plan to buy into banks to stem crisis

Published October 11, 2008, 12:52 am, Scotland Today

WASHINGTON (Reuters) - The U.S. government pushed on Saturday to finish a plan to buy direct stakes in American banks as finance ministers from around the world struggled to find ways to stop the deepening financial crisis and shore up markets.

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U.S. firms up plan to buy into banks to stem crisis

Published October 11, 2008, 12:36 am, Reuters via Yahoo! India News

By Emily Kaiser and Claudia Parsons

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GE profit falls 22 percent

Published October 11, 2008, 12:34 am, The Daily Item

FAIRFIELD, Conn. (AP) - General Electric Co.'s third-quarter profit fell 22 percent, hurt by lower earnings at its finance business, which has been battered by the worst financial crisis since the stock market crash of 1929.

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