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Finance > Recourse
The following information is about Recourse.
Recourse Defined
Term describing a type of loan. If a loan is with recourse, the lender has a general claim against the parent company if the collateral is insufficient to repay the debt.
This definition is in context to Finance. See more contextual defintions for Recourse.
Shareholders threaten legal action over Fortis bailout deal
Published October 6, 2008, 3:00 pm, Muzi
BRUSSELS (AFP) - Fortis shareholders on Monday mulled legal action after French bank BNP Paribas agreed a deal with the Belgian and Luxembourg governments to carve up the troubled finance group.
Bucktown Versus Streets & Sanitation Dept.
Published October 6, 2008, 2:44 pm, Chicagoist
A new battle pitting citizens against the city is brewing in Bucktown where 137 cars were towed over the weekend to clear the roads for a 5K race, an action that residents say happened without warning. The Streets and Sanitation Department begs to differ; spokesman Matt Smith claims the signs were posted Thursday night and Friday warning residents of the Sunday morning race. A home-made sign ...
CoStar's Retail News Roundup: Oct. 5 to 11, 2008
Published October 6, 2008, 2:21 pm, CoStar Group
This week in the Retail Roundup, CoStar reports on expansions or new concepts at Kohl's and Saladworks; new retail developments in NC, PA, CA, TX, NV and IL; acquisition, merger, loan or sale activity at Sembler and Cole Companies, Wells Fargo and Wachovia...
Mumbai Metro achieves financial closure
Published October 6, 2008, 1:19 pm, The Hindu
MUMBAI: Mumbai Metro One Pvt. Ltd. (MMOPL), a joint venture between Reliance Infrastructure, Franceâs Veolia Transport and Mumbai Metropolitan Regional Development Authority (MMRDA), on Saturday signed the loan agreements to raise debts totalling Rs. 1,194 crore, and achieved the financial closure for the first line of Mumbai Metro Varsova-Andheri-Ghatkopar corridor.
The Hindu Business Line : RBI cuts cash reserve ratio
Published October 6, 2008, 1:10 pm, The Hindu
The 50 basis point cut will release Rs 20,000 cr into the system.
Merkel and Berlusconi call for coherent action
Published October 6, 2008, 1:02 pm, Reuters via Yahoo! UK & Ireland News
Germany and Italy agree that Europe needs coherent action in the face of the financial crisis, German Chancellor Angela Merkel said on Monday.
RBI cuts CRR 50 basis points to ease liquidity
Published October 6, 2008, 12:38 pm, Business Standard India
In a move to ease liquidity and cool the markets, the Reserve Bank of India (RBI) announced an ad-hoc 50-basis-point reduction in the cash reserve ratio (CRR), or the proportion of deposits banks must keep with the central bank, from 9 per cent to 8.5 per cent.
Europe strives to combat financial crisis in unison
Published October 6, 2008, 12:33 pm, Stuff
European governments are struggling to shield banks and bank depositors from a global financial crisis that is eroding confidence, endangering the economy and challenging their ability to respond as one.
Think big, start small
Published October 6, 2008, 11:39 am, Business Standard India
Aegon Religare Life Insurance, the three-month-old insurance company, uses under-insurance as the peg to do the unthinkable. From what appears, Rajiv Jamkhedkar likes to defy convention.
Shareholders threaten legal action over Fortis bailout deal
Published October 6, 2008, 11:28 am, TODAYonline
A man walks past Fortis headquarters in Luxembourg. Fortis shareholders on Monday mulled legal action after French bank BNP Paribas agreed a deal with the Belgian and Luxembourg governments to carve up the troubled finance group.
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Off-site Recourse Links, User Submitted
The following links have been collected through user bookmark submission in the Recourse category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.
Fri Sep 19
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Tue Sep 9
- Real Estate Blog - Recourse vs Non-Recourse Loans in California: Recourse vs Non-Recourse Loans in California
Mon Sep 8
Fri Sep 5
- Recourse Loans and Non-Recourse Loans - Dan Melson's La Mesa Real Estate and Mortgage Website: Recourse Loans and Non-Recourse Loans
Thu Sep 4
- Customer Service: Consumerist's 4 Most Frequently Given Ways To Kick Ass
- The implications of a "voetstoets" clause when buying a property.
If you would like to find additional social bookmark based links on the topic of we recommend the Open Tag Directory > Recourse. If you would like to find related tags we recommend Tag Patterns > Recourse
Off-site Recourse Research Links
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