The Motley Fool

SEPTEMBER 21, 2023

Annaly has been a big dividend letdown Annaly Capital Management is a mortgage REIT , which means that it owns mortgages that have been pooled into bonds (often a collateralized mortgage obligation, or CMO) instead of physical properties. That's because of the still murky legal status of marijuana on the federal level.

Initial Public Offering 130

Initial Public Offering Collateral Legal Capital 130

The Motley Fool

JUNE 17, 2023

What they are trying to do is lend, and then take that collateral if those loans go bad, and then recycle that collateral into more cash. But at this point, it's not about the legality of it to this community and to the average investor who had believed and Ryan Cohen. They don't think that any heated anything illegal.

Banks 243

Banks Collateral Stakes Assets 243

The Motley Fool

JANUARY 3, 2024

That means the vehicle acts as collateral and guarantees the lender will be repaid. While you'll begin incurring added costs right away and a lender can take your car back immediately, it has to comply with legal requirements to do so. Image source: Getty Images A car loan is a secured loan.

Collateral 130

Collateral Legal Finance Financing 130

The Motley Fool

JULY 14, 2023

But it's technically and legally a bank too and must face the same stress tests that other banks do. As Lapey goes on to say, these assets are mostly "Agency Mortgage Backed Securities whose underlying collateral consists of long dated fixed rate mortgages that are very sensitive to mid/long term interest rates." His ultimate math?

Banks 130

Banks Collateral Assets Capital 130

The Motley Fool

MAY 27, 2024

However, Buffett soured on the company after it committed the cardinal sin of using its own stock as some of the collateral to facilitate the acquisition of medical-device company Synthes in 2012. This can be attributed to the legal overhang J&J is dealing with regarding its now-discontinued talcum-based baby powder.

Portfolios 130

Portfolios Banks Liabilities Exchange-Traded Funds 130

Private Equity Wire

DECEMBER 11, 2023

We have seen some market participants get creative with combining primary commitments to funds supported by a secondary transaction that provides a form of collateral to help with their risk/return trade off, and simultaneously building stronger relationships with GP’s.

Collateral 98

Collateral Stakes Bidding Legal 98

Pension Pulse

AUGUST 30, 2023

However, instead of facing a rated balance sheet, the insurance entity faces a fully secure, collateralized form of funding dedicated to a precise risk requiring coverage. Usually the collateral takes the form of highly-rated, highly-liquid investments, such as government gilt funds or pure money market funds.

Collateral 59

Collateral Hedge Funds Investing Assets 59

Hellman & Friedman LLC

AUGUST 16, 2024

RBC Capital Markets and Deutsche Bank are acting as M&A advisors to AutoScout24 and Simpson Thacher & Bartlett LLP, Davies Ward Philipps & Vineberg LLP and Freshfields Bruckhaus Deringer LLP are acting as legal counsel. Goldman Sachs & Co. LLC is acting as lead financial advisor; BofA Securities and HSBC Securities (USA) Inc.

Collateral 40

Collateral Legal Finance Financing 40

Hedgestone

JUNE 12, 2023

However, these loans typically require a strong credit history and collateral to secure the loan. Legal and regulatory compliance: Ensure that the business is in compliance with all legal and regulatory requirements, including permits, licenses, and certifications.

Due Diligence 52

Due Diligence Mergers and Acquisitions Finance Financing 52

Pension Pulse

JULY 11, 2024

A key challenge for regulators is that much of PE’s borrowing was arranged with loose legal terms at a time when lenders were fighting for deals, making it easier today to use financial wizardry to keep sickly businesses alive. another Canadian pensions giant, told Bloomberg recently.

Buyout 59

Buyout Debt Leveraging Collateral 59

The Motley Fool

AUGUST 2, 2024

Additionally, expenses were lower and include a reduction in legal reserves. Expenses in the second quarter were lower than expected, reflecting a reduction in legal reserves and the timing of expenses. And, you know, that's going to be dependent upon sort of market sensitivity, hedging, and collateral needs.

Assets 130

Assets Liabilities Capital Collateral 130

Clearlake Capital Group

SEPTEMBER 3, 2024

billion in assets under management (AUM), MV Credit provides tailored fund solutions to investors across senior direct lending, subordinated direct lending, hybrid, and collateralized loan obligation (CLO) strategies. DLA Piper LLP is serving as legal advisor to the MV Credit Partners. About Clearlake Clearlake Capital Group, L.P.

Capital 40

Capital Legal Collateral Asset Management 40

The Motley Fool

SEPTEMBER 14, 2023

Collateralized loan obligations from the Great Recession of 2007-2009, part of it is what causes the booms and busts. It is interesting to me, it's almost unbelievable really that you can be someone who is giving financial advice, but you are not legally obligated to put their best interests first. William Bernstein: Exactly.

Investors 130

Investors Finance Financing Banks 130

Pension Pulse

AUGUST 7, 2023

State financial officers are legal stewards of other people’s retirement assets, Oaks and Russ argue, and must ensure their investors’ proxy votes aren’t used to support “value-destroying political measures.” The duty of a public pension plan and of an asset management firm is to the people whose assets they are investing and managing.

Investing 52

Investing Collateral Pension Funds Asset Management 52

The Big Picture

AUGUST 8, 2022

Any kind, collateral, non-collateral. They don’t have collateral. Now does the FDIC even know how much risk they’re bearing 0 when all the assets are so encumbered that they’re all pledged as collateral? How do they — how does the corporation, as a legal person, interact with the rule of law in general?

Banks 82

Banks Debt Finance Financing 82

The Motley Fool

OCTOBER 31, 2024

In 2024, the combined ratio benefited from more favorable development on prior accident year loss reserves compared to 2023, the impact of which was mostly offset by higher attritional losses including those on our intellectual property collateral protection insurance or CPI product line.

Liabilities 130

Liabilities Performance Fees Capital Portfolios 130

Udu

MAY 24, 2023

Leveraged Buyout (LBO) An LBO transaction is an acquisition funded using a significant amount of debt where assets from both parties are used as collateral. This includes analyzing financial statements, legal documents, management team credentials, and industry trends.

Due Diligence 40

Due Diligence Best Practices Leveraged Buyouts Collateral 40

The Motley Fool

AUGUST 9, 2023

We also had an increase in our corporate SG&A driven by increased consulting and legal fees related to ongoing corporate projects, including the activity related to the letter of intent with Volvo. We expect legal and consulting fees to increase in the second half of the year as we move forward with setting up the JV with Volvo.

Capital 100

Capital Finance Financing Collateral 100

Mr. Money Mustache

JANUARY 29, 2021

Use that as collateral to borrow an additional $100,000 to buy more shares (VTI or otherwise). So as long as they set the rules conservatively, they have your shares as guaranteed collateral and can sell them instantly if needed. From a legal and accounting perspective, all I’ve done is bought a house as an investment.

Taxes 53

Taxes Collateral Stock Market Stock Market 53

The Motley Fool

OCTOBER 11, 2024

billion were up $808 million or 4% year on year, driven by compensation including revenue-related compensation and growth in employees, partially offset by lower legal expense. Expenses of $22.6 And credit costs were $3.1 billion, reflecting net charge offs of $2.1 Securities Services revenue was $1.3 Expenses of $8.8 Expenses of $3.6

Banks 130

Banks Assets Capital Mergers and Acquisitions 130

The Motley Fool

APRIL 12, 2024

Expenses increased 7% largely driven by the absence of a legal reserve release last year. Cost of credit was a benefit of $170 million driven by a reserve release of approximately $200 million primarily related to a change in estimate as we enhanced our data related to margin lending collateral. Net income was approximately $1.4

Banks 130

Banks Mergers and Acquisitions Assets Investment Banks 130

The Motley Fool

FEBRUARY 21, 2024

We also had 171 million of nonreal-estate impairments, which, again, using a third-party independent appraiser, we adjusted our nonreal-estate investments in Steward to reflect the current estimated fair value of our related collateral.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Banks Prospects Assets 130

The Motley Fool

JULY 14, 2023

billion, or 8% year on year, primarily driven by higher compensation expense, including wage inflation and higher legal expense. Expenses of 590 million were up 384 million year on year, largely driven by higher legal expense. And markets revenue was down 772 million or 10% year on year. Expenses of 20.2 billion were up 1.5

Banks 130

Banks Liabilities Capital Assets 130

Pension Pulse

NOVEMBER 20, 2023

the ability to leverage centralized risk, legal, HR, IT, back and middle office capabilities), relevant sectoral expertise, the ability to leverage scale (e.g., Even in jurisdictions where hedging is more feasible, hedging currency requires access to liquidity to post as collateral.

Pension Funds 59

Pension Funds Investing Leveraging Assets 59

Sara Grillo

MAY 8, 2023

This effectively collateralizes the cash value of the policy. With a home equity line to collateralized your house. And then the house, hopefully appreciates irrespective of the fact that it… As collateral against it, same deal with Anil, you’re collateralized your cash value, you’re taking that loan.

Mutual Funds 59

Mutual Funds Collateral Taxes Leveraging 59

The Motley Fool

FEBRUARY 20, 2024

This is below our guidance, primarily due to lower-than-anticipated professional fees and legal expenses. We also executed several liability management transactions during the year. exchangeable bonds at maturity in January 2023. General and administrative expense for the fourth quarter was $50 million.

Debt 130

Debt Shareholders Assets Liabilities 130

The Motley Fool

AUGUST 24, 2023

legal reserve we took in the first quarter. I would say the ad collateral is basically the same it's always been. Based on better visibility into the margin headwinds I just detailed, we are narrowing our full-year diluted GAAP earnings per share outlook to a range of $5.78 to $6.08, including the $0.12 Operator Thank you.

Leveraging 130

Leveraging Liabilities Taxes Capital 130

The Motley Fool

AUGUST 3, 2023

So is that being driven by Bud Light itself or the other brands, so basically Bud Light is still weak, but the other brands and the collateral damage if you like, is starting to reduce. We support the tax reform that will reduce the complexity of the Brazilian tax system, tax reform that can provide for legal certainty. Fernando here.

Taxes 130

Taxes Debt Securities and Exchange Commission (SEC) Portfolios 130

The Motley Fool

MAY 2, 2024

Some of the areas we exited included Retail Primary Casualty, Risk-managed Architects and Engineers, and Intellectual Property Collateral Protection lines. In total, the Lines and subclasses we exited represented less than 2% of our Insurance segment operations on an annual basis. It's risks that are outside the U.S.

Liabilities 130

Liabilities Shareholders Asset Management Portfolios 130

The Motley Fool

MAY 7, 2024

At the same time, our go-to-market team spent the last quarter using Copilot, dialing in talk tracks, sales collateral testing, and more, to be prepared to bring ZoomInfo Copilot to market. Kudos to Anthony and your legal team. Pat Walravens -- JMP Securities -- Analyst OK. Shifting to other notes in SMB. Two questions. Or is that it?

Banks 130

Banks Capital Leveraging Accounting 130

The Motley Fool

AUGUST 19, 2024

At full disclosure, I had discovered that book soon after I did MDMA for the first time when it was still legal, also known as Ecstasy or today Molly. I couldn't believe it, the bank usually wants all this collateral, and we're just going to screw it. Which I started studying back in 1984. That really awakened me to the power of love.

Initial Public Offering 130

Initial Public Offering Capital Banks Mergers and Acquisitions 130

The Big Picture

OCTOBER 21, 2024

Brian Higgins has put together a amazing track record handling distressed and stressed debts, as well as other forms of credit real estate collateralized obligations. In 2017, you launched a collateralized loan obligation business. . ~~~ 00:00:09 [Speaker Changed] This is Masters in business with Barry Riol on Bloomberg Radio.

Hedge Funds 59

Hedge Funds Banks Finance Financing 59

The Big Picture

FEBRUARY 13, 2023

Tell us a little bit about what you do on Twitter and how was it getting that through legal and compliance? RIEDER: Well, first of all, anything I tweet goes through legal and compliance before it gets out there, first part. RITHOLTZ: It doesn’t look like it’s been massaged to death by legal. RIEDER: It is real time.

Hedge Funds 59

Hedge Funds Education Funds Banks 59

The Motley Fool

JANUARY 16, 2024

Burford Capital CEO Chris Bogart walks Motley Fool analyst Rich Griefner through the world of legal financing, his company's competitive advantages, and a high-stakes case with Argentina. We don't talk about legal financing too much on the show because there's only one publicly traded company that does it. Jason, thanks for joining me.

Law Firms 147

Law Firms Legal Collateral Finance 147

The Big Picture

MAY 23, 2023

Yes, I did some legal stuff and rank stuff but I, you know, I went in on the weekends when we did the stock certificate count. And I was thrown at a, okay, we now need to know what have we got in Russia, what’s our exposure, what are our legal contracts, how does this work? Let’s do that then. And I bounced around. RITHOLTZ: Right.

Hedge Funds 65

Hedge Funds Finance Financing Funds 65

The Big Picture

AUGUST 15, 2023

And he said, “Well, it has to be this and that “and it has to be collateralized with a letter of credit.” And then it’s actually hard to make a legal bet. So technically, and that’s probably why it was legal, there’s no gambling involved. ” And I was like, “What?”

Hedge Funds 52

Hedge Funds Funds Capital Assets 52

The Big Picture

JANUARY 24, 2023

So I did my thesis on how leveraged buyouts work from the legal and the business side. And I remember literally sitting with the bankers at Manny Hanny and we went through every lending bank in the world, every major bank, and said if they lend their full legal limit — RITHOLTZ: They could — KLINSKY: — then we raise enough.

Leveraged Buyouts 105

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105