WHAT TO DO WHEN CREDIT TERMS ARE TIGHTENED Nordstrom credit card holders recently received an apologetic letter from the service-oriented department store, telling them their credit terms had been tightened. read more
SUPPORT FOR CONSUMER LENDING COULD CURB PREDATORY PRACTICES The federal government's $200 billion plan to prop up consumer lending is likely to come with strings banks won't like: new regulations curtailing predatory lending practices. read more
CITI ADDS $40 BILLION OF CAPITAL BENEFIT THROUGH AGREEMENT WITH U.S. TREASURY, FEDERAL RESERVE, AND FDIC New York - Citi (NYSE: C) today announced that it has reached an agreement with the U.S. Treasury, the Federal Reserve Board, and the Federal Deposit Insurance Corp. (FDIC) on a series of steps to strengthen Citi's capital ratios, reduce risk, and increase liquidity, as described below: read more
FAIR ISAAC ANNOUNCES RETIREMENT OF CHIEF FINANCIAL OFFICER (Minneapolis, Minnesota, USA) - Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision management technology, today announced that Charles M. ("Chuck") Osborne, Executive Vice President and Chief Financial Officer, will retire from Fair Isaac effective July 31, 2009. read more
FDIC MAKES PUBLIC OCTOBER ENFORCEMENT ACTIONS; NO ADMINISTRATIVE HEARINGS ARE SCHEDULED The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in October. No administrative hearings are scheduled. read more
REPORTS: HSBC HOLDINGS TO CUT ABOUT 500 JOBS IN THE U.K. (RTTNews) - Reports suggest Friday that the U.K.-based banking giant HSBC Holdings plc (HBC: News ,HSBA.L: News ), the parent company of the HSBC Group, plans to cut about 500 jobs in the U.K., including positions at its headquarters in London. HSBC employs about 335 thousand people worldwide and 60 thousand people in the U.K. read more
BANK OF AMERICA RECEIVES FEDERAL RESERVE APPROVAL OF MERRILL LYNCH PURCHASE CHARLOTTE, N.C., /PRNewswire/ -- Bank of America Corporation today received approval from the Board of Governors of the Federal Reserve System of the company's purchase of Merrill Lynch & Co., Inc. Bank of America aims to close the transaction by the end of the year pending shareholder and other regulatory approvals. read more
TREASURY'S FINANCIAL RESCUE PROGRAM REPORTEDLY UNDERSTAFFED NEW YORK (MarketWatch) -- The Treasury is struggling to hire enough people to handle the $700 billion financial rescue package passed by Congress in October, The Wall Street Journal reported Friday. Recently, many decisions have been left up to interim staff members, often from other federal banking regulators, who are temporarily at Treasury but are expected to eventually return to their previous positions, the report said. Assistant Treasury Secretary Neel Kashkari, charged with running the Troubled Asset Relief Program, was cited as saying the department's Office of Financial Stability is operating at half-staff, with about 40 full-time employees. read more
FIRST DATA CHAIRMAN AND CEO MICHAEL CAPELLAS TO SPEAK AT CREDIT SUISSE 2008: ANNUAL TECHNOLOGY CONFERENCE DENVER (BUSINESS WIRE) -- First Data today announced that on Tuesday, December 2, Michael Capellas, chairman and chief executive officer, will participate in the Credit Suisse 2008 Annual Technology Conference at The Phoenician in Scottsdale, Arizona. Capellas will be the Keynote Speaker from 12:15 to 1:30 p.m. Mountain Standard Time. In order to access the webcast, please go to http://ir.firstdatacorp.com/events.cfm web approximately 15 minutes prior to the start of the presentation. read more
| DebtConnection.com is a searchable database of collection products and services. The following Updates and New Entries occured since the last At A Glance was sent: | | | Portfolios For Sale | $900,000.00 Credit Cards International Credit Services, LLC http://www.debtconnection.com/portfolio.asp?639 More information about this company can be found here: http://www.debtconnection.com/moreinfo.asp?2773
$15,437,443.00 Auto Deficiencies Trilogy Capital Management, LLC http://www.debtconnection.com/portfolio.asp?638 More information about this company can be found here: http://www.debtconnection.com/moreinfo.asp?3718
$17,921,101.00 Auto Deficiencies Trilogy Capital Management, LLC http://www.debtconnection.com/portfolio.asp?637 More information about this company can be found here: http://www.debtconnection.com/moreinfo.asp?3718
$2,235,530.00 Auto Deficiencies Trilogy Capital Management, LLC http://www.debtconnection.com/portfolio.asp?636 More information about this company can be found here: http://www.debtconnection.com/moreinfo.asp?3718
| | Agency | MAREDAN CONSULTING INC. Dan Kelleher 905-871-2970 More Information
ASA FINANCIAL LLC JOSEPH ALLIA 609-858-2826 More Information
CBI-CREDIT BASE INTERNATIONAL SRL Michelle Lynne Gatewood 39.0187-5361151 More Information
WEST ASSET MANAGEMENT Jeff Shiovitz 770-618-5711 More Information
ESM ENTERPRISES Kevin Helmick 850-471-5081 More Information
BERNSTEIN,KLEIN & ASSOCIATES INC Steven Hayden 877-434-6407 More Information
WEBTECHUNIT.COM 5086693133
TRILOGY CAPITAL MANAGEMENT, LLC 858-436-2464
MACKDELL FINANCIAL GROUP, LLC. 718-705-7779
PHOENIX RECOVERY, LLC 315-472-6742
| | Attorney | BERNDT & ASSOCIATES, P.C. Karol Berndt 586-558-9000 More Information
| | Bankruptcy | FIRST DATA 888-390-3503
| | Debt Buyers | THE JUDGMENT GROUP Rob Munroe 770-888-4385 More Information
WEST ASSET MANAGEMENT 770-937-3063
WEBTECHUNIT.COM 5086693133
TRILOGY CAPITAL MANAGEMENT, LLC 858-436-2464
CREDIT BASE INTERNATIONAL 39-187-5361151
BERNSTEIN, KLEIN & ASSOCIATES INC 877-434-6407
REPUBLIC SERVICE SOLUTIONS 878-381-8808
| | Debt Sellers | TRILOGY CAPITAL MANAGEMENT, LLC Shawn Bonilla 858-436-2464 More Information
ASA FINANCIAL LLC JOSEPH ALLIA 609-858-2826 More Information
WEST ASSET MANAGEMENT Adam Elder 770-937-3063 More Information
| | Deceased | WEST ASSET MANAGEMENT Jeff Shiovitz 770-618-5711 More Information
FIRST DATA 888-390-3503
| | Scoring/Scrubbing | FIRST DATA 888-390-3503
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Industry Events
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2008 Student Lending Conference
Consumer Bankers Association
Ritz Carlton Pentagon City
Arlington, VA
December 3 - 5, 2008
More Information
20th Annual Winter Leadership Conference
American Bankruptcy Institute
Westin La Paloma Resort & Spa
Tucson, AZ
December 4 - 6, 2008
More Information
Collection Technology Summit 2009
Royal Media Group
Hilton La Jolla Torrey Pines
La Jolla, CA
January 14 - 16, 2009
More Information
14th Annual Rocky Mountain Bankruptcy Conference
American Bankruptcy Institute
Westin Tabor Center
Denver, CO
January 22 - 23, 2009
More Information
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| At A Glance - Wednesday, January 30, 2008 |
| At A Glance - Friday, January 25, 2008 |
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| At A Glance - Wednesday, January 16, 2008 |
| At A Glance - Friday, January 11, 2008 |
| At A Glance - Wednesday, January 09, 2008 |
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