A.E. Feldman Blog

Despite fallout from the credit crunch, private equity remains attractive. That’s according to a new report from the Boston Consulting Group (BCG). Regardless of a recent rash of bad publicity, BCG says the asset class is just not as gloomy as it seems. Two reasons behind the optimism: the fact that private equity firms are [...]

Despite allegations that Countrywide helped to destabilize the mortgage market, a handful of former Countrywide execs are starting a mortgage company to snap up mortgage assets at cheap prices. Former Countrywide Financial Chief Operating Officer, Stanford Kurland, has created a mortgage company that will focus on buying loans from financial companies trying to reduce their [...]

Intellectual property management has assumed major significance over the past decade due to globalization and advances in information and communication technologies, according to the UN’s World Intellectual Property Organization (WIPO). And where technology goes, opportunities for attorneys soon follow. Emerging technologies are expanding areas of practice for attorneys, who are increasingly responding to intellectual property [...]

Latin America’s commodity boom is helping drive the growth in infrastructure. “Anything related to commodities is driving projects, and driving opportunities. Latin America has grown at an average rate of nearly 5% for five years in a row, and we believe that the region is ready to - and must - triple its investment in [...]

Societe Generale, the French bank reeling from $7.1 billion in losses stemming from illegal trades, says it will be reorganizing its senior management team, according to the International Herald Tribune. The financial behemoth has already announced its first move. Chief Financial Officer, Frederic Oudea, has been promoted to Deputy Chief Executive. Meanwhile, Societe Generale must [...]

JP Morgan may have bought Bear Stearns for the bargain price of just $2/share, but the deal provides the firm with a major entry to the lucrative prime brokerage market. JPMorgan has wanted to build out its prime brokerage in order to compete for a share of that market for quite some time, according to [...]

More than one million homeowners facing possible foreclosure have received loan workouts and been able to remain in their homes since last July, according to a new study released by, industry alliance HOPE NOW. Moreover, HOPE NOW just last month agreed to adopt guidelines for a 30-day “pause” in foreclosure proceedings to help struggling homeowners [...]

The United Arab Emirates has broken ground on what it calls the world’s first carbon-free city. Situated in Abu Dhabi, the 2.3-square mile, zero-carbon, zero-waste, car-free city is known as Masdar (”the source” in Arabic). Masdar CEO, Dr. Sultan Al Jaber, says the total development budget for the city is $22 billion. Of that investment [...]

Last month, the FBI announced it was investigating 14 corporations involved in subprime lending as part of its Subprime Mortgage Industry Fraud Initiative launched last year. The companies in question come from the financial services industry, including mortgage lenders and investment banks that bundle loans into securities which are sold to investors. The FBI also [...]

Bear Stearns survived the Depression, WWII and a slew of recessions, but the 85-year old firm has fallen amid the current credit crisis. JPMorgan Chase announced it is acquiring Bear Stearns for just $2 a share a mere fraction of what the investment bank was worth just a couple of weeks ago. Last week, Bear [...]