A.E. Feldman Blog

Efforts to bolster the struggling financial markets on Monday failed miserably. The House defeated a $700 billion emergency rescue for the nation’s financial system, leaving lawmakers and the Bush administration scrambling to pick up the pieces, according to the AP. Following the vote, the Dow plummeted 777 points – more than the 684-point drop on [...]

Amid economic turmoil, accounting remains one field with strong growth potential. According to the Bureau of Labor Statistics, the employment of accountants and auditors is expected to grow at least 18% by 2016 – that’s faster than the average rate of growth for all other occupations. “An increase in the number of businesses, changing financial [...]

Institutional research brokerage Gabelli & Co. is jumping on the “green” bandwagon. Gabelli has assembled a team to focus on the clean technology and alternative energy sector, reports the WSJ. Mario Gabelli also says he’s opening a hedge fund to invest in “green” companies that benefit the environment. “We think there’s money in alternative energy,” [...]

Infrastructure spending around the world is soaring as nations scramble to rebuild decaying roads, bridges, ports, airports and utilities. Meanwhile, a number of developing nations are adding new infrastructure. Right now, a growing number of global investors are seeking to capitalize on the trend and the diversification that investing in infrastructure offers.
Looking ahead, interest and [...]

The U.S. Department of Energy (DOE) has earmarked up to $24 million for breakthrough solar energy products. The DOE’s Principal Deputy Assistant Secretary for Energy Efficiency and Renewable Energy, John Mizroch, recently announced the investments are aimed at developing solar energy products to significantly accelerate penetration of solar photovoltaic (PV) systems in the United States [...]

Synovus Financial recently announced it has established a new Chief Risk Officer role, reporting directly to the firm’s CEO. Synovus appointed Mark Holladay to the newly created position of CRO, just one week after the financial services firm said it will cut about 650 jobs, or 9% percent of its workforce, over the next two [...]

The collapse of Lehman Brothers, the fire sale purchase of Merrill Lynch by Bank of America, and the federal government’s $85 billion rescue loan for American International Group has triggered a tidal wave of panic that the financial crisis may be far from over…and there are more layoffs to come. New York’s financial industry this [...]

Rapidly Increasing Number of Executive Positions in Burgeoning Asset Class
Great Neck, NY, September 19, 2008 –
A.E. Feldman Associates, Inc., a leading executive search and consulting firm, today announced the expansion of its website, reflecting its rapidly expanding practice area of Project & Infrastructure Finance.
“Interest and investment in project and infrastructure finance is skyrocketing as politicians [...]

The federal government rejected a call to impose tolls on Interstate 80 in Pennsylvania, according to the AP. The decision will force the Pennsylvania Turnpike Commission to continue making payments to the state for transportation needs. It also means the asset is more likely to fall into private hands. A consortium led by Spanish infrastructure [...]

U.S. foreclosure filings rose to a record in August as falling home prices made it harder to sell or refinance homes to pay off the mortgage, according to RealtyTrac Inc. Mortgage loan delinquency rates also increased for the sixth straight quarter. Traditionally seen as a precursor to foreclosures, mortgage delinquencies jumped 9% during the second [...]