Aozora and Private Equity


	Aozora and Private Equity

Nictos

2-19-2009 8:44 PM

127 views

Nictos says:

First in series by FF of Bloomberg about private equity investing in Japanese banks

Add a Comment

Login to Comment. Not a member yet? Sign up

Today's Top Clips

visit the Top Clips page

View the Top Clips from February 19, 2009

Embed This Clip In Your Site...

<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/2035c70b-7572-4621-a9a9-579bb4037659/F9B74CB0-F74B-4438-BA7A-132F6A47C050/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.bloomberg.com/apps/news?pid=20601109&sid=aFC_U5GBjZOc&refer=home" href="http://www.bloomberg.com/apps/news?pid=20601109&sid=aFC_U5GBjZOc&refer=home" style="font-size: 11px;">www.bloomberg.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.bloomberg.com/apps/news?pid=20601109&sid=aFC_U5GBjZOc&refer=home"><SPAN class="news_story_title">Madoff Loss Spawned in ‘Bargain With Devil’ at Cerberus Bank </SPAN>

<DIV id="pe">
<DIV id="email">
<A href="http://www.bloomberg.com/apps/mailto:?Subject=Bloomberg%20news:%20%20Madoff Loss Spawned in ‘Bargain With Devil’ at Cerberus Bank &body=%20Madoff Loss Spawned in ‘Bargain With Devil’ at Cerberus Bank %0D%0A%0D%0A%20http://www.bloomberg.com/apps/news?pid=email_en%26refer=home%26sid=aFC_U5GBjZOc">Email</A>  |
<A href="#">  Print</A>  |
<A href="#"><SPAN>A</SPAN></A>  <A href="#"><SPAN>A</SPAN></A>  <A href="#"><SPAN>A</SPAN></A>
</DIV>
</DIV>
		   
<P>By Finbarr Flynn</p> <DIV>
<DIV id="newsphoto">
<IMG width="220" height="162" border="0" alt="" src="http://www.bloomberg.com/apps/data?pid=avimage&iid=iwxYuqWjtfG8" /></DIV>
</DIV>
<P>     Feb. 19 (Bloomberg) -- Two of Japan’s eight nationwide
banks are braced for $2.6 billion in losses after investments by
U.S. private equity groups, which the Obama administration is
counting on to help bail out the U.S. financial system.     </p> <P>The lenders took on increased risks under foreign
ownership. Aozora Bank Ltd., acquired in 2003 by Cerberus
Capital Management LP, reported reverses on subprime mortgages,
GMAC LLC shares and <A href="http://search.bloomberg.com/search?q=Bernard+Madoff&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1">Bernard Madoff</A>’s fund. Shinsei Bank Ltd.,
bought in 2000 by private investors including billionaire J.
<A href="http://search.bloomberg.com/search?q=Christopher+Flowers&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1">Christopher Flowers</A>, had losses on a stake in Germany’s Hypo
Real Estate Holding AG.     </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/F9B74CB0-F74B-4438-BA7A-132F6A47C050/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

New from the makers of Clipmarks: Amplify.com - Don't just share the news...Amplify it!

Clipmarks: Home; New Clips; Top Clips; Dashboard

Popular Topics: News; Life; Science; Technology; Entertainment

Get Started: Sign Up; Install Clipping Tool; How Clipping Works; Clip-to-Blog™; ClipSearch

Tools and Resources: FAQ; ClipWeek; Top Clippers; Top Tags; Site Map

About Clipmarks: About Us; Contact; Copyright; Privacy; EULA

Search Options

Today's Top Clips