 |
|
http://www.scmp.com/portal/site/SCMP/menuitem.2af62ecb329d3d7733492d9253a0a0a0/?vgnextoid=9c85c5c5ebd82210VgnVCM100000360a0a0aRCRD&Cottage industry thrives on bypassing banksSubmitted by cahn on 19 July, 2009 - 4:15pm
Scott Langmack has given more than US$600,000 in unsecured loans to strangers. "I can reliably get 12 per cent, worst case 9 per cent," said Mr Langmack, 50, a former Microsoft marketing executive who began investing in so-called peer-to-peer lending last year. "I can't find anything that gives me this kind of confidence." »
What did I say then?China Telecom underwriters in the moneySubmitted by cahn on 21 December, 2002 - 12:37amThe investment banks that handled China Telecom's US$1.39 billion share offer did a pretty good job in stabilising the share's performance in the month after the listing - keeping it trading at about 5 per cent below its HK$1.48 issue price. The banks, which announced on Sunday that they had issued an extra 471 million shares as part of the exercise of their 15 per cent over-allotment option, emerged the winners in the deal, having turned it around from a difficult start. »
 |
Popular contentMost emailedUser loginSyndicate |
