Alex Berenson
Alex Berenson
Alex Berensonis a former reporter for The New York Times and the author of several thriller novels and a book on corporate financial filings...
NationalityAmerican
ProfessionAuthor
Date of Birth6 January 1973
CountryUnited States of America
banks finance green home loans millions outside pool process small thousands worth
Like many other banks and finance companies, Green Tree used a process called securitization to resell its home loans to outside investors. Green Tree grouped thousands of these small loans into a pool worth hundreds of millions of dollars.
banks capital deals divisions equity finance private risky
Big banks have long had private equity divisions that put up capital for deals too complex or risky for individual shareholders to finance.
banks biggest center charge companies investment negative pay profit profits publish stock
The biggest profit center for investment banks is the hefty fees they charge for underwriting stock offerings and giving financial advice, and analysts put those profits at risk if they publish negative conclusions about the companies that pay the fees.
banks care companies fields health potential prospects technology venture whatever
Whatever the potential pitfalls, banks are increasingly enthusiastic about venture capital, particularly in new companies with strong prospects in fields like health care and technology.
banks loans record whether
Normally, banks record profits on loans only as they are repaid, whether they securitize the loans or hold them on their books.
banks business central economies greatly interest lowering manage national raising
Business cycles lengthened greatly during the 20th century, as central banks learned to manage national economies by raising and lowering interest rates.
favorite gave holocaust investors island life million retired simon survivors targets widows william
From 1983 to 2000, William Goren stole more than $30 million from investors on Long Island and in Queens. His favorite targets were widows and retired couples, like Helga and Simon Novack, Holocaust survivors who gave Mr. Goren their life savings.
united-states social contracts
The notion that employees and companies have a social contract with each other that goes beyond a paycheck has largely vanished in United States business.
real drawing trying
The most distinguishing element of my novels is that I try as hard as I can - within the context of a popular commercial thriller - to make them feel authentic. Drawing on real locations and real events is part of that authenticity.
abby underestimate never-underestimate
Never underestimate the power of Abby Joseph Cohen.
information rising may
Volatility may be rising simply because investors must digest more information every day.
body trauma wells
If only the human body could handle trauma as well as biotechnology stocks do.
couple sunday age
For chat-room tyros who expect to make their first million day-trading by age 27, paging through the Sunday newspaper with a pair of scissors just to save a couple of cents on Cheetos seems so, well, old economy.
wall likes share
In general, great companies prefer to grow organically, as Wall Street likes to say. That is, from the inside out, by finding new markets or by taking market share from their competitors.