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MEET THE NEW SUBPRIME KING.
- Source :
-
Wall Street Journal - Eastern Edition . 8/11/2015, Vol. 266 Issue 35, pA1-A8. 2p. 1 Color Photograph, 2 Graphs. - Publication Year :
- 2015
-
Abstract
- The article profiles New York investment firm Fortress Investment Group LLC co-founder and co-chairman Wesley Edens and states that the stake that Fortress placed in sub-prime lender Springleaf Holdings Inc. had grown to $3.5 billion as of early August 2015. According to the article, Fortress also saw a $1 billion investment in the firm Nationstar Mortgage Holdings Inc. into $350 million in paper and actual gains. The article presents comments from Edens. The article also discusses Springleaf's possible acquisition of the financial firm Citigroup Inc.'s unit OneMain Financial.
- Subjects :
- *SUBPRIME loans
*SUBPRIME mortgages
Subjects
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 266
- Issue :
- 35
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 108806379