Keyword: greenpoint
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Nina Kapur, a 26-year-old reporter in New York City, died after she fell from a moped that had been rented from Revel, a popular moped sharing service. Kapur was riding on the back of a Revel rental scooter that was being driven by a 26-year-old man when he "swerved for an unknown reason" Saturday evening in Greenpoint, Brooklyn, according to NYPD spokeswoman Denise Moroney. Kapur and the driver fell to the roadway, and while the driver sustained minor injuries, Kapur was transported to a hospital where she was pronounced dead. The investigation is ongoing, Moroney said. Neither were wearing helmets.
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Meet the woman JPMorgan Chase paid one of the largest fines in American history to keep from talking By Matt Taibbi | November 6, 2014 "It was like watching an old lady get mugged on the street," she says. "I thought, 'I can't sit by any longer.'" Fleischmann is the central witness in one of the biggest cases of white-collar crime in American history, possessing secrets that JPMorgan Chase CEO Jamie Dimon late last year paid $9 billion (not $13 billion as regularly reported – more on that later) to keep the public from hearing. Back in 2006, as a...
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NEW YORK (Fortune) -- Capital One's shuttered GreenPoint Mortgage is the latest mortgage banking explosion to bump Wall Street's panic meter up a notch, and industry insiders say it is just another indicator that retail banks will be stung by the credit mess they helped create. "Banks are not going to want to be in the mortgage business after all this is over," says Richard Wilkes, a mortgage industry veteran who ran First Nationwide Mortgage before it became a part of Citigroup. More from FORTUNE The Bear truth Where were the cops? Subprime on the Rhine FORTUNE 500 Current Issue...
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Capital One Financial Corp. said Monday it will cut 1,900 jobs and shutter its wholesale mortgage banking business, a move that comes as lenders continue to struggle in the nation's housing and mortgage markets. ADVERTISEMENT Capital One said it will shut down GreenPoint Mortgage and eliminate most of the jobs by the end of year. The McLean, Va.-based company will close 31 GreenPoint locations in 19 states and "cease residential mortgage origination" effective immediately but said it will honor commitments to customers with locked rates who have loans already in the pipeline. "Over the past few months, we have experienced...
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Capital One Financial Corp. plans to shut down its struggling GreenPoint mortgage unit, becoming the latest casualty in the mortgage meltdown. Capital One bought GreenPoint in last year's $13.2 billion purchase of North Fork Bancorp, of Melville, N.Y. North Fork had earlier paid $6.3 billion for GreenPoint Financial Corp., then a large N.Y. savings-and-loan specializing in mortgages. The unit specialized in so-called nonconforming loans, which do not meet the standards set by Fannie Mae and Freddie Mac, the government-sponsored providers of mortgage funds. GreenPoint specialized in "jumbo" loans above the $417,000 limit and Alt-A loans to home buyers who do...
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The deal between Doncasters Group and Dubai International Capital got the green light today from President Bush. The deal was scrutinized by CFIUS and the Pentagon. Congress (for now) seems okay with the deal. According to the Washington Post http://www.washingtonpost.com/wp-dyn/content/article/2006/04/28/AR2006042800748.html"This investigation was a significant improvement over what happened before," said House Homeland Security Chairman Peter T. King, R-N.Y. "It's been much more thorough, much more detailed." Even Chuckie Schumer is okay with this deal. Per the WaPo... "There are two differences between this deal and the Dubai ports deal," he said in a statement. "First, this went through the process...
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THEY were a staple of Communist Poland, punishingly drab restaurants in which the menu was scrawled on a handwritten board above the cash register, room-temperature yogurt drinks sat lined up on the counter, and waitresses in smocks served food on trays through a small window. They are called milk bars, and despite their utter lack of charm, they are beloved by people who grew up in Communist Poland and remain popular there today. They are so beloved, in fact, that they also endure in the traditionally Polish neighborhood of Greenpoint, Brooklyn, even as the area is being fast transformed by...
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