His greatest triumph, the resuscitation of Japan's Long Term Credit Bank, renamed Shinsei, netted him a 700% return.
By the way, the bank in question was Long Term Credit of Japan, which failed in 1998, two years after Mr. Morgenthau's investigation.
Investments, London Mortgage, Long Term Credit Bank, Madison Dearborn III, Madison Dearborn IV, Manufacturers Hanover Bank, Masco Capital, Massachusetts Institute of Technology, Michigan State Pension Fund, Minnesota State Pension Fund, Mitsui Life, Mitsui Trust, Montana Public Retirement System, New York State Retirement Fund, Nippon Credit, Oregon State Pension Fund.
Also today, Bank of America and Wells Fargo had their long term credit ratings downgraded by Moody's.
To summarize those posts, Intelius has been accused of tricking users into long term credit card subscriptions via a third party for worthless privacy protection products.
And it belongs to a nominal annual interest rate of 8.5% for the long term credits.
Long-Term Credit may have found a match.
LTCB was one of three long-term credit banks that supplied finance to Japanese industry.
Now inflation is under control but long-term credit is scarce.
"Our focus isn't energy; it's high-quality tenants and long-term credit leases".
