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- 19 May 2020
- News
Exploring the Economics of a Pandemic; Alumni Forums Draw Closer Online
Black community as a private-enterprise desert, with devastating consequences.” To prevent this, he gave an overview of how to fill out the PPP loan application, and shared promising data from Seaway National View Details
Keywords: Margie Kelley
- 01 Sep 2016
- News
The Untold Story of the US Auto Bailout
Courtesy Argos Pictures; iStock “Because Congress failed to make funds available for these loans, the plan I’m announcing today will be drawn from the financial rescue package Congress approved earlier this fall. The terms of the loans... View Details
- 01 Jun 1998
- News
Diversity and Community
opportunities, housing, and access to capital. It found, for example, that low-income whites were twice as likely to be approved for loans as Native or African Americans with higher incomes. The task force's work helped convince one View Details
Keywords: Garry Emmons
- 01 Jun 2010
- News
$how Me the Money
Bank made a $160 million settlement with the Justice Department, agreeing it had been lax about accepting drug money from Mexico.) While U.S. law is tough on drug trafficking, terrorist financing, bank... View Details
- 01 Jun 2008
- News
Greed, Gullibility, and Optimism
RETSINAS: Too many people began to regard their homes as a guaranteed high-return investment. We just got carried away,” observes Nicolas Retsinas, a lecturer in real estate at HBS, whose distinguished career in housing, community development, and View Details
- 01 Mar 2011
- News
Local Hero
continues. “I remember sitting in Walter Shorenstein’s conference room on the 49th floor of the Bank of America building in San Francisco, with everyone looking around the table. The obvious person to run the team was Peter Magowan,... View Details
- 01 Mar 2014
- News
The Solution to the Global Food Crisis Just Might Come from Nigeria
Monument Bank, which loans against measures like warehouse receipts. At the height of the growing season, First City has 9 percent of its $2.7 billion loan book invested in agriculture, compared to a... View Details
- 01 Dec 2016
- News
Vive la Madeleine!
private investors, including Viana’s father-in-law, stepped forward with stakes of 100,000 and above. A regional grant available to Normandy businesses was good for 100,000. Finally, one bank did come around, View Details
- 01 Jun 2011
- News
What’s after Fannie and Freddie?
guarantees with private, for-profit entities, those private entities put the government at risk. There’s an incentive for the private entities to hold as little capital as possible against their own loan guarantees, and they would lobby... View Details
- 01 Jan 2004
- News
Minoru Makihara, 75th AMP, 1977
depended on bank loans instead of equity, creating the illusion that money was in infinite supply. That led Mitsubishi and other Japanese companies to make bad investments. I decided we should do something... View Details
- 01 Jun 2024
- News
Crash Pad
When 4753 North Broadway opened in 1924, the neoclassical tower represented the height of American architectural design, a terra-cotta temple of capitalism at the heart of Chicago’s Uptown neighborhood. Over the next century, a series of banks occupied the spacious... View Details
- 01 Oct 2001
- News
Margaret Hanson Costan: A Whole New World
One afternoon in 1997, while World Bank senior financial analyst Margaret Hanson Costan was in Paris discussing donations to the Bank, her husband, Jay, got a phone call. The social worker with whom they had been working to adopt a baby... View Details
Keywords: Young, Susan
- 01 Jun 2009
- News
Too Big To Fail
and loan crisis, followed by a rash of bank failures in the early 1990s that forced the government to recapitalize the FDIC’s Bank Insurance Fund. Long Term Capital Management,... View Details
- 01 Mar 2006
- News
The Little Ice-Cream Company That Could
fateful day in 1977. “We started to chat, and the phone rang,” recalls Rogers. When Cook hung up, he had tears in his eyes. “I offered to excuse myself, but he said, ‘No, no, let me tell you what just happened.’ ” Wells Fargo Bank had... View Details
- 24 Mar 2021
- News
Clubs Reaffirm Equity in Community Partners Work; Alumni Angels Invest in Member Education
trust of the communities they serve.” For the Oregon Community Partners, that has meant teaming up with Micro Enterprise Services of Oregon (MESO), a micro-lending organization providing entrepreneurs of color with opportunities for financial coaching and access to... View Details
Keywords: Margie Kelley
- 01 Mar 2007
- News
The Plight of the Global Poor
Indeed, the 2006 Nobel Peace Prize was awarded to Muhammad Yunus and the microcredit Grameen Bank he founded in Bangladesh more than two decades ago. With interest rates ranging from zero to 20 percent, Grameen’s average View Details
- 04 Nov 2020
- News
The Long View: Persevering Through Past Crises
opportunity to start my own business. I actually wrote the business plan in one of my HBS courses as the final project. I then took this business plan to the bank and was able to secure a loan to start a... View Details
- 01 Jun 2010
- News
MBAs on a Mission
School of Public Health as a way to understand the policies and skills required to address the systemic challenges that many developing countries face. She then moved to Johannesburg to assist with efforts by South Africa’s First National View Details
- 01 Apr 2002
- News
Urban Evolution - HBS Research on the Inner City
services, pawn shops, and payment and loan services in neighborhoods like South Central LA," Tufano notes, "but very few institutions that would help people accumulate savings." A 1999 Harvard Business Review article cowritten by Tufano,... View Details
- 01 Dec 2001
- News
September 11: A Community Reflects
selection," wrote Daniel A. Shanoff (HBS '02) in the September 17 edition. "We sweated the early-term cold call. The common metaphor we all bank on— that HBS is our own little oasis away from the 'real world'— was pierced. It's hard to... View Details
Keywords: Susan Young;Deborah Blagg