City finance commissioner moves to Metropolitan Council on Jewish Poverty
“Many of our existing customers have loans in this portfolio as well, and we look forward to meeting the needs of those customers while strengthening our Commercial Real Estate business through this acquisition.” Morrison & Foerster LLP served as counsel to ING Real Estate Finance in the transaction, while Dechert LLP served as counsel to Wells Fargo Bank, N.A. About ING Real Estate Finance ING Real Estate Finance is one of the leading commercial real estate financiers with a portfolio of over EUR 28 billion. We provide global coverage to clients from offices throughout Europe and Asia. ING Real Estate Finance is part of ING Group, a global financial institution of Dutch origin offering banking, investments, life insurance and retirement services to meet the needs of a broad customer base. Going forward, we will concentrate on our position as an international retail, direct and commercial bank, while creating an optimal base for an independent future for our insurance and investment management operations.
Finance minister leaves Rudd on a limb over NT tax cut
The Met Council did not immediately reveal what Frankels salary would be. Rapfogel, who made $417,000 a year, was canned after the Mets board found financial irregularities under his tenure. Rapfogel is believed to have purchased insurance policies at inflated prices using the Met Councils money and then received kickbacks from the agent, Century Coverage Corp., a source said. His wife, Judy, who serves as Assembly Speaker Sheldon Silvers chief of staff, has her own ties to the insurance company. In 1997, she paid the Valley Stream insurance agency $8,000 for car insurance during her failed campaign for a City Council seat, campaign finance board records show.
The reduction would not come in before 2018, beyond the forward estimates, so was not costed. Wongs comment is damaging for Rudd. She was one of the few ministers he involved in working up the policy, which has been controversial because of its lack of costing and its long time frame. Resources minister Gary Gray was one of those left out of the loop. Earlier on ABC radio Wong was put on the spot over her last-minute switch to Rudd in the leadership battle.
Finance Minister P Chidambaram seeks 10-point action plan to revive economy
Economic affairs secretary Arvind Mayaram said the government is already working on a plan to open up the ports sector and the real estate investment trusts (REITs) will be soon announced to help attract more equity.The action plan could also include impediments that the officials feel that need to be removed in order to revive growth, which is likely to be around 4.8% in the first quarter of the current fiscal, same as that in the last quarter of previous fiscal. “We have done whatever we needed to do on the rupee front. It is now time to change focus,” the first official said. Abheek Barua, chief economist with HDFC Bank agreed that measures on rupee should work and it was time to move on to other things. “I don’t think any more measures would be required.