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Sunday, May 17, 2009

05/17/09 Greenwich On The Money

U.S. money manager takes aim at subprime servicer
Reuters
... said. "The current environment pits bondholders interests versus servicers interest," said Bill Frey, president of Greenwich Financial Services in Greenwich, Connecticut. "This is like having the fox watch the henhouse." Declaration, in recent ...


Area Stocks
Connecticut Post
... 80 companies in the area and is designed to reflect the impact of the world and national economy on this region. Greenwich-based Blyth Inc., which designs, manufactures and markets candles, home fragrance products and Sterno, closed at $36.96, down ...

Business Briefs
Connecticut Post
Urstadt Biddle agrees to Goodwives loan Urstadt Biddle Properties Inc., Greenwich-based equity real estate investment trust, has completed the mortgage financing of one its retail properties, the Goodwives ...

Kona Grill: Riding a Wave of Trouble w/Photo
Restaurant Hospitality
... limited to Jundt's father. Their forum: Kona's first quarter conference call, where open rebellion prevailed. Greenwich, CT-based Mill Road Capital, which owns 10 percent of Kona Grill, bills itself as a 'Berkshire Hathaway for small companies.' It ...

Barclays in Talks to Sell Asset-Management Unit to Blackrock, BNY Mellon w/Photo
Bloomberg.com
... last year, compared with an average decline of 31 percent among U.S. money managers, according to a survey by Greenwich Associates in Greenwich, Connecticut. The business is worth the equivalent of $9.1 billion, or 0.54 percent of assets under ...

Christie's auction beats estimate by $20M
NewsTimesLive.com
Hedge fund manager Steven Cohen of Greenwich and tennis great John McEnroe
watched this week as Christie's International gave the art market a shot in the arm and auctioned $93.7 million of works, beating the low estimate.

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Please send your Greenwich business news to the Greenwich Roundup business editor Blake Sturcke at blake.sturcke@gmail.com

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