February 2010


Thirty-seven industrial countries have committed themselves to reducing greenhouse gases and actively promote the use of carbon offset credits. They have agreed to The Kyoto Protocol which caps the emissions of Green House Gases (GHG) at predetermined levels. If they produce more GHGs they need to acquire carbon offset credits from other third parties. All signs point to the USA eventually mandating stricter GHG compliance standards and possibly enacting a Cap-and-Trade system.

According to a recent Wall Street Journal article, “the Obama administration says it will curb greenhouse-gas emissions using the Clean Air Act if Congress doesn’t act, and the Environmental Protection Agency has been pushing ahead with rule making.” There are over 1,000 leading foreign & domestic industrial companies buying Carbon Offset Credits.

Watch this 6min 12sec video to learn more about what Cap-and-Trade means.

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SBA has made some sweeping changes to their programs in an effort to stimulate lending to small business owners facing maturing commercial real estate loans and in need of working capital.

Please download a free six page guide titled “SBA_New lending initiative” from the box.net widget on this blog or by following this link.

Warren Buffet

Not really.

While there is frothy excitement in social media circles that Warren Buffet’s holding company, Berkshire Hathaway Inc., is mentioned in the same sentence as “distressed real estate” his firm is a special servicer, not a buyer of distressed real estate. One of his holdings, Berkadia, has a portfolio of $240 billion and is now the country’s third largest special servicer. They jumped up in the rankings with the purchase of Capmark Financial Group in December 2009. It will be interesting to see how they utilize this servicing platform and the AA credit rating of Berkshire Hathaway to add to his mid-11 digit personal fortune.

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