Blog

With the current upheaval in the capital markets and the news that Citigroup, Merrill Lynch and Morgan Stanley have written off $70 billion in loans, it is interesting to note a whole cadre of financial institutions that are doing gangbusters.  According to an article in the 2/19/08 USA Today, smaller banks which avoided the enticement […]

A recent report by Crain’s Real Estate Report (2/28/08) features a story about Schneider Logistics, an Evanston, IL-based company moving to downtown Chicago for one reason — the need to recruit young college graduates. According to Vice-president and General Manager Charles Craigmile, “it’s much better from a recruiting standpoint. Evanston is beautiful, but it’s tough […]

With all of the bad news about the housing market and the impact of sub-prime loans, its worth putting this in a historical context.  The U.S. mortgage market totals $12 trillion. Of that, $2.4 trillion is sub-prime loans.  Of this 20% of the debt will go bad — about $400 billion.  That equates to 3% […]

Dear Friends, Welcome to Alter NOW, our company’s brand new blog. We hope you’ll find it informative as we set out to chronicle the important trends underway in our industry. We hope to keep this free from sales and marketing language and simply use it as a way to start a dialogue with the stakeholders […]