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Alternate Financing Group Formed
Posted on January 6th, 2009 No commentsTo help its customers overcome the “current difficulty in obtaining traditional bank financing to purchase businesses,” Sunbelt Business Brokers has partnered with Pendarvis Capital Group, a Maryland-based financial group, to provide alternative financing, the Small Business Times reported.
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Economic Trends Event Planned
Posted on January 6th, 2009 No commentsThe 2009 Northern Trust Economic Trends Breakfast will be presented by Small Business Times on Jan. 21 at the Italian Community Center in downtown Milwaukee. Read more or register.
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Pigeon Drop Scam is Back
Posted on January 6th, 2009 No commentsAn 86-year-old woman didn’t fall for the old “pigeon drop” scam outside a grocery store in Madison, thwarting two women who tried to con her out of her money. In a pigeon drop, the scammers show a wad of cash, claiming they found the money, and want to split it up between the scammers and the “pigeon,” the one being taken. Read the Capital Times story.
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Remembering Carl Pohlad
Posted on January 6th, 2009 No commentsIn the NorthWestern Financial Review blog, Tom Herbst looks back on 40 years of working with Carl Pohlad, who passed away Jan. 5 at the age of 93. Herbst, who was CEO of Pohlad’s Marquette Financial Companies, said they “would fly off to a town and negotiate a deal when we were there, oftentimes right on a sheet of paper. I can even remember a time where we bought a bank where he wrote the deal on the back of a napkin.” Read more.