Wisconsin Banking Update
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New Firm Buys Distressed Assets
Posted on January 23rd, 2009 No commentsMilwaukee-based Bellwether Capital Group Inc. was founded in October for the express purpose of helping banks rid themselves of distressed assets. “Our client buys all or any identified non-performing (assets) at the full note plus any accrued interest,” said Michael Blumenfeld, the firm’s president, in the Small Business Time.
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