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AND THE NOMINEE FOR WORST BROKER IS …………
April 24, 2008
ORANGE COUNTY CA. – The Internet has become a wonderful tool to find brokers to do the legwork in hunting down the lowest prices for everything from airline tickets to vacation rental homes. So naturally, people are turning to Web-based brokers to help them choose oil and gas product. However, that may not be so smart or cost-effective. Using an online broker may just lead you to a scam.
With commodity prices at historical highs, investors are wondering if the cycle has peaked. Some call it a commodities bubble that will burst soon. Morgan Stanley economist Stephen Roach believes prices will tumble amid a United States recession and property market collapse. Others warn that buying and selling commodities is the riskiest way to invest your savings because of wild price gyrations. But 'bulls' such as veteran US investor Jim Rogers beg to differ. 'We are in a bull market for commodities that is likely to last beyond 2020,' he said at a recent conference in Singapore. 'This is because supply and demand got terribly out of whack a year ago. It will take many years to build new capacity by opening and discovering new oil fields.' In the meantime, prices will be pushed up as the available supply cannot satisfy the voracious appetites of emerging economies. For the average retail investor, taking the middle-of-the-road approach is to assume that the fastest growth has already come and gone. So you should be more selective and pick commodities that are likely to enjoy a sustained plateau in prices, rather than those whose prices might spike temporarily and then flop over time. Last year, more than US$40 billion (S$55.3 billion) was poured into assets that track commodity indexes, exchange-traded products and commodity structures, according to Barclays Capital data in January. So how can an investor get his toes wet without drowning? The first life raft is to distance yourself from online brokers promising you the moon, stars, and the sun along with a quick return. They request you sign an ICPO and NCND/MFPA and they send it on to yet another broker who in turn sends it to another broker and on and on with the hope it arrives to a seller that can service you order. In most cases, by the time the real sellers receives your package, the opportunity is already gone. As Kredit Banque vets our clients when you join the Kredit Banque family, we also vet our suppliers. It is to ensure that our clients do not become tangled in a broker web and spend countless hours calling in search of your order. Beware of internet brokers bearing gifts; this is not the season of giving. Get started the right way; send a query with your request to info@kreditbanque.com. The standard response turnaround is less than 24 business hours.
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WHILE THE CREDIT CRUNCH TAKES A BITE OUT OF HOLLYWOOD,
KREDIT BANQUE BITES BACK
August 1, 2008
ORANGE COUNTY CA. (AP)– Top banks leaving film market open opportunity for Kredit Banque.
For the past half-decade, Wall Street's top investment banks hedge funds and private equity firms have been doing the same sort of mathematical magic trick with Hollywood films. Now, however, the current credit crisis has upended everything in the exotic world of high finance, and Hollywood faces a $5bn (£2.5bn) annual finance hole. Kredit Banque has been unable to beat the big 25 banks in the film and financing arena until now. With the announced departure and closure of many of the top 25 banks’ film divisions and the ever increasing need for film and television financing from the major and independent studios, Kredit Banques is positioned at the right place at the right time and has overnight increased its market share while opening up new opportunities for our investors.
Annualizing a movies performance has never been determined as a science. Will a movie be a sleeper hit, a blockbuster? Will the film be so big it will become a "franchise", the start of a trilogy, a TV-syndication and DVD-sales cash cow that spawns enough merchandising that kids around the world beg Santa for every action figure produced? In some cases the film maybe a real dog. Such speculation is not the way Wall Street should work, and yet, in the past three or four years, some $10bn has been wired across the US to the major studios operating under that Hollywood sign. Almost half of that came in the early part of last year, as investors sought ever-cleverer ways to put money into "non-correlated assets," investment opportunities that guaranteed decent returns whatever happened to stock markets. Traditionally entertainment has always excelled during recessionary times.
By investing in a slate of likely hit movies being made by one of the six major Hollywood studios, Wall Street calculated that they could suffer films with poor performance and still make money — even after paying the studios a fee for distributing the movies they themselves financed, the film could turn a decent profit.
This is only true if the financing model is designed to mitigate investor’s loss. The current financial model is designed to mitigate the major studios’ losses, hence the recent departure of many of the top 25 banks from the film and television financing arena.
Deutsche Bank announced it was closing its film financing unit entirely. Sources said Deutsche had simply found it impossible to find buyers for the debt portion of the proposed financing vehicle. Many of the Hollywood Studios are not offering first lean position to the financial institutions making investors suspicious of exotic debt instruments. Deutsche Bank effectively shut down its film financing arm in lieu of gold-plated bonds. It has been reported many more banks will follow suit.
The easy way out is to blame credit conditions, but that is only a partial answer. The basic deal structure has to be revised substantially in favor of investors and less in favor of studios. If there had been no credit crunch, and if we had never heard of sub-prime mortgages, studios would be able to obtain money on the same terms as before.
The Kredit Banque finance model for the lending of film and television productions is first and foremost in favor of the investor. Kredit Banque mitigates loss and increases films profitability. Kredit Banque also places its own team of line producers in every film to calculate overages and keep productions on time and on budget. Kredit Banque also is the administrator of the funds and at no time does the production team have open and direct access to the funds. All payments are made as a direct payment order submitted by vendors that are prequalified. Kredit Banque also maximizes profitability by managing the film funds generating additional profits even before the film goes into production.
In future weeks Kredit Banque will announce a major acquisition currently in progress that will accelerate additional revenue for our investors and maximize films and television productions funded and managed by Kredit Banque.
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OTHERS DOWNSIZE, KREDIT BANQUE EXPANDS
July 7, 2008
ORANGE COUNTY CA. (AP)– Kredit Banque, a mid-sized entertainment lender, announced plans to expand into investment banking in Utah, California, New Mexico, Washington State and Nevada to tap what Kredit Banque considers a growing market. Many banks, financial institutions and hedge funds are seeking immediate relief to compensate for lack luster performances in the subprime and construction lending markets in which increasing loss of revenue has impacted the stability of these organizations. Lee Sills President of Kredit Banque plans to open 10 new branches by 2010 and would begin offering advisory services to corporate clients immediately. Kredit Banque is also in negotiations to open its first full-service overseas branch in Geneva Switzerland and a wealth management branch in Cannes France. With a reputation for vision, success, ambition and an overwhelming sense of commitment to excellence, Kredit Banque has earned a leading role in development of the entertainment lending market.
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MEDIACORE INVESTMENTS COMPLETES KREDIT BANQUE MERGER
August 16, 2007
ORANGE COUNTY CA. (AP)– Mediacore Investment Corporation announced today that it has completed the merger with Kredit Banque Corporation.
"We are excited about the opportunities presented as we join forces with one of the country’s premier financial institutions. The combination of Mediacore Investments and Kredit Banque greatly enhances our market presence, Mediacore’s product set and mix of businesses enables us to deliver a stronger value proposition for our clients" said Lee Sills, Mediacore’s chairman and chief executive officer. "For the past few months, key members from Mediacore Investments and Kredit Banque have worked together diligently to plan for the integration of our two companies. We are now totally focused on implementing the integration plan and delivering exceptional service and products to our clients."
"Today marks a momentous occasion when two great companies join to form an even greater, new company. We have tremendous confidence in the combined opportunity of Mediacore Investments and Kredit Banque it is a perfect capstone to our record of delivering outstanding performance." said Francis Bâby III Kredit Banque chairman and chief executive officer.
Kredit Banque is on track to become one of the largest diversified financial services companies in the U.S. with leading market shares in numerous high-growth markets, extensive product offerings and industry-leading customer service. Based on pro forma data, the combined company will set new records by the end of 2007.
Thank you for your interest in the latest Mediacore Investments and Kredit Banque merger information. Please check back on a regular basis as we continue to improve our products, services.
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KREDIT BANQUE CO FOUNDER RETIRES
August 10, 2007
Las Vegas, NV (AP) — In a surprise move, the maverick co founder John Giaimo of Kredit Banque, a Washington based commercial lending institution that is on target to became a market powerhouse, announced his retirement today.
Commenting on his resignation John said, "For over many years, I have been a crucial part of Kredit Banque and it has been a remarkable and exciting time of my life. Our clients have also played a major part in making my experience with Kredit Banque so enjoyable." He added, "I thank the employees for their cooperation and support and I look forward to Kredit Banque continued success. John plans to pursue other entrepreneurial opportunities as well as being very devoted to his local community. We wish him all the best with his future endeavors.
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