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September 14th, 2009

Coffey’s Career in the Legal Field

Posted by admin in Content Is King

Currently serving as a founding partner at Miami, Florida-based Coffey Burlington LLP is the former US attorney Kendall Coffey. His vast knowledge in the field has brought him to participate in a number of high profile court cases such as Miami’s historic voter fraud trial, the Elian Gonzalez trial, as well as the 2000 Presidential recount litigation. As a legal analyst, Kendall Coffey was able to make appearances on prestigious TV networks including FOX, CNBC, CNN, and MSNBC.

Prior to entering in the Coffey Burlington partnership, Kendall Coffey was a partner at Coffey & Wright. He had served as a US attorney for the Southern District of Florida. His expertise and knowledge in law was nurtured at the University of Florida, where he had graduated.

Previously, Kendall Coffey had also provided commentaries and analyses on a number of high profile court cases and was quoted in several publications regarding current events in Miami and around the United States. He has commented on certain issues such as money laundering charges as well as primary election lawsuits in Florida.

In addition to those, Coffey was also able to share his knowledge and concerns regarding a few other issues on interviews. He covers various topics such as the Liberty City 6 trial, Megan Meier’s MySpace Suicide, Saddam Hussein’s trial, as well as the sunken treasure found in the coast of Spain.

January 30th, 2009

Bank of America Inherits Housing Loan Problems

Posted by admin in Commercial Stuff, Content Is King, Shoppers Advice

Buyout affairs are risky; some will turn out as good deals. Others won’t. And some will be plain bad buys from the start. That is simply the case of Bank of America’s acquisition of LaSalle Bank, which was done on October 1st last year. Yes, Bank of America acquired the bank’s assets, but with it came LaSalle’s problems, including delinquencies and bad loans.

Most of the delinquent accounts come from home construction loans, and these delinquent loans ballooned up to $336.7 million from $149.2 million last year. But despite this fact, Bank of America stated that the LaSalle buyout was meeting their expectation in terms of financial returns.

Most people, upon hearing such statement, would generally dismiss it as a bogus attempt to assure the public that everything is running smoothly in the country’s largest financial institution. Maybe it is, maybe it isn’t. But whatever the case, this should be enlightening for Bank of America, or any financial institution for that matter, to realize the gravity of the risks involved in buying out corporate entities.

Buying out other corporate entities or merging with them is, from a business perspective, a sound strategy. However, most, if not all deals involve risks and these should be contemplated upon before a company plunges into one.

Check out the Forbes profile on Courtney Ross.

Courtney Ross is the founder of the Ross School.

Learn more about Courtney Ross on the History of Corporate site.