Vice President Mike Pence has undertaken extensive personal outreach to donors, fueling speculation that he is preparing for his own political future.
direct corporate finance private investors LLC
NYS Entity Status
NYS Filing Date
OCTOBER 03, 2014
NYS DOS ID#
NYS Entity Type
FOREIGN LIMITED LIABILITY COMPANY RESERVATION
2014 - DIRECT CORPORATE FINANCE PRIVATE INVESTORS LLC
AROUND THE WEB
- At Private Dinners, Pence Quietly Courts Big Donors and Corporate Executives
By KENNETH P. VOGEL - Sunday Jul 9, 2017
- As paperwork vanishes, private student debts may be wiped away
By Stacy Cowley and Jessica Silver-Greenberg - Wednesday Jul 19, 2017
Tens of thousands of people who took out private loans to pay for college but have not been able to keep up payments may get their debts wiped away because critical paperwork is missing.The troubled loans, which total at least $5 billion, are at the center of a protracted legal dispute between the student borrowers and a group of creditors who have aggressively pursued them in court after they fell behind on payments.Some of the problems playing out in the $108 billion private student loan market are reminiscent of those that arose from the subprime mortgage crisis a decade ago, when billions of dollars in subprime mortgage loans were ruled uncollectable by courts because of missing or fake documentation.[...] like those troubled mortgages, private student loans — which come with higher interest rates and fewer consumer protections than federal loans — are often targeted at the most vulnerable borrowers, like those attending for-profit schools.National Collegiate’s lawyers warned in a recent legal filing: “As news of the servicing issues and the trusts’ inability to produce the documents needed to foreclose on loans spreads, the likelihood of more defaults rises.”[...] as the debt passed through many hands before landing in National Collegiate’s trusts, critical paperwork documenting the loans’ ownership disappeared, according to documents that have surfaced in a little-noticed legal battle involving the trusts in state and federal courts in Delaware and Pennsylvania.Robyn Smith, a lawyer with the National Consumer Law Center, a nonprofit advocacy group, has seen shoddy and inaccurate paperwork in dozens of cases involving private student loans from a variety of lenders and debt buyers, which she detailed in a 2014 report.“We don’t want National Collegiate to be the poster boy of bad practices in student loan collections, but we have no ability to affect it except through this litigation,” he said, referring to a lawsuit he initiated last year against the trusts’ loan servicer in Delaware’s Chancery Court, a popular battleground for corporate legal fights.Like those who took on subprime mortgages, many people with private student loans end up shouldering debt that they never earn enough to repay.Borrowing to finance higher education is an economic decision that often pays off, but federal student loans — a much larger market, totaling $1.3 trillion — are directly funded by the government and come with consumer protections like income-based repayment options.Private loans lack that flexibility, and they often carry interest rates that can reach double digits.Because of those steep rates, the size of the loans can quickly balloon, leaving borrowers to pay hundreds and, in some cases, thousands of dollars each month.
- Is Zuckerberg Exploring a Presidential Run through His FrankenLLC?
By Ruth McCambridge - Friday Aug 4, 2017
As time moves on, the Chan Zuckerberg Initiative LLC has started to look more political than philanthropic.
- Index Funds Are Great for Investors, Risky for Corporate Governance
Friday Jun 23, 2017
One solution is to abstain from voting, leaving decisions to those with an incentive to be informed.
- Toyota’s First Venture Arm Gets $100M for AI, Robotics, Mobility Startups
By Bernadette Tansey - Tuesday Jul 11, 2017
Toyota Research Institute, the Toyota R&D unit that has parked branches near Stanford and two other top U.S. research universities, is now spinning out a corporate venture capital arm that will finance and incubate startups in artificial intelligence, robotics, and autonomous mobility. The research institute, also known as TRI, is devoting at least $100 million […]
- Trump teams pushing deregulation have deep ties to industry
By Danielle Ivory and Robert Faturechi - Tuesday Jul 11, 2017
WASHINGTON — President Trump entered office pledging to cut red tape, and within weeks, he ordered his administration to assemble teams to aggressively scale back government regulations.[...] the effort — a signature theme in Trump’s populist campaign for the White House — is being conducted in large part out of public view and often by political appointees with deep industry ties and potential conflicts.The appointees include lawyers who have represented businesses in cases against government regulators, staff members of political dark money groups, employees of industry-funded organizations opposed to environmental rules and at least three people who were registered to lobby the agencies they now work for.At the Education Department alone, two members of the deregulation team were most recently employed by pro-charter advocacy groups or operators, and one appointee was an executive handling regulatory issues at a for-profit college operator.The Environmental Protection Agency also rejected requests to release the appointment calendar of the official leading its team — a former top executive for an industry-funded political group — even as she met privately with industry representatives.The Republican association’s work has been criticized as a vehicle for corporate donors to gain the credibility and expertise of state attorneys general in fighting federal regulations.Among them are EPA rules relating to clean-water protections and restrictions on greenhouse gas emissions.At the Energy Department, a member of the deregulation team is Brian McCormack, who formerly handled political and external affairs for Edison Electric Institute, a trade association representing investor-owned electrical utilities.Utility companies lose money when customers generate their own power, even more so when they are required to pay consumers who send surplus energy back into the grid.Though the Energy Department does not directly regulate electrical utilities, it does help oversee international electricity trade, the promotion of renewable energy and the security of domestic energy production.Clean-energy advocates fear the inquiry will cast solar energy, which can fluctuate, as a threat to grid reliability.[...] a finding could scare off state public utility commissions considering solar policies and serve as a boon for electrical utilities, said Matt Kasper, research director at the Energy and Policy Institute, an environmental group.