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Alternative Lenders Crack L.A. Market Amid Credit Crunch

In some cases, it has been hedge funds that are providing the financing, in others it has been private equity firms or players such as St. Cloud, which has a business model based on both debt and equity financing.

Scott Kolbrenner, a director at Houlihan Lokey Howard & Zukin, a Los Angeles-based investment bank, said that while tightening credit requirements are putting the squeeze on L.A. companies, there are more alternative options available than after the dot-com crash.

(We) believe that 2008 will be a very strong year for growth through mergers and acquisitions, but getting the deals done will require more creative financial structuring, he said.

Seeking flexibility

In the case of Cal Coast, the company could have qualified for a bank loan, but the tightening credit markets made the application process onerous.


Ritchie finishes final scene

It all becomes very clear as the story continues," she said. "We will revisit a lot of the history, in particular mine. "Knowing I'm leaving and that Sally's days are numbered on the show, it has been nice to tidy up a few things." Next year, Ritchie embarks on a new adventure, joining FM station Nova 96.9's breakfast crew with Merrick and Rosso .


Gazans Form Human Chain Along Israeli Border In Protest at Blockade

It's BS and the carnage will continue until we Jews face this fact.

We Jews have proven, through the blind support of Israel, that we are no better or worse than the Nazis, not one iota. We have completely lost any sense of fairness and empathy for a displaced people who were brutally removed from their land to pave the way for a Jewish state, based on what? A book, Oil and political interests of the US, the fact we were persecuted by someone else? Wake up Jewry, because we are all one and thus, the more we persecute, the more the persecution falls against ourselves.

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'Busycle' short of peoplepower for Saturday

The "Busycle" that occasionally lumbers around Palo Alto streets may not be able to get to the "City Ride" bicycling event at Mitchell Park Saturday morning because it's coming up short on pedal pushers, according to its owner, Martin Krieg.

Krieg, who also rides a hi-wheeler "pennyfarthing" bicycle around town, created the Busycle, which uses peoplepower instead of horsepower to get around to special events.

The problem Saturday is that most pedalers in town will be riding their own bikes to a Saturday-morning "City Ride" celebration of pedal-power transportation at Mitchell Park. The Buscycle is in Krieg's garage at 3329 Ramona St., just short of a mile from the park.

The City Ride is part of the buildup to the Tour of California bike race that will kick off Sunday in a sprint from downtown Palo Alto to Stanford University.


GreenToppers initiates Big Red’s Bikes at WKU

Western Kentucky University's Big Red checks out a bicycle Tuesday while Sara Ferguson (center) president of the GreenToppers, talks about Big Red's Bikes, a bike loan program, at the International Student Center. Also there were WKU President Gary Ransdell (left) and his wife, Julie. .


Sellers of ch...ch...chia tap growing heart-health market

Most importantly, the seeds are high in one of the omega-3 fatty acids known to help prevent heart disease. The seeds are higher in omega-3 than any other plant source, including flaxseed, which many people sprinkle on food for its health benefits. .


Who's Blogging

He has squandered billions of dollars in a war that I believe should never have been authorized and should have never been waged.

(APPLAUSE)

We have not made the investments that are needed in our school system. You travel around South Carolina along the corridor of shame, and you've got children who are going to schools that were built in the 1800s. And they are not able to compete in an international economy. So it is absolutely critical right now to give a stimulus to the economy. And Senator Clinton mentioned tax rebates. That wasn't the original focus of her plan. I think recently she has caught up with what I had originally said, which is we've got to get taxes into the -- tax cuts into the pockets of hard-working Americans right away.


Women's Basketball | Maryland outlasts Florida St.

Toliver made a three-pointer and Crystal Langhorne added a layup to put Maryland up 83-81.

Mara Freshour led Florida State (16-11, 6-6) with 23 points.

Other Top 10 games

At No. 3 Tennessee 72, Mississippi St. 46

Candace Parker scored 19 points and set a Tennessee record for blocks as the Vols (25-2, 11-1 Southeastern) beat the Bulldogs (16-12, 4-9).

Parker blocked five shots to set a Tennessee career record with 247, surpassing Shelia Frost's 246.

At No. 10 Old Dominion 66, Drexel 51

Tiffany Green scored 12 points to help the Monarchs (24-3, 15-0 Colonial) defeat Drexel (15-11, 10-5).

Old Dominion has won 18 in a row.

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