Intrepid Private Capital Group Financial News Blog

Intrepid Private Capital Group

Fantasy Sports Startup FanDuel Raises $70 Million

Fantasy Sports Startup FanDuel Raises $70 Million The Web-based fantasy sports startup, FanDuel, announced last month that it had raised more than $70 million in investor funding, reaffirming the growing trend of fantasy sports leagues. According to the company’s CEO Nigel Eccles, some 41 million people throughout the world participate in fantasy sports. FanDuel’s latest…

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Banks Are Lending Less

Why Banks Are Lending Less

It’s been six years since the financial crisis of 2008, yet banks are still reluctant to lend money. To put the problem into perspective, U.S. business loans of $1 million or less have declined by 13% from 2007 to 2011, and the total amount loaned declined by 19% (inflation taken into account). Banks make their money…

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Event hosted by the publishers of Diplomatic Connections Magazine

On September 18th, two of Intrepid Executive Group’s Partners took advantage of a beautiful event hosted by the publishers of Diplomatic Connections Magazine – a publication dedicated to the confluence of diplomacy and business. The Partners took advantage of the reception – held at the prestigious Fairmont Hotel in Washington, D.C. – to enjoy informal…

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Intrepid Executive Group participates in Maryland Hispanic Business Conference

The Intrepid Executive Group participated as a sponsor in its fifth consecutive Maryland Hispanic Business Conference on September 2nd.   The conference more than over 100 Sponsors and Vendors and is attended by hundreds of entrepreneurs.   Intrepid was approached by more than 200 Hispanic businesspeople, requesting access to our private sources of funding to raise capital…

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New FICO Changes May Boost Your Credit Score

Millions of Americans may notice a slight boost in their credit score thanks to a new credit scoring system. The Fair Isaac Corporation, creator of the FICO credit score, announced a new scoring system last month that will largely benefit consumers as a whole. FICO Score 9 Dubbed the FICO Score 9, the new system…

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So here it comes Mr. and Ms. Entrepreneur!

The end of QE – time to head to the bank for that investment capital you need. Right? Read on! Why Is Fed Considering Paying Banks Not To Lend To Main Street By MIKE COSGROVE Posted 07/18/2014 06:37 PM ET The Federal Reserve created a monster $4.3 trillion balance sheet, up by $3 trillion from…

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Intrepid executive Group Attend the U.S. Africa Summit

Washington, D.C. – August 2014   The CEO of Intrepid Executive Group, LLC – a Maryland Limited Liability Company and – was invited by Tanzanian Embassy dignitaries to attend the historic U.S.-Africa Summit in Washington, D.C. today. Washington’s Corporate Council on Africa hosted the forum featuring many African Heads of State, who spoke to the…

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TAXING RICH WON’T END INEQUALITY – BUT IT WILL MAKE US ALL POORER CLICK on this must read article! The misunderstandings on this subject are absolutely legion!

W. MICHAEL COX  AND RICHARD ALM Thomas Piketty’s “Capital in the 21st Century” fell as manna from heaven for the ideologues who fret about income inequality in the United States. The rock-star French economist proposes taxes of up to 80% on income and wealth — not, he acknowledges, to raise revenue and benefit the poor…

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Read and Remember! Fifty years ago — on July 2, 1964 — President Johnson signed into law the Civil Rights Act, described by one author as “the most important legislation passed in 20th century America.” Many Americans take justifiable pride in the last 50 years of progress in support of the principle of racial equality….

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So many see the raising of the minimum wage as a panacea. You may wish to read how it will affect Seattle. A waitress at the icon Grill in Seattle carries food to a table as she works during lunchtime. — AP Jobs: Seattle’s city council passed a law Monday boosting the minimum wage to $15…

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Don’t Assume Nonprofits Aren’t Making Big Money

“Astute followers of the on-profit industry (as well as those who follow this page on our website) are not surprised at all by this News piece. Many – if not most – non-profits are quite profitable, while employing many artful methods of avoiding reporting so.”   If you’re not willing to clean up a nonprofit,…

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U.S. Chamber Of Commerce Takes A Dangerous Position

“The true price of “cheap labor” via immigration “reform” may, ultimately, be far higher than originally envisioned. Let’s call it what it is: Amnesty – and the cost to the U.S. tax payers of more than $6 trillion to assimilate more than 11 million illegals should be too ridiculous to consider. Ah, but all one…

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