Banking trends can free up funds for small businesses
Current financial trends, such as the expansion of large bank holding companies and the increased use of credit scoring for small business loans, should make it easier to securitize small business loans for the secondary market. This, in turn, could improve the flow of capital to entrepreneurs, according to the study An Exploration of a Secondary Market for Small Business Loans by Komerdi/Gardner Partners. In the secondary market, loans are pooled together and packaged as securities for sale to investors, a practice that makes more capital available by allowing lenders to remove existing loans from their balance sheets, freeing them to make new loans.
Experts urge minority men to control their health
U.S. health experts are urging African-American and Latino men to take more control of their own health by eating right and making regular visits to the doctor. The experts also called for heightened attention to health issues that primarily affect minority men, such as high blood pressure, diabetes and obesity. Figures from the Centers for Disease Control and Prevention show that African-American men are nearly twice as likely to die of prostate cancer than their white counterparts and die an average of five years earlier. Experts attribute the difference largely to disparate access to health insurance and basic health care, but they also cite cultural attitudes that prevent many minority men from seeking care early enough to head off many diseases before they become life-threatening.
African Americans Golfer's Digest
A golf lifestyle magazine targeting the nation's 1 million African-American golfers launched its first issue this spring. African American Golfer's Digest, with a circulation of 80,000, is published quarterly by New York City-based Event Planners Plus! It offers news, profiles, and a calendar of events around the country of interest to African-Americans, as well as tips on golf fashion, etiquette and how to improve your game. Publisher Debert Cook, CMP president of Event Planners, says the magazine is for seasoned and first-swing golfers alike.
Supreme Court allows state to catalog names of abortion patients
In a controversial Supreme Court ruling, health authorities in South Carolina won the green light to collect names, addresses and other information about women seeking abortions. Doctors say the power violates ethics codes designed to protect patient privacy endorsed by professional medical organizations. Doctors, hospitals and insurers normally share patient information among themselves, and police or other authorities may seek records in criminal investigations or public-health emergencies. South Carolina, however, wants abortion clinics to open all files, including patient medical records, if state investigators ask to see them. Supporters argue the new regulations will improve state oversight of abortion providers.