| Business Summary | | Interunion
Financial
Corporation
conducts
the
activities
of
a
merchant
bank
and
an
investment
bank.
Merchant
banking
activities
focus
on
restructuring
and/or
consolidating
as
principal,
in
order
to
capitalize
smaller
or
privately/family
held
companies
and
attract
institutional
interest.
The
Company
provides
bridge
financing
and
development
capital
as
part
of
its
investment
banking
activities.
Financing
can
be
provided
to
companies
outside
the
financial
service
sector
and
can
be
extended
for
a
period
of
up
to
five
years,
depending
on
the
complexity
of
the
undertaking.
Interunion
derives
independent
revenues
from
its
own
investment
banking
and
merchant
banking
activities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | IUFN
are
engaged
in
financial
services
with
activities
in
investment
banking,
securities
brokerage,
and
money
management.
For
the
three
months
ended
6/30/01,
revenues
totaled
$1
thousand,
down
from
$597
thousand.
Net
loss
from
continuing
operations
totaled
$470
thousand,
up
from
$52
thousand.
Revenues
reflect
the
sale
of
investment
banking
subsidiary
during
the
2nd
quarter
of
2001.
Net
loss
reflects
an
increase
in
equity
losses
of
unconsolidated
affiliates. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Robert Crosbie, 70 Chairman,
VP | -- | Georges Benarroch, 53 Pres,
CFO, Director | $13K | Martin Kovnats, 49 VP | 12K | T. Jack Gary, lll, 58 Sec. | -- | Dollar
amounts are as of 31-Mar-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|