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Will Honeybourne, a First Reserve managing director in Houston who helped spearhead the deal--and beat out rival buyout shop Candover--notes that Abbot's rig-building and operating subsidiaries Bentec and KCA Deutag are particularly strong in Russia, West Africa, the Middle East and Libya.
FORBES: First Reserve Bets On Abbot
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Mr. ROGER COLE (Director, Federal Reserve's Division of Banking Supervision and Regulation): I will say that given what we know now, yes, we could have done more sooner.
NPR: Senate Panel Studies Subprime Loan Woes
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In addition, a member of the Federal Reserve Board serves as a director of NeighborWorks America, which encourages borrowers facing payment difficulties to seek help by contacting their lenders, services, or trusted counselors.
NPR: Transcript: Bernanke on Mortgages, Foreclosures