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New Century Financial News

News on New Century Financial continually updated from thousands of sources around the net.

Thursday Jul 2 | Electric Energy Online

Company's Fifth Texas Wind Power Project

Denver, July 1, 2009 - NACEL Energy Corporation, a wind power company in business to generate clean, renewable energy, confirmed on July 1 it has entered into four long term wind development rights agreements covering 1025 acres in Donley County, Texas.

Comment?

Related Topix: Alternative Energy, Science / Technology, Wind Power, Renewable Energy (Green Energy), Energy, Financial Services

Thu Jun 18, 2009

Electric Energy Online

NACEL Energy Submits Interconnection Plan to Southwestern Public Service Company

Denver, June 18, 2009 - NACEL Energy Corporation, a wind power company in business to generate clean, renewable energy, confirmed it has filed an Application for Interconnection with Southwestern Public Service Company , a subsidiary of XCEL Energy, for the Company's 30 MW Blue Creek wind power project located in Moore County, Texas.

Comment?

Related Topix: Alternative Energy, Science / Technology, Wind Power, Renewable Energy (Green Energy), Energy, Financial Services

Fri Jun 12, 2009

Daily Business Review

Litigation Strategy

The courtroom is packed, but not just with the usual battalion of interested parties and boxes of accounting documents.

Comment?

Related Topix: Financial Services, Accounting, Los Angeles County, CA, Irvine, CA, Home, Mortgage

Sat Apr 25, 2009

Compliance Reporter

Trustee Sues KPMG Over New Century

The trustee overseeing the bankruptcy of New Century Financial filed a lawsuit against its auditor, KPMG, claiming that "reckless and grossly negligent audits" helped accelerate the firm's collapse.

Comment?

Related Topix: Financial Services

Mon Apr 06, 2009

NYSSCPA.org

KPMG Blamed For Subprime Audit Failure

Big Four firm KPMG is being sued over its audits of New Century Financial Corp. by the trustee overseeing the bankruptcy of the subprime lender, in one of the first examples of an auditor being blamed for the subprime mortgage crisis .

Comment?

Related Topix: Financial Services, Subprime Mortgage Crisis, Home, Mortgage, Accounting

Sat Apr 04, 2009

Tampa Bay Business Journal

Report: KPMG sued in New Century fallout

New Century Financial, an Irvine, Calif.-based subprime lender, employed as many as 177 workers in Tampa two years ago before filing for bankruptcy.

Comment?

Related Topix: Financial Services, Accounting, Irvine, CA

Thu Apr 02, 2009

CFO

Subprime Suit Accuses KPMG of Negligence

A trustee for New Century Financial claims KPMG partners ignored lower ranks' concerns about the lender's accounting for loan reserves.

Comment?

Related Topix: Financial Services, Accounting, Home, Mortgage, Irvine, CA

Wed Apr 01, 2009

International Business Times

KPMG hit with lawsuit over New Century collapse

Accounting giant KPMG was hit with a billion-dollar lawsuit on Wednesday over claims its "grossly negligent audits" helped trigger the collapse of a top subprime mortgage lender at the start of the U.S. housing crisis.

Comment?

Related Topix: Financial Services, Accounting, Home, Mortgage, Irvine, CA

Sat Mar 07, 2009

Customer Interaction Solutions

OTC Select Announces Weekend Micro-Cap Stock Watch

March 7, 2009 -- OTC Select tracks stocks daily and is pleased to offer its stock alerts.

Comment?

Related Topix: Financial Services, Financial Markets

Thu Mar 05, 2009

International Herald Tribune

The HSBC deal that gave legitimacy to subprime

There are times when a corporate takeover has importance far beyond the companies involved.

Comment?

Related Topix: HSBC Holding, Banking, Financial Services, Home, Mortgage, Personal Finance, Business News

Wed Mar 04, 2009

Korea Herald

[New Global Financial Order (3)]Temporary fluctuation or paradigm shift?

The following is the third in a series of articles analyzing the impact of the global financial crisis on the international currency market.

Comment?

Related Topix: Financial Services, Subprime Mortgage Crisis

Tue Feb 17, 2009

Fox News

OTC Select Announces Morning Daily Stock Watch

OTC Select tracks stocks daily and is pleased to offer its stock alerts. Investors can receive FREE Stock Alerts by visiting OTC Select at the following: http://www.otcselect.com. Today's early morning alerts ...

Comment?

Related Topix: Financial Services, World News, China, Asia, Computers, Science / Technology, Alternative Energy, Wind Power

Fri Feb 06, 2009

Electric Energy Online

[More]

NACEL Energy Corporation , a wind power company in business to generate clean, renewable energy, confirmed it has entered into two long term wind development rights agreements covering an aggregate of 636 ...

Comment?

Related Topix: Financial Services, Alternative Energy, Science / Technology, Wind Power, Renewable Energy (Green Energy), Energy

Wed Feb 04, 2009

The Clarendon Enterprise

Donley County's first wind farm could be online by the end of this...

Donley County's first wind farm could be online by the end of this year following the announcement of an agreement to develop an area along FM 2471.

Comment?

Related Topix: Donley County, TX, Financial Services, Hedley, TX, Alternative Energy, Science / Technology, Wind Power, Renewable Energy (Green Energy), Energy, Clarendon, TX

Mon Feb 02, 2009

M2.com

NACEL Energy Corporation (OTCBB: NCEN) is in the StockGuru Spotlight for Monday, February 2, 2009

StockGuru announces that NACEL Energy Corporation is in the StockGuru Spotlight.

Comment?

Related Topix: Financial Services, Alternative Energy, Science / Technology, Wind Power, Renewable Energy (Green Energy), Energy, Donley County, TX, Financial Markets

Mon Jan 19, 2009

The Telegraph

US stink over new auditors

New Delhi, Jan. 18: Deloitte Haskins & Sells and KPMG, the auditors nominated by the new Satyam board to restate the accounts, have been at the receiving end of fraud allegations in the US.

Comment?

Related Topix: Financial Services, Home, Mortgage

Sat Jan 10, 2009

The Orange County Register

New Century director sends reassuring e-mail

New Century Financial Corp. co-founder Edward F. Gotschall recently tried to reassure friends and family that his life was alright, despite troubles at his company.

Comment?

Related Topix: Financial Services, Irvine, CA, Criminal Defense Law, Law

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