Latest Posts
View the latest posts in an easy-to-read list format, with filtering options.
View the latest posts in an easy-to-read list format, with filtering options.
Multi-part posts on a particular topic, grouped together in "series" pages.
Look through our blog archive by year / month, or in a massive title list.
11/23/2024 - Russia’s hypersonic missile attack on Dnipro two days ago was originally reported to be from... Read More
11/22/2024 - Yesterday the new Prophetic Year began. It began later than usual. Normally, it begins within the... Read More
11/21/2024 - David was a man of war; Solomon was a man of peace. David was allowed to make preparations for the... Read More
Over 100 books covering a variety of topics
Short, single-page teachings on a topic
Single page teachings by various authors
Monthly newsletter containing ministry updates and long-term teachings
Audio recordings of teachings and discussions on a variety of biblical topics
Vlog recordings with Dr. Jones and video recordings of bible conferences.
Read over 100 books written by Dr. Jones, available to read for free online. Several of the books have also been translated into different languages, and are also available to read for free. The only time you pay is when you purchase a physical version of a book.
View Full Book ListRead a variety of tracts that condense a topic into a short, single page format. These tracts can be read for free online, or physical copies can be purchased in bundles. If you are subscribed to the FFI Newsletter, you will receive new tracts when they are released.
View Full Tract ListRead articles written by Dr. Stephen Jones and a variety of other authors.
View Full Article ListThe FFI Newsletter is a monthly newsletter written by Dr. Stephen Jones that gets posted online and mailed physically to newsletter subscribers. These include long-term teachings and ministry updates when available.
View Full FFI ListListen to audio recordings of teachings from Dr. Jones and discussions on a variety of biblical topics, available for free online.
View Full Audio ListWatch video recordings of conferences, as well as a variety of interviews and vlogs from Dr. Jones.
View Full Video ListFirst time here, and don't know where to start? No worries, we got you covered.
We have taken the five ministry gifts (Evangelists, Pastors, Teachers, Prophets, and Apostles) as an outline for the courses of Bible study in this School.
Our purpose is to equip those who are ministering with a knowledge of the Word, so that each will be more effective in fulfilling his or her calling.
Learn MoreHere is another bankruptcy in the commercial real estate sector, as the commercial real estate market collapses.
http://www.bloomberg.com/apps/news?pid=20601087&sid=a3Z4h4E8kNp8#
Capmark, with assets of $21 billion, used to be known as GMAC. (Companies love to change their names when the old name becomes tarnished. That way they get to get a brand new image without having to change their old business habits.)
According to the Bloomberg article above. . .
Capmark Financial Group Inc., the lender owned by companies including Goldman Sachs Group Inc. and KKR & Co., filed for bankruptcy protection after posting a second-quarter loss of about $1.6 billion.
Goldman Sachs is taking a hit on this bankruptcy.
Capmark and its units owe $7.1 billion to the 30 largest creditors without collateral backing their claims, according to court documents.
The three biggest are Citibank NA, as administrative agent under the $5.5 billion credit agreement, with a claim of $4.6 billion; Deutsche Bank Trust Co. Americas, as trustee for the 5.875 percent senior notes and the floating senior notes due 2010, with claims of $1.2 billion and $637.5 million, respectively; and Wilmington Trust FSB, as successor trustee for the 6.3 percent senior notes due 2017, with a claim of $500 million, according to court papers.
Citibank is taking a hit on this bankruptcy, because they are a major creditor that won't get paid back on its loan of $4.6 billion.
Andrea Raphael, a spokeswoman for Goldman Sachs, declined to comment on the status of her firm’s investment in Capmark.
KKR already wrote off its loans back in March, the article says, when they recognized that their loan was already worthless. That tells me that KKR already knew Capmark was going bankrupt last March. It often takes many months for official bankruptcy filings to take place. They call it a "train wreck in slow motion."
Losses from commercial real-estate lending pose the biggest threat to U.S. banks as the loans deteriorate, leaders of Federal Deposit Insurance Corp., the Office of the Comptroller of the Currency and Office of Thrift Supervision told the Senate Banking Committee earlier this month.
Many economists wrote a year ago or more that the next collapse would be in commercial real estate. It looks like this is finally starting to hit the surface.
Dr. Stephen Jones has been writing blog posts since 2005 on a variety of topics from Bible Studies to World News, and he has been writing books since 1992. Dr. Jones' most important writings came after God brought him back into the full-time ministry in 1991. It is here that all his earlier years of searching the Scriptures began to come into clear focus. He combines a knowledge of the Old and New Testaments with a personal revelation of God that began and developed during the "wilderness" period of his life, which he often refers to as God's True Bible College... Read More
Subscribe via email or RSS feed to stay up to date on the latest posts. You can unsubscribe anytime.
There is a lot of content on this site, and that can be overwhelming, so we've written up a guide to help get you started!
Start HereIf you want to receive updates from us, signup below.
We are only able to do what we do because of your support. If you feel led to support this ministry, we deeply appreciate it