Questions? Call (925) 788-3928 Apply
 

CONNECT WITH US LinkedIn Facebook email
JC Financial, Mortgage Lender, Alamo, CA
 

Market News

Ferdinand Piech resigns, ending an era at Volkswagen

Piech, chairman of the board of German carmaker Volkswagen, carries his documents as he arrives at the 51th annual shareholders meeting in Hamburg.By Jan Schwartz and Georgina Prodhan HAMBURG/FRANKFURT (Reuters) - Ferdinand Piech, a towering figure at Volkswagen for more than two decades, resigned as its chairman on Saturday after losing a showdown he had provoked with Chief Executive Martin Winterkorn, ending an era at the iconic German carmaker. Piech, the 78-year-old grandson of the inventor of the Volkswagen Beetle Ferdinand Porsche, had previously seen off other executives who crossed him, including his own hand-picked successor as CEO, Bernd Pischetsrieder. "The members of the steering committee came to a consensus that, in the light of the past weeks, the mutual trust necessary for successful cooperation was no longer there," the six-member panel said in a statement after another meeting on Saturday. The steering committee was and is conscious of its responsibility to Volkswagen and its many thousand staff." Two sources with knowledge of the matter said Piech had resigned without forcing a vote of the committee at its second crisis gathering in 10 days.




Abercrombie & Fitch to ditch 'sexualized marketing': Washington Post

People walk by an Abercrombie & Fitch Co store in PasadenaRetail clothing chain Abercrombie & Fitch will end by July its "sexualized marketing," after years of blanketing its web sites, store windows and shopping bags with photos of half-naked men, according to the Washington Post. It will also stop using shirtless models or lifeguards at events and store openings for both the Abercrombie & Fitch and the Hollister brands, the newspaper reported late Friday, citing an announcement. Abercrombie & Fitch had come under fire in recent years for its strict dress code and sexualized marketing, and has been in a Supreme Court case for denying a Muslim woman a job because of her head scarf. The changes come as the company faces slumping sales, as teens increasingly move away from the brand, according to the Washington Post.








Google+

New Home Loans

房屋貸款

If you're like most people, purchasing a home  is probably one of the biggest investments you'll ever make in your lifetime and we'll be with you every step of the way

 

 

Refinancing

房屋轉按

If you are looking to refinance your ARM into a fixed rate or refinance and get cash out or get into a lower rate, we can help.

 

Which Loan

哪種房屋貸款類型?

We offer a variety of loan programs. Every borrower has different needs. After reviewing your situation, one of our experts will see what loans best fits your needs

 

Free Consultation

Complete the form below to register for Free Consultation. Please note that fields marked with an asterisk are required.

*
 
*
 
*
 
*
 
 
*
 
 
 
 
 

                                 CA DRE Lic# 01932402

                                 NMLS# 1062242