JC Flowers known for rescuing stricken firms

Northern Rock’s potential rescuer has a strong record of snapping up stricken companies and nursing them back to health, often for big rewards.

JC Flowers known for rescuing stricken firms
Tue, 20 Nov, 2007 - 14:09

Northern Rock’s potential rescuer has a strong record of snapping up stricken companies and nursing them back to health, often for big rewards.

US firm JC Flowers is a specialist in buying financial institutions in trouble and, while little known in the UK, the private equity firm has established a fearsome reputation as a dealmaker in America.

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CourtsBusinessHeathrowPlace: USPlace: UKPlace: AmericaPlace: New YorkPlace: EuropePlace: IcelandPlace: LondonPlace: Northern RockPerson: JC FlowersPerson: Chris FlowersPerson: Ravi SinhaPerson: Adam ApplegarthPerson: Paul MynersPerson: MynersPerson: SirPerson: Philip GreenPerson: Richard PymOrganisation: Northern RockOrganisation: JC FlowersOrganisation: Goldman SachsOrganisation: HarvardOrganisation: Long Term Credit BankOrganisation: Shinsei BankOrganisation: NIBCOrganisation: KaupthingOrganisation: Friends ProvidentOrganisation: FPKOrganisation: Marks & SpencerOrganisation: Alliance & Leicester
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