First PMF Bancorp

First PMF Bancorp

  • 9701 W Pico Blvd 1st Fl
  • Los Angeles, California
  • 90035-3324

Description

Friday, July 16, 2010: With fingers crossed, authorities have reported that the oil leak which has spewed an estimated 184 million gallons of crude from the seabed in the Gulf of Mexico since late April of this year, has been capped. While this serves as a triumphant moment for the residents and locals of affected areas, it represents an altogether different challenge: the financial sector, which has taken quite a bit of negative publicity in the past few years, has found itself with an opportunity to present a message of restoration and repair. Stephen Perl, CEO of ChinaMart and PMF Bancorp, made a brief voyage to the coast, to assess the damage, and get a hands-on experience with what costs are being incurred, as a result of the disastrous oil drilling platform blowout.

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