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He is reported to have provided interim financing that allowed the deals to go through.
It had requested, but the bank committee rejected, about $500 million a month in interim financing.
The bankers said it would take too long to negotiate the interim financing.
The company today was meeting with its bank creditors trying to arrange interim financing.
Luckily they were able to get some interim financing.
"Ben, what the hell's the story on our interim financing?
In the meantime, the judge will arrange interim financing.
"We thought we would be able to arrange interim financing to get through this period of time," he said.
The interim financing in the regions which is often still necessary should be avoided in future.
Prospect said the bank had extended its commitment to provide interim financing of $46 million for the $78.2 million offer.
In addition, the mortgage plus the interim financing cannot exceed 80 to 90 percent of the purchase price, depending on the lender.
The 45 day period included US$50M in interim financing from Superior.
A portion of the proceeds will be used to reduce short-term debt incurred to provide interim financing for the company's capital requirements.
Bankers are preparing to wire Mr. Trump $20 million in interim financing.
The Goldman group agreed to buy the company for $8 a share and to provide interim financing in a deal that is valued at about $440 million.
Nevertheless, several analysts said yesterday that Westinghouse might be able to raise interim financing, if it agreed to sell assets after a buyout.
However, anyone seeking such interim financing should be aware that the move must be revealed to the primary mortgage lender prior to closing.
"We do joint venture, equity, permanent financing, interim financing.
A bridge loan is interim financing for an individual or business until permanent or the next stage of financing can be obtained.
He said he had arranged interim financing for the ministry, which would have allowed it to continue operating while it reorganized.
"The interim financing that I had available has canceled out since yesterday," Mr. Falwell said.
(Yesterday, Brazil signed an interim financing accord that marks the first step in a plan to resume interest payments.)
Mr. DiNapoli urged the authority to help the county by providing interim financing from its budget surplus.
Including the fees for arranging last winter's interim financing, Drexel earned about $225 million and Merrill $60 million.
Creates the Nassau Interim Financing Authority to sell bonds on behalf of the county.