www.monitordaily.com/story_page.asp?News_id=22759&type= -
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Published on: 1/19/2009
Last Visited: 1/20/2009
Baltimore-based Madison Capital announced that Donald Blody has joined the company.
Blody has over 30 years of commercial finance experience in lending, new business development, and operational functions.
Blody previously spent nearly a decade at Barclays Bank of New York where his most senior role was that of vice president in the senior loan officer's department in New York.
In that post, he held a $1 million unsecured single-signature credit authority.
From 1993 to 2001, Blody was affiliated with Tilden Financial, a division of GE Capital, where he was promoted to senior vice president and senior risk manager with credit authority of $1 million.
At Tilden, he was responsible for a staff of 30 and a $500 million portfolio of structured middle-market credits.
From 2001 to 2003, he served as vice president of syndication at Sovereign Bank, where he was responsible for structuring and closing more than $80 million of partial-recourse portfolios.
In 2003, he accepted an offer to join Butler Capital to provide additional capacity and experience required by their increasing flow of new business.
While at GE Capital, Blody structured and oversaw Butler Capital's partial-recourse credit line, thereby becoming familiar with Butler's markets, credit processes, and philosophy.