Blackstreet

BGS3 and Program 3648
Program 3648 is BGS3's nationwide campaign to certify qualified real estate professionals to assist homeowners facing a potential foreclosure. Program 3648 was announced on January 29, 2008 by Chief Administer John W. Davis, stating, "President Bush has provided a much needed solution to the national foreclosure problem in signing H.R. 3648 -- The Mortgage Forgiveness Debt Relief Act of 2007, but the sub-prime mortgage problem continues to affect most markets nationwide."

Recall Highlights Liability Questions (Washington Post)
When Blackstreet Capital Management affiliate SFCA purchased the assets of Simplicity for Children, a leading manufacturer of children's furniture, in April, it structured the deal so it would not assume responsibility for products already on the market.

Company sale snarls recall effort (Seattle Times)
Simplicity, a well-known maker of children's products, was already in serious financial straits when 4-month-old Katelyn Marie Simon, of...

Blackstreet Capital Affiliate Sells Houston Harvest (Business Wire via Yahoo! Finance)
BETHESDA, Md.----Blackstreet Capital Partners today announced the sale of Houston Harvest, Inc. and Gift Products, Inc. to Signature Brands, LLC. HHI/GPI, based in Franklin Park, Illinois, is the leading supplier of seasonal food gifts and popcorn tins to mass retailers like Wal-Mart, Target and Kmart.

Safety panel offers warning about danger with bassinets (The Morning Call)
The U.S. Consumer Product Safety Commission is urging parents and caregivers to stop using bassinets made by a Reading company after two babies strangled on its metal bars.

Bassinet Sales Halted After Deaths of Two Infants (Washington Post)
In the first test of its powers under a sweeping product-safety law, the Consumer Product Safety Commission yesterday directed retailers to pull bassinets linked to the deaths of two infants off store shelves and give customers a refund.

2 Deaths Spur Simplicity Bassinet Alert (WebMD)
Certain Simplicity bassinets shouldn't be used, according to Consumer Product Safety Commission alert.

Simplicity bassinets recalled after 2 infant deaths (Market Watch)
Following the deaths of two infants, six retailers agree to stop selling Simplicity Inc. bassinets, and recall the products, the U.S. Consumer Product Safety Commission says.

Commission urges recall of Reading company's bassinet (The Morning Call)
The U.S. Consumer Product Safety Commission is urging parents and caregivers to stop using a bassinet made by a Reading company after two babies strangled themselves on its metal bars.

Simplicity bassinets recalled after 2 infant deaths (MENAFN)
Simplicity bassinets recalled after 2 infant deaths

2 deaths prompt CPSC warning against bassinet (Newsday)
A federal safety agency warned parents Thursday against using the most popular bassinets in the country after two babies were trapped and strangled to death in the product.