Nehemiah Corporation of America
Nehemiah Corporation of America is a non-profit organization based in Sacramento, California specializing in homeownership, affordable housing and community development. It started in 1994 as a small organization, but grew to prominence later in the 1990s after it developed a program that allowed home buyers to make down payments on their purchases using funds that were derived from the home sellers. This program, the Nehemiah Program, became popular and was widely emulated, giving birth to what came to be known as the seller-funded down-payment assistance industry. The industry attracted criticism from U.S. federal agencies (particularly the Government Accountability Office and the Internal Revenue Service) and was ultimately shut down in 2008 by a change in federal law.
Teddy (cigarette)
There was a tobacco war going on nearly 100 years ago, and it arrived Norway soon after the British-American Tobacco Co., (Norway) Ltd. was established in Oslo in 1905. It rapidly became a cruel war between the American tobacco trust (led by American Tobacco Company's James 'Buck' Duke) and the Norwegian manufacturers. In the United States president Theodore 'Teddy' Roosevelt was fighting the American trust/enterprise, and he soon became a kind of hero for the Norwegian manufacturers. In 1914 J. L. Tiedemanns Tobaksfabrik honored Roosevelt by launching a cigarette brand named Teddy. The trust war in Norway ended in November/December 1930 when BAT (Norway) was split between BATCO (45%), Tiedemann (45%), DnC (5%) - a bank, Andresens Bank (5%) - a bank owned by the Andresen family, the real owners of J. L. Tiedemanns Tobaksfabrik, when A/S Norsk-Engelsk Tobakkfabrikk (NETO) was established. In November 1933 NETO was completely in the hands of J. L. Tiedemanns.