-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HdVLEuVCqdpMBZ3eVn+9V8YHzm/wxltH8FtsqmxHB+YRpz+DrE+UW3ixbijrcmi2 U6Z5fWa+L5HU715yhQ+UUw== 0001144204-10-008447.txt : 20100217 0001144204-10-008447.hdr.sgml : 20100217 20100216175131 ACCESSION NUMBER: 0001144204-10-008447 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100217 DATE AS OF CHANGE: 20100216 GROUP MEMBERS: JORGE CONSTANTINO GROUP MEMBERS: PANAYOTIS CONSTANTINO SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BFC FINANCIAL CORP CENTRAL INDEX KEY: 0000315858 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 592022148 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-35417 FILM NUMBER: 10610265 BUSINESS ADDRESS: STREET 1: 2100 WEST CYPRESS CREEK ROAD CITY: FORT LAUDERDALE STATE: FL ZIP: 33309 BUSINESS PHONE: 9549404900 MAIL ADDRESS: STREET 1: P.O. BOX 5403 CITY: FORT LAUDERDALE STATE: FL ZIP: 33310-5403 FORMER COMPANY: FORMER CONFORMED NAME: BANKATLANTIC FINANCIAL CORP DATE OF NAME CHANGE: 19920316 FORMER COMPANY: FORMER CONFORMED NAME: IRE FINANCIAL CORP DATE OF NAME CHANGE: 19880401 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GREEK INVESTMENTS INC CENTRAL INDEX KEY: 0001458763 IRS NUMBER: 000000000 STATE OF INCORPORATION: W7 FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PO BOX 10908 STREET 2: CAPARRA HTS STATION CITY: SAN JUAN STATE: PR ZIP: 00922 BUSINESS PHONE: 305 672 5005 MAIL ADDRESS: STREET 1: PO BOX 10908 STREET 2: CAPARRA HTS STATION CITY: SAN JUAN STATE: PR ZIP: 00922 SC 13G/A 1 v174734_sc13ga.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

AMENDED
SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Initial Filing)

BFC Financial Corporation
(Name of Issuer)

Common Stock, $.01 Par Value
(Title of Class of Securities)

055384200
(CUSIP Number)

February 15, 2010
(Date of Event Which Requires Filing of This Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o         Rule 13d-1(b)
x         Rule 13d-1(c)
o         Rule 13d-1(d)
 
Page 1 of 9
 
CUSIP No.  055384200
 
1
NAMES OF REPORTING PERSONS                                          Greek Investments, Inc.                                          
   
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS          Not Applicable                                                          
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 (a) o 
  
(b) o 
   
3
SEC USE ONLY                                                                                                                                                          
   
4
CITIZENSHIP OR PLACE OF ORGANIZATION                                Turks & Caicos Islands                                
 
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER                                 0                                                                     
   
6
SHARED VOTING POWER 5,151,713                                                                                 
   
7
SOLE DISPOSITIVE POWER                       0                                                                        
   
8
SHARED DISPOSITIVE POWER 5,151,713                                                                          
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,151,713                    
   
10
CHECK IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES                                      
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9           5.73%1                                                  
   
12
TYPE OF REPORTING PERSON (See Instructions)                                          CO                                                   
 
1
Calculated on the basis of 89,900,305 shares of the Issuer’s Common Stock issued and outstanding, comprising of 83,046,054 Class A Common shares and 6,854,251 Class B Common shares issued and outstanding as of November 9, 2009.
 
Page 2 of 9
 
CUSIP No.  055384200
 
1
NAMES OF REPORTING PERSONS                                                    Jorge Constantino                                       
   
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS          Not Applicable                                                          
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 (a) o 
  
(b) o 
   
3
SEC USE ONLY                                                                                                                                                          
   
4
CITIZENSHIP OR PLACE OF ORGANIZATION                                 Venezuela                                                       
 
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER                                0                                                                       
   
6
SHARED VOTING POWER 5,151,713                                                                                 
   
7
SOLE DISPOSITIVE POWER                       0                                                                        
   
8
SHARED DISPOSITIVE POWER 5,151,713                                                                          
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,151,713                    
   
10
CHECK IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES                                      
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9           5.73%1                                                  
   
12
TYPE OF REPORTING PERSON (See Instructions)                                          IN                                                   
 
1
Calculated on the basis of 89,900,305 shares of the Issuer’s Common Stock issued and outstanding, comprising of 83,046,054 Class A Common shares and 6,854,251 Class B Common shares issued and outstanding as of November 9, 2009.
 
Page 3 of 9
 
CUSIP No.  055384200
 
1
NAMES OF REPORTING PERSONS                                                      Panayotis Constantino                              
   
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS          Not Applicable                                                          
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 (a) o 
  
(b) o 
   
3
SEC USE ONLY                                                                                                                                                          
   
4
CITIZENSHIP OR PLACE OF ORGANIZATION                                 Venezuela                                                       
 
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER                                0                                                                       
   
6
SHARED VOTING POWER 5,151,713                                                                                 
   
7
SOLE DISPOSITIVE POWER                       0                                                                        
   
8
SHARED DISPOSITIVE POWER 5,151,713                                                                          
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,151,713                    
   
10
CHECK IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES                                      
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9           5.73%1                                                  
   
12
TYPE OF REPORTING PERSON (See Instructions)                                          IN                                                   
 
1
Calculated on the basis of 89,900,305 shares of the Issuer’s Common Stock issued and outstanding, comprising of 83,046,054 Class A Common shares and 6,854,251 Class B Common shares issued and outstanding as of November 9, 2009.
 
Page 4 of 9
 
Item 1(a).
Name of Issuer:

BFC Financial Corporation
 
Item 1(b).
Address of Issuer’s Principal Executive Offices:

2100 West Cypress Creek Road
Fort Lauderdale, FL 33309

Item 2(a).
Names of Persons Filing:

Greek Investments, Inc; Jorge Constantino; Panayotis Constantino

Item 2(b).
Addresses of Principal Business Offices or, if none, Residences:

The physical address of Greek Investments, Inc. is Harbour House Queen Street,Grand Turk, Turks and Caicos Islands; the mailing address is P.O. Box 10908,Caparra Heights Station, San Juan, Puerto Rico 00922-0908. The address of each of Jorge Constantino and Panayotis Constantino is Zalokosta 14, Paleo Psihiko, Athens 15452, Greece.

Item 2(c).
Citizenship:

Reference is made to Item 4 of each of the cover pages to this Schedule 13G, which Items are incorporated by reference herein.

Item 2(d).
Title of Class of Securities:

Common Stock, $.01 Par Value

Item 2(e).
CUSIP Number:

055384200

Item 3.
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

None apply.

Item 4.
Ownership:

 
Reference is made to Items 5 – 9 and 11 of each of the cover pages to this Schedule 13G, which Items are incorporated by reference herein.  Greek Investments, Inc. (“Greek”) is the registered owner of the securities reflected in this Schedule 13G (the “Securities”).  Each of, Jorge Constantino and Panayotis Constantino are Greek citizens and are jointly filing this Schedule 13G with Greek because each of them are directors, officers, agents or otherwise of Greek, and/or might be deemed, individually or in the aggregate, directly or indirectly, to beneficially own all of the securities of Greek, and therefore it is possible that they might be deemed to share the power to direct the voting and disposition of the Securities.
 
Page 5 of 9
 
Item 5.
Ownership of Five Percent or Less of a Class:

Not applicable.

Item 6.
Ownership of More than Five Percent on Behalf of Another Person:

Not applicable.

Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company:

Not applicable.

Item 8.
Identification and Classification of Members of the Group:

Not applicable.

Item 9.
Notice of Dissolution of Group:

Not applicable.

Item 10.
Certification:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
 
Page 6 of 9
 

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
Dated:  February  ____, 2010
 
GREEK INVESTMENTS, INC.
 
By:
   
  
Name:
   
  
Title:
   
  
   
   
  
JORGE CONSTANTINO
  
   
   
  
PANAYOTIS CONSTANTINO
  
 
 
Page 7 of 9
 

Exhibit Index

Exhibit A               Joint Filing Undertaking

 
Page 8 of 9
 

EXHIBIT A
JOINT FILING UNDERTAKING

The undersigned, being authorized thereunto, hereby execute this agreement as an exhibit to this Schedule 13G to evidence the agreement of the below-named parties, in accordance with rules promulgated pursuant to the Securities Exchange Act of 1934, to file this Schedule, as it may be amended, jointly on behalf of such parties.

Dated:  February ____, 2010
 
GREEK INVESTMENTS, INC.
 
By:
   
  
Name:
   
  
Title:
   
  
   
   
  
JORGE CONSTANTINO
  
   
   
  
PANAYOTIS CONSTANTINO
  
 
 
Page 9 of 9
 
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