Global Banking Crisis In The Making

In the past, i would never have believed the possibility of Citibank encountering severe financial crisis let alone on the brink of bankruptcy ... the Great Depression is hurting banks worldwide. Deutsche Bank AG, Germany’s biggest banks, reported a loss of about 4.8 billion euros as it increased provisions for bad debt. Citigroup is selling its best [more...]

Date: 2009-01-14 16:09:00

Blog posts (4) | Videos (1)
 

Teach Your Children Not to Bet Against Apollo Group

The numbers the posted last week were impressive indeed, and the internal/organic cash flow generation is a thing of beauty, as noted by ThinkEquity: ... leases. Bad debt expense remained subdued, dropping to only 3.6% of sales during 1Q09 from 4.2 ... . We expect bad debt expenses to remain below 4% of revenue during FY09. * Selling and Promotional [more...]

Date: 2009-01-12 20:01:48

Auto Execs Starting to Get It?

Bad PR works wonders, apparently. Just two weeks after incurring public wrath for flying private jets to Washington in order to beg for bailout ... the company's heavy debt load and consolidate or sell at least one of its eight automotive brands [more...]

Date: 2008-12-02 22:55:24

Some Good News Peaking Through?

I've noticed a few piece of good news starting to peak through, though still a lot of bad news out there ... , piecing together the story from old news clippings. It provides a reader with news in chronological order ... raised $152.6 billion by selling debt to investors [more...]

Date: 2009-01-12 18:07:17

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