2008-2009 Economic crunch overview
The world wide financial crises that started at the end of the year 2007 and continued all the way down to 2009 has caused a lot of chaos and financial losses. The crisis was a result of market degeneration brought about by Collateralized Debt Obligations CDO's. These were just but bonds attached wi....

Airline Fares and the impact on the economy
Soaring oil prices and a collapse in consumer confidence has left airlines in a worse state than after September 11 Airlines' fuel bill was going up even faster than other oil consumers because refiners had increased their profit margins from $6 a barrel to $40. That meant that when crude oil was ....

auto bailout
We all know that times are tough right now, people are losing their jobs left and right, homes are being foreclosed on, cars are being repossessed and some people cannot afford to feed themselves or their families. But the government is trying to do something to help, or at least try to help by givi....

case studies of la vegas sands in 2008 financial distress
Generally, only a firm has sufficient large amount of cash or cash equivalents or has small amount of debt can have investment grade rating. All the above three companies have borrowed a lot of money to support their global expansion before 2008, thus lead to a low rating (the debt to equity ratios ....

Comparing The Great Depression to Todays Great Recession
was an economic downturn of world countries in the early 1930s. The current recession started in 2007 and was at its worst in 2008. There are several similarities between the Great Depression and the current recession. First, these two have affected all countries, whether poor or rich. In both....

credit crunch
CREDIT CRUNCH The financial distress credit has severely hit the financial market from western countries to the third world. Since September 2008, the financial sector has primarily been affected by a massive loss derived from house burble crisis. The overall economy is in a bad shape. The inv....

Economic Forecast 2008
Executive Summary The economy of a country is one of the most essential driving forces in an individuals daily life. Most decisions are made based on the economic conditions where an individual lives. Economic activity is man's predominant and essential activity. Nowadays everything circles aroun....

Good Corporate Governance-Its importance for Banks and Challenges.
Corporate governance is a multi-faceted subject. An important theme of corporate governance deals with issues of accountability and fiduciary duty, essentially advocating the implementation of policies and mechanisms to ensure good behaviour and protect shareholders. ï¿½Corporate governanceï¿½....

Investigating the relative success of dollarization and currency board
Long a topic of heated debate among economists, exchange rate policy has enjoyed particular popularity since the 1997 Asian crisis when one fixed rate regime after another collapsed under balance of payments problems and the resulting contagion. The financial crises that struck Mexico in 1994-95, ....

JCPenney case analysis and swot
The department store industry can be differentiated from a discount store based on the fact that they have sales representatives and check out counters in each of their departments such as footwear, women, men, and childrens apparel in addition to locations at jewelry counters. There are over 3,3....

Nexity and the U.S. Banking Industry
After raising $22.5 million and acquired Peoples State Bank of Grant Alabama, an online bank in 1999 was established by the name of Nexity Financial Corporation. Nexity Financial wanted to take a new approach on the banking industry. Its main focus was to provide financial services that were conveni....

Raise and Fall of New Century Financial
Introduction The American specialist of risky mortgages, New Century Financial Corporation, has filed for bankruptcy and is now under protection of Chapter 11 of the Bankruptcy Court. The second-largest provider of home loans to high-risk borrowers (subprime) in the US collapsed amid rising delinqu....

Toyota Case Study
History, Development and Growth: Toyoda Sakichi enjoyed a successful career in the textile industry but he was always intrigued with the idea of building automobiles. In 1930, Sakichi sold his textile patent rights for the sum of 1 million yen and convinced his son, Toyoda Kiichiro, to explore t....

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