article thumbnail

Back in the Saddle, Just in the Nick of Time

MishTalk

Ally, whose defunct GMAC Mortgage unit was one of the biggest lenders of subprime mortgages in the run-up to the 2008 housing bust, will inch back into direct home loan originations next year, the bank’s Chief Executive Officer Jeffrey Brown said this week at a Goldman Sachs Group Inc. financial conference in New York.

Mercer 28
article thumbnail

Alvarez & Marsal Interviews and Culture

Management Consulted

Combining their industry experience, the pair were forerunners in what became a specialty area in professional services: turnaround management, corporate restructuring and operational performance improvement for companies and stakeholders. Automotive and Suppliers. Transaction Advisory. Global Forensics and Disputes. Tax Advisory.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Research: Self-Disruption Can Hurt the Companies That Need It the Most

Harvard Business

In the traditional model of electricity generation, large power plants produce power at a centralized location, which operates at a considerable distance from the points of consumption. electric utilities during 2008-2015—a period in which the decentralized model was in its uncertain, nascent phase. A rare natural experiment.

Company 28
article thumbnail

Case Study: Can You Fix a Toxic Culture Without Firing People?

Harvard Business

She’d gone to Arkansas to review operational plans and financial projections for the rest of the year with the team on the ground. FB Holdings had made it through the financial crisis of 2008 without losing money—but the climate control systems divisions, a Tier 1 automotive supplier, had not fared as well.

article thumbnail

Brews, News and Booz & Company: Interview and Culture Insights

Management Consulted

2008 was when the split came, and Booz Allen Hamilton (parent company) divided in 2. The firm sold a majority stake in the US government business for $2.45B to the Carlyle Group (Booz Allen Hamilton) and Booz & Company, owned and operated as a partnership, assumed the commercial strategy role. Operations and Logistics.

article thumbnail

Top Consulting Firms

CaseInterview.com

In 2008, it became the first global management consulting firm to reach carbon neutral status. LEK operates in an intense, associate-heavy case team structure. It provides a broad base of operational and strategic knowledge to consultants. Its corporate social responsibility adds to its cosmopolitan image. Compensation Outlook.

article thumbnail

Deflation Will Return: Europe First, Then US; Global Supply Arbitrage

MishTalk

They accounted for more than 27 percent of loans for new vehicles in the first half of the year, the highest proportion since Experian Automotive began tracking the data in 2007. auto sales, on pace for the best year since 2007, are increasingly being fueled by borrowers with spotty credit. I repeat my claim that I made in 2007.

Banking 78