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2008 Financial Crisis – Causes and historical context

Tom Spencer

Many an economics and finance course later, I see that the layers of complexities to the 2008 financial crisis are innumerable. The senior slices of a CDO were considered to be safer because they had first priority on cash flows received from the pool of mortgages in the event of default. It all seemed so clear.

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Winning Isn’t Everything: The Art of Playing Well

Tom Spencer

Michael Lewis: Prioritise playing the game ethically Similarly, Michael Lewis, the bestselling author of The Big Short , exposed the unethical and reckless behaviour of some players in the financial industry leading up to the 2008 financial crisis. One example of Buffett’s approach is his investment in Coca-Cola.

Ethics 78
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Consultant Ninja: When "hedging" is just speculation: Management.

Consultant Ninja

In both 2008 and 2007, an increase in jet fuel prices was the primary reason for higher mainline and United Express fuel expense and aircraft fuel cost per gallon, as highlighted in the table below. billion in 2008. billion during the year ended December 31, 2008. " - United Airlines 2008 10-K, 2 March 2009. at 8:30 PM.

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Strong Economy – Strong Buy-Sell Market

Martinka Consulting

The answer is yes, based on the activity level of everybody we know in the M&A/buy-sell industry. 70% of medium sized companies will change hands (2008). Notice the same predictions from 2008-2015? Cash flow is king (they don’t require full collateralization, but will take as much as they can). And guess what?

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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business

How did we get here, and what does it mean for the industry? That deal sent the price of Brent crude oil to above $70 a barrel in January, after the industry that had suffered through $54 per barrel oil on average in 2017. The news is all good for customers, but it makes planning for the industry players much more difficult.

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We Can’t Study Short-Termism Without the Right Metrics

Harvard Business

Similarly, considering greater accruals (which represent the difference between reported income and operating cash flows) to measure short-term orientation has its difficulties. It assumes that a smaller proportion of cash flows in earnings indicates a myopic firm. Are all share repurchases myopic?

Metrics 31
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The Comprehensive Business Case for Sustainability

Harvard Business

Flooding in 2011 in Thailand, harmed 160 companies in the textile industry and halted nearly a quarter of the country’s garment production, increasing global prices by 28%. When firms fail to establish good relationships with their stakeholders, it can lead to increased conflict and reduced stakeholder cooperation.

Study 28