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

Consultant Ninja

Management Consultant | Excel Jockey | Slide Monkey | Corporate Insurgent | One-Eyed Man in the Valley of the Blind Mckinsey | Bain | BCG | Booz | Oliver Wyman. Wednesday, March 4, 2009. The Company’s cash flows and results of operations have been adversely impacted by these factors as indicated by its net loss of $5.3

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China Faces "Minsky Moment" on Ponzi Financing

MishTalk

After the massive stimulus and more than doubling of new bank loans in 2009, the government attempted to stabilize credit growth, but the growth of the shadow banking system exploded instead. Mike "Mish" Shedlock [link] Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management.

Finance 75
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Earnings Cheating Season: Is Your Favorite Company Cooking the Books?

MishTalk

A sharp decline in EPS optimism since 2009 has been consistent with previous hiatuses in financial markets. Is there a growing divergence between net income and operating cash-flow? Management has less flexibility to alter cash flow, whereas earnings can be stuffed for all sorts of "funnies". If so (i.e.

Company 70
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SBA Acquisition Loans – A Win-Win-Win Especially for the Seller

Martinka Consulting

2009 - Were there any business acquisition loans? It’s much better for them to buy a larger business with systems, processes and a management team instead of an owner-operator business-and they can do so easier because of the SBA program. Who benefits? Buyers, banks and especially sellers! These buyers want to soar, not coast.

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Imagination Sets In

MishTalk

Negative Flow My friend Don Campbell pinged me with this comment the other day: " Nearly all public pension funds have a negative cash flow, meaning they pay out in benefits each year more than they receive in contributions. That's fine if assets have kept up with future payout liabilities and plans are close to fully funded.

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What GE’s Board Could Have Done Differently

Harvard Business

Since Immelt’s departure, GE’s stock is down another 30%, as its new CEO, John Flannery, has struggled to cope with the cash flow drain from years of problematic acquisitions, divestitures, and buybacks. Because of these dubious decisions, GE’s ratio of debt to earnings has soared from 1.5 in 2013 to 3.7

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The Challenges GM Is Facing, and the Reasoning Behind Its Plant Closures

Harvard Business

While the job losses are a terrible blow to those workers and the families they support and the local economies where the factories are located, the decision could prevent the kind of crisis that resulted in it seeking bankruptcy protection in 2009 and a $50 billion bailout by the U.S. government. Given the shift in immediate U.S.