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Apple's Balance Sheet Math: Does Apple Really Have $203 Billion in Usable Cash on Hand as Widely Reported?

MishTalk

Current Liabilities Cash Much Smaller Than You Think I don't often dive into balance sheets, but did so after reading a Market-Watch opinion by Brett Arends. billion in “off-balance-sheet” liabilities. If “off-balance-sheet” is not included in my totals, then subtract another $31.5 billion and $137.1

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ECB Waters Down 2014 Stress Tests Second Time; Yet Another Sham Stress Test

MishTalk

We want the exercise to encompass all the main sources of risk. Banks do need to fail to prove the credibility of the exercise. Ignazio Angeloni, who is head of the ECB’s financial stability directorate, said in Frankfurt “ We’ve got a feasible but safe capital cushion of 8 percent. What About Sovereign Bonds? One would think so.

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War Between Spain and Germany Erupts Over Next Round of Watered Down Stress Tests; Germany Complains About the "Carry Trade"

MishTalk

Draghize : "Banks do need to fail to prove the credibility of the exercise". Mish : We are carefully scrutinizing several non-critical banks, looking for a couple of scapegoats, hoping to fool the public regarding the credibility of the exercise. Draghize : "If they do have to fail, they have to fail. There’s no question about that."

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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

See More Videos > See More Videos > Tackle the balance sheet. “Take an interest in the balance sheet and then do the due diligence to understand it,” he says. ” This can be a useful exercise, but don’t let it consume you, says Ruback. “They’re not hard to calculate.

Finance 28
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Huge Capital Raising Effort at Spanish Bank Passing Latest Stress Test; New Game in Town; Smell Test Failure

MishTalk

Draghize : "Banks do need to fail to prove the credibility of the exercise". Mish : We are carefully scrutinizing several non-critical banks, looking for a couple of scapegoats, hoping to fool the public regarding the credibility of the exercise. Stress Tests Announced On October 27, 2014 alleged stress tests were a glowing success.

Banking 28
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Midsize Cities Are Entrepreneurship’s Real Test

Harvard Business

In short, as one Manizales stakeholder put it, communicating growth meant exercising muscles they did not even know they had. We taught lending officers how to talk to businesses that were afraid that taking debt onto their balance sheets was riskier than maintaining a flat-growth business.

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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

From 2010 to 2014, Chicago’s general obligation bond deals included over $235 million of capitalized interest, simply as a means for the city to avoid servicing its debt in the short term. It is not a balance sheet test, but a cash flow test. The city did receive a series of up-front payments, however.