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Archive for October, 2008

CFOs React: HSBC’s Iain Mackay

Friday, October 31st, 2008 Posted in .News RSS, Finance | | No Comments »

Early recognition of subprime exposures has helped the bank manage the fortunes of its struggling consumer finance company. Read more..

CFOs React: HSBC’s Iain Mackay

Friday, October 31st, 2008 Posted in .News RSS, Finance | | No Comments »

Early recognition of subprime exposures has helped the bank manage the fortunes of its struggling consumer finance company. Read more..

Buyers Dry Up, So More Firms Liquidate

Friday, October 31st, 2008 Posted in .News RSS, Finance | | No Comments »

Under bankruptcy protection, retailers like Levitz and Mervyn's lead the way in choosing liquidation over reorganization. Read more..

Bank Deals Are Getting Hefty IRS Breaks

Friday, October 31st, 2008 Posted in .News RSS, Finance | | No Comments »

Some in Congress are critical and note the possibility of abuse, including from one recent change in the tax code's Section 382. Read more..

“Hey, Let’s Just Not Lend Any Money”

Friday, October 31st, 2008 Posted in .News RSS, Finance | | No Comments »

The answer to terrible economic conditions at one bank — Chicago-based Corus — involves cutting off new-loan originations. Read more..

Suspending Belief: More Dividends Erased

Friday, October 31st, 2008 Posted in .News RSS, Finance | | No Comments »

Carnival, Lee Enterprises, Asbury Automotive are latest to eliminate payouts to preserve cash in hard times. Read more..

Undaunted: Global Fair Value Guidance Evolves

Friday, October 31st, 2008 Posted in .News RSS, Finance | | No Comments »

In the face of harsh critics, IASB releases a how-to document on fair value accounting that tackles some thorny issues. Read more..

How to Keep Your CFO Job amid the Crisis: Headhunter Tips

Friday, October 31st, 2008 Posted in .News RSS, Finance | | No Comments »

Fight the urge to take the safe course, watch out for customers' credit-worthiness, be open to new roles — and don't take a vacation. Read more..

Could the Crisis Crimp Convergence?

Friday, October 31st, 2008 Posted in .News RSS, Finance | | No Comments »

The SEC has been tardy with its accounting roadmap for international standards, leaving some to wonder if the project has gone off course. Read more..

In the Eye of the Storm

Friday, October 31st, 2008 Posted in .News RSS, Finance | | No Comments »

Have chief financial officers ever mattered more—or been less prepared? Read more..

Nasdaq Buys Time for Weak Companies

Friday, October 31st, 2008 Posted in .News RSS, Finance | | No Comments »

The stock exchange suspends it listing suspension rule to prevent a wholesale delisting of companies. Read more..

Drop ‘Til You Shop

Friday, October 31st, 2008 Posted in .News RSS, Finance | | No Comments »

America's economy is shrinking as consumers stop spending. Read more..