Search results
Results from the WOW.Com Content Network
RTC literature in the Federal Deposit Insurance Corporation history exhibit. The Resolution Trust Corporation (RTC) was a U.S. government-owned asset management company first run by Lewis William Seidman and charged with liquidating assets, primarily real estate-related assets such as mortgage loans, that had been assets of savings and loan associations (S&Ls) declared insolvent by the Office ...
Instead, the entire amount of shareholders' equity is distributed. [2] When a company has more liabilities than assets, equity is negative and no liquidating distribution is made at all. This is usually the case in bankruptcy liquidations. Creditors are always senior to shareholders in receiving the corporation's assets upon winding up. However ...
In financial economics, a liquidity crisis is an acute shortage of liquidity. [1] Liquidity may refer to market liquidity (the ease with which an asset can be converted into a liquid medium, e.g. cash), funding liquidity (the ease with which borrowers can obtain external funding), or accounting liquidity (the health of an institution's balance sheet measured in terms of its cash-like assets).
Liquidity is a prime concern in a banking environment and a shortage of liquidity has often been a trigger for bank failures. Holding assets in a highly liquid form tends to reduce the income from that asset (cash, for example, is the most liquid asset of all but pays no interest) so banks will try to reduce liquid assets as far as possible.
Asset stripping refers to selling off a company's assets to improve returns for equity investors, often a financial investor, a "corporate raider", who takes over another company and then auctions off the acquired company's assets. [1] The term is generally used in a pejorative sense as such activity is not considered helpful to the company.
Continue reading ->The post How Stock Buybacks Work and Why Companies Do Them appeared first on SmartAsset Blog. As you invest and build a portfolio, you're likely to encounter common investing ...
As of the end of 2006, the company had $48 billion, or 76% of its mortgage portfolio invested in subprime loans. [4] In January 2007, the company eliminated 1,000 jobs. [5] In October 2007, the company eliminated 3,000 jobs. [6] At the beginning of 2007, the company had 14,000 employees. [7] In May 2008, the company reported that it may run out ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!