Commercial Lending Review articles from January 2006

Commercial Lending Review archives from January 2006

Managing the credit cycle: a behavioral risk interpretation: the last market correction occurred more than three years ago, so risk sensitivity has diminished.
January 1, 2006... We are in a benign credit environment characterized by low interest rates, tight spreads, excess liquidity and limited defaults. The cycle began in 2003 following an accommodative Federal Reserve policy to combat the 2001 to 2002 credit...

FIN-46 consolidation: impact on lending decisions: bankers need to work with midsize borrowers affected by the new accounting interpretation.
January 1, 2006... You are the bank's loan officer and Ajax Manufacturing is one of your long-standing clients. Ajax is a successful private company with a solid operating business, several outstanding loans to your bank and a good payment history. Several...

An effective records management program: the why, what, when, where, who and how of a records management program.
January 1, 2006... Mark Twain is reputed to have said, "If you took all the laws and laid them end to end, there would be no end. He certainly wasn't focusing on record retention laws, but he easily could have been referring to the unending stream of records...

Solving environmental risk in commercial real estate transactions: environmental risk management can lead to sound financial decisions.
January 1, 2006... Commercial real estate lenders come in all shapes and sizes and have different loan programs, products, risk tolerance, lending authority, regulatory agencies and investors. Property owners, developers, asset managers and servicers also have...

Lending to the Emerging Debtor in the Face of an Appeal: under the doctrine of equitable mootness, an appeal seeking to overturn an essential element of a substantially consummated plan will likely be dismissed.
January 1, 2006... To emerge successfully from bankruptcy, a debtor must cross many hurdles. The debtor must negotiate with various creditor constituencies, propose a confirmable plan of reorganization and, perhaps most important, secure stable exit financing....

Forward-looking financing strategies for hospitals and healthcare systems: looking beyond loans to create stability.(INDUSTRY OUTLOOK)
January 1, 2006... Hospitals and healthcare systems are battling to protect their very livelihoods as spending increases and cash flows tighten. A recent report by the Healthcare Financial Management Association demonstrated just how widespread the capital...

The changing information content of auditor going-concern opinions: it appears that the failure of Enron and surrounding events caused auditors to be more cautious.(American Institute of Certified Public Accountants)
January 1, 2006... The decision of an auditor to issue a going-concern opinion follows standards set by the American Institute of Certified Public Accountants (AICPA). Since this standard has not changed since 1988, bankers and other users of auditor reports...

Donald trump, you're fired: exploring the psyche of a salesman who sells himself as much as his products.(Short story)
January 1, 2006... I never paid much attention to Donald Trump. When Trump first burst into prominence in the 1980s, he seemed little more than a fast-talking real estate promoter with a big ego and an insatiable appetite for borrowed money, no different from...