Corporate Cashflow Magazine articles from April 1995

Corporate Cashflow Magazine archives from April 1995

Give stars to the young guns. (coping with white collar crime) (Editorial)
April 1, 1995... A 28-year-old man who flunked high school math, skipped college and had been fined for exposing himself in a disco single-handedly took down the venerable British merchant banking house that helped to finance the Louisiana Purchase. Kevin...

Treasuries get in step with operations, use service contracts.
April 1, 1995... In the current climate of belt-tightening and cost-cutting, treasury staffs are scrambling to stay in step with broader business agendas by taking a very businesslike approach to selling services to internal customers. Sounds simple, but...

Tax-advantaged investors unfazed by Orange County.
April 1, 1995... Tax-paying corporations might be able to boost after-tax net income by investing some of their long-term core cash in municipal securities, which are exempt from state, local and federal taxes. Companies in the top 34% tax bracket should be able...

Private clearing house reduces costs, settlement risk.
April 1, 1995... Private sector check clearing houses that compete with the Federal Reserve are beginning to come into their own. While the Fed still processes and settles about one-third of U.S. interbank checks, one private sector check processor is gaining...

EPL insurance worth a look in litigious U.S. (employment practices liability)
April 1, 1995... Self-insuring has been the norm for risk managers covering employment practices liability (EPL), but changes in corporate culture, regulations and [TABULAR DATA OMITTED] legal practices are reshaping the exposure. Grounds for EPL litigation...

S&P 600 captures small-cap equities in tradable index. (Standard & Poor's)
April 1, 1995... The Standard & Poor's 600 index, introduced last October, gives pension plan sponsors a new benchmark for small-cap portfolios and an index that can be replicated in an index fund. The S&P 600 completes the equities spectrum, adding small cap...

Buyout funds infuse capital in small, mid-sized firms.
April 1, 1995... Buyout funds are giving middle-sized companies the financing they need to restructure or move up to the next level. Some provide not only cash but the expertise and contacts to get the deal done. Some funds operate independently, while others...

Environmental liability: abundant insurance key to unpolluted profits. (includes related articles) (Cover Story)
April 1, 1995... Flashback to 1986: You are CFO of a manufacturing company with annual revenues of $50 million; the company is growing aggressively through acquisitions, purchasing both assets and liabilities. You limit your environmental liabilities through...

What U.S. treasurers should learn from Mexico's financial crisis.
April 1, 1995... On December 20, 1994, the Mexican government devalued the peso by 13%, expanding the fixed trading band. One day later, the peso was set to float freely against the dollar. Its value against the dollar fell as much as 40% over the next few weeks....

Stop drowning in workers comp costs.
April 1, 1995... When your inventory is people, you can't afford to take workers compensation claims lightly. The experience of Simplified Employment Services Inc., a Detroit employee leasing firm, offers a valuable lesson for all employers. As U.S....

U.S. and foreign tax implications of international treasury centers.
April 1, 1995... As U.S. multinational corporations (MNCs) continue to expand, they encounter increased competition, risk and cost. In many cases, this means they must sell in foreign currencies and maintain a physical presence in the countries or regions where...

Product liability reform expected to get its day in court.
April 1, 1995... With Republicans now controlling Congress, U.S. corporations are growing increasingly optimistic that product liability reform will get its day in court. A pro-business verdict, say treasury managers, would dramatically cut insurance and...

Cashing in on the value of global safety.
April 1, 1995... Rarely, if ever, do business schools feature case studies showing how much accidents cost corporations - an astounding oversight given British government estimates that accidents wipe out 5-10% of U.K. industrial trading profits annually. The...

Treasurers chumps in derivatives soap opera.
April 1, 1995... Life is a relentless struggle. While the privileged few tenaciously hoard their enormous wealth and power, the downtrodden many toil for a small piece of God's green earth and the right to stand erect, basking in the warm rays of Her golden...