Corporate Cashflow Magazine articles from August 1992

Corporate Cashflow Magazine archives from August 1992

Firms keep vultures from bank loans with restrictive covenants. (protecting bank loans from disruptive loan participators) (Financing)
August 1, 1992... When you negotiate a syndicated credit arrangement with a group of banks, especially if your corporation has a low rating or is going through rocky times, the partners you start with may not be the partners you'll have in the future. And those...

EFT systems, target of defrauders, must be defended. (preventing fraudulent practices associated with electronic fund transfer systems) (Cash Management)
August 1, 1992... As electronic funds transfer systems become increasingly automated, treasury managers need to be more vigilant than ever about fraud from both inside and outside the company. If you haven't reviewed your controls and security measures recently,...

International bonds lower volatility, improve returns. (Investments & Benefits)
August 1, 1992... U.S. pension plans can get to the greener grass on the other side of the international bond market fence and fortify their bond portfolios with healthier returns while reducing volatility, experts says. Interest among pension plans in...

Industry still waits as 24-hour problems are pounded out. (proposed enactment of the 24-hour insurance coverage) (Risk Management)
August 1, 1992... It's been touted as The Next Big Thing in workers' compesation, but 10 years after it was first conceptualized, 24-hour insurance - a single policy that provides uniform coverage for comp and health benefits - is not a reality. Industry players...

Postretirement benefits: to cure financials, take a scalpel to FAS 106 liability. (Financial Accounting Standard number 106) (Cover Story)
August 1, 1992... There is no magic formula to avoid cost recognition under FASB Statement No. 106, Employers' Accounting for Postretirement Benefits Other Than Pensions. Employers' promises are costly and typically will make a significant dent in a company's...

The monster that will not die: fiduciary liability comes back to haunt sponsores of defined contribution plans. (includes related article)
August 1, 1992... Insurer defaults on annuities, GICs bring wave of employee litigation and Department of Labor investigations Companies that tried to reduce their liability for benefit plan performance by switching from defined benefit plans to defined...

For strong CP, cultivate investors. (commercial paper)
August 1, 1992... Companies establish commercial paper programs to raise large amounts of working capital as needed, reliably and cost-effectively. Success depends on being able to determine precisely your needs and the likely behavior of the investors who make...

Treasur-ring. (treasury experts discuss cash management issues)
August 1, 1992... The following discussions are a result of Treasur-Ring, a telephone consultation program that brings together treasury pros with questions and those with answers for a frank peer exchange. The program is coordinated by David H. Blanchard, vice...

Off-shore expansion spurs Euromarket investing. (Basis Points) (Column)
August 1, 1992... The couple seated in front of me was clearly prepared for a vacation. The plane had just lifted off the runway at Los Angles and swung into its flight path to the East Coast, when the man pulled a carry-on bag out from under the seat in front...

Noncallable bonds still favored by investors. (Capital Ideas) (Column)
August 1, 1992... In mid-June, Chase Manhattan Corp., New York, issued $200 million of 8%, seven-year subordinated notes that are noncallable. That same week, Household International Inc., Prospect Heights, IL, issued $100 million of 5.75%, three-year notes...

Banking caste system to affect corporations. (banks to pay deposit insurance on a risk-based system) (Washington Watch) (Column)
August 1, 1992... The banking world is fast turning into a caste system in which the losers will become less and less able to provide satisfactory corporate services. Powers and prices, once assigned democratically, will increasingly be tied to a bank's capital...

Corporate re-engineering shakes treasury status quo. (Treasury Technology) (Column)
August 1, 1992... Treasury managers should consider how their roles will be affected by electronic data interchange (EDI) as companies examine ways of doing business that are less dependent on traditional, paper-based systems. Even EDI, however, needs to be...