Corporate Cashflow Magazine articles from February 1991

Corporate Cashflow Magazine archives from February 1991

As CP rates float up, borrowers tighten grasp on bank lines. (commercial paper)
February 1, 1991... In the final months of 1990, a major trend in corporate finance was temporarily reversedL the rising cost of issuing commercial paper sent corporate borrowers scurrying back to their less expensive bank lines of credit. How long this new trend...

Pension managers use short-sale strategy for risk management.
February 1, 1991... The practice of going short in a bear market--profiting from falling stock prices--is gaining more than a passing interest among pension fund managers. "Short-selling is a bet that the price of a stock or commodity will decline," says Joe...

Additional insureds can pose problems for the unwary.
February 1, 1991... What starts out as just another contract clause often turns into an expensive headache for risk managers--the additional insured. The concept is simple enough. Companies involved in joint ventures often will negotiate shared insurance...

An American treasurer's guide to Europe.
February 1, 1991... Crossing borders complicates life for U.S. treasury managers. There are compelling business reasons for many U.S. corporations to enter Europe, but plenty of obstacles to slow them down. Despite substantial progress toward a common market...

Treasury communication: how to understand your European subsidiaries. (An American Treasurer's Guide to Europe)
February 1, 1991... Even when the languages is cash, U.S. and European companies don't always speak the same language. As an international treasury management consultant, I often get to hear from both sides about the trouble that results when corporation try to...

Automating FX confirmations: search for a solution. (foreign exchange) (An American Treasurer's Guide to Europe)
February 1, 1991... Automation is coming to the huge and growing foreign exchange trading marketplace. It is bringing us to the threshold of new ways to avoid misunderstandings by confirming trades, a precaution that could have corporate treasury managers a lot...

'Box spreads': key to capital gains without market risk. (Basis Points) (column)
February 1, 1991... After giving Bill the four-star tour, we settled into my office. "How's the job? Is there a problem? How can I help?" I asked to get us started. "Fine! No! And capital gains!" he answered. "I want to offset capital losses." So I...

New crop of problems keeps workout specialists busy. (Capital Ideas) (column)
February 1, 1991... "For every troubled billion-dollar company you read about in the newspapers, there are 100 middle-market companies also in trouble," says Mary Beckman, a partner in Weiss, Peck & Greer, a New York investment banking firm specializing in...

FDIC thirst could spawn zombie bankers. (banks' contributions to the Federal Deposit Insurance Corp.'s bank insurance fund) (Washington Watch) (column)
February 1, 1991... Twice a year commercial banks contribute their quart of blood to the FDIC insurance fund. It used to be a pint, but it went up in January. It soon may be a gallon if a host of politicians, bureaucrats and academicians have their way. ...

'Cinderella' test of check truncation promises savings.
February 1, 1991... Check truncation has been talked about for years. For Arlene Puttonen, controller of Arrowhead Promotion and Fulfillment Co. Inc., Grand Rapids, MN, it's reality. "We're just a small company," she says, "so it feels strange to be told...