As much as I want to worship myself as an exceptionally thorough and diligent investor the fact is Im still guilty of one basic investing sin: I haven?t adequately evaluated the CEOs and board of directors of some of the companies I own. I can understand if it sounds like a weak confession, but the recent high-profile…
DetailsCASH WOES Maureen Leslie, of MLM Solutions, was appointed to take control of the former Leicester City defenderss assets and debts FORMER footie ace Callum Davidson has been declared bankrupt with debts of £323,000. The ex-Scotland star, 41, went bust owing the taxman after investing in a controversial movie production scheme. Callum Davidson has racked…
DetailsIndusInd Bank Ltd. has invoked 6 crore pledged shares, which make up about 4.32 percent stake, of the crisis-hit Jaypee Infratech Ltd. These shares were held by Jaypee Infratechs promoter Jaiprakash Associates Ltd., which is the flagship company of debt-ridden Jaypee Group. The group is facing protest from homebuyers for significant delays in completing of…
DetailsSWISS Federal Railways (SBB) rail freight subsidiary SBB Cargo has revealed plans to substantially restructure its business operations over the next few years as it grapples with falling demand for wagonload services in Switzerland, which has led to significant losses. Currently, 90% of the wagons are handled through around half of SBB Cargos 344 service…
DetailsTHE financial tables have turned in a dramatic way with more people going into insolvency in Noosa than Nambour, latest figures show. The Federal Government’s Australian Financial Security Authority has released the latest regional statistics for personal insolvency for the final months of 2017. Most regions saw a reduction in insolvencies in the December quarter…
DetailsSince 1998, The M&A Advisor has been profiling the proven strategies and unique experiences of leading restructuring, M&A and corporate finance experts. Today, The M&A Advisor reaches over 500,000 professionals in more than 60 countries with premier research, conferences and publishing. “We are publishing Saving Corporate America A Survival Guide for Greatness at a time when the…
DetailsTwo weeks ago, media reports had hinted that the tug-of-war between steel king LN Mittal and the Ruias over Essar Steel may end up seeing no winner. That’s because the legal and financial consultants advising the interim resolution professional (IRP) overseeing sale had reportedly recommended the rejection of both bids as being ineligible. Mittal’s company…
DetailsMedical debt cripples millions of Americans, including hundreds of thousands in the D.C. area, and NBC is taking steps to help. More than 668,000 people in the D.C. metropolitan area owe a total of more than $600 million in medical debt. HELP PAY IT FORWARD “You’re one illness away or one accident away from financial…
Details“NBC and Telemundo owned stations’ commitment to helping the most vulnerable in our communities is an inspiration,” said RIP co-founders Craig Antico & Jerry Ashton. “Our goal is to abolish $1 billion of medical debt in 2018, and we’re incredibly proud to have NBC and Telemundo owned stations as partners in helping us make this…
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