Fall of the winged messenger: sub-prime lending
Article Abstract:
People who are credit risks for most loan companies can obtain money from sub-prime lending companies, albeit at high interest rates. Lender Mercury Finance was close to bankruptcy after it misreported its 1996 profits, and investors are shying from companies that have such lending practices.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
King Wile and the Wasp: Smith Barney Shearson
Article Abstract:
Primerica chairman Sandy Weill hopes to make Smith Barney Shearson into an investment banking giant. A big step forward towards that goal was taken when he hired Robert Greenhill away from Morgan Stanley to become Smith Barney Shearson's new chairman and CEO.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The sins of the mothers: healthy living. Sins, ancient and modern. The sins of the sons
- Abstracts: King Wile: Smith Barney-Shearson? Don't leave home without me
- Abstracts: The method in their madness. The naked and the dead
- Abstracts: Out of their league. Divines opine: poverty and inequality
- Abstracts: Worse and worse: Germany's budget. Cutting it fine: German interest rates