Worsening: the Maxwell mess
Article Abstract:
Continuing investigation of Robert Maxwell's plundering of his companies reveal bigger losses for creditors, and pension fund contributors may be unprotected. Bogus deals between his private companies, Maxwell Communication Corp and Mirror Group Newspapers are described.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
The Maxwell model
Article Abstract:
The handling of the dismantling of Maxwell Communication Corp should be a model for managing the bankruptcies international corporations. Cooperation between British and US bankruptcy courts, operating in different laws, led to swift liquidation and payoff for creditors.
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:
Tomorrow's pensions: ride the wave
Article Abstract:
The aging of the world's population will soon create an unbearable burden on the world economy though increasing pension costs. Entitlement programs costs will skyrocket. Employees should be responsible for their own retirement income.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Tomorrow's second sex. The trouble with men. Sometimes it's hard to be a man
- Abstracts: Ring in the old: Mexico. Gone tomorrow? Mexico's peso. Down Mexico way
- Abstracts: The dollar's turn? Bumbling in Bavaria. Breakthrough at Garden City: the dollar
- Abstracts: Europe's diminished leaders. Re-regulating Japan