Economic problems require global solutions
Article Abstract:
Merrill Lynch CEO and chairman William Schreyer gives his views on the international bond market, international finance, and international economic relations. During 1985, new issues of bonds on the international market generated roughly $160 billion; roughly $100 billion of the new bonds were dollar-denominated, double the level of 1982. During the first half of 1985, U.S. firms produced more money from foreign sources than from domestic sources. During 1985, foreign investors purchased $27 billion in U.S. Treasuries and $12 billion in U.S. corporate bonds.
Publication Name: FE: the Magazine for Financial Executives
Subject: Business
ISSN: 0883-7481
Year: 1986
User Contributions:
Comment about this article or add new information about this topic:
Four chairmen speak out
Article Abstract:
Various strategic plans for the financial services, banking, and manufacturing sectors are examined in interviews of William Johnson of IC Industries, Willard Butcher of Chase Manhattan, William Boeschenstein of Owens-Corning, and William Schreyer of Merrill Lynch. Butcher is in favor of a tax reform program that stimulates new investments. Johnson stresses the importance of cutting the U.S. debt. Schreyer advocates a free flow of investment capital between national economies.
Publication Name: FE: the Magazine for Financial Executives
Subject: Business
ISSN: 0883-7481
Year: 1986
User Contributions:
Comment about this article or add new information about this topic:
Capital investment is the key to competition
Article Abstract:
The U.S. must combat the increasing commercial competition in world markets by increasing U.S. capital investment in all major industries. The U.S. steel industry will require capital investments of roughly $50 billion in the next decade. The capital investment range for the petroleum industry totals $30 billion for 1986 and more than $75 billion for the year 2000. During the next five years, the automobile industry will allocate $75 billion on capital investments projects.
Publication Name: FE: the Magazine for Financial Executives
Subject: Business
ISSN: 0883-7481
Year: 1986
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Golden promise at Abbeycrest. Acquisitions are golden investment. Bulgari
- Abstracts: Financial reporting problems: solutions via reform. Good stewardship and the ASB's objectives. Towards a system of inflation accounting
- Abstracts: Business automobiles: new regs show what is deductible and when employee has income. How to compute the adjustments for abandoning Rule of 78's for interest accruals
- Abstracts: Affiliated group rules change, but tax savings exist for those that still qualify. Tax cost of protecting executives when corporate ownership changes has increased
- Abstracts: Accountant's role in management of service industries. Business strategy should not be bureaucratic. It's not enough just to provide the figures