allaroundguy
This blog has really good analysis of current issues in corporate credit analysis. It gets beyond the jargon and tells it like it is.
Blog Detail
Comments on Credit
http://commentsoncredit.blogspot.com/
What credit analysis tells us about current events and vice versa
- Added on: Feb 5th, 2009
- Country: United States
- Language: English
- Author: tgdelaney
- Listed in: Finance Corporate
- Tags: loans risk credit debt financial analysis credit risk
Recent Posts
Lehman Brothers v Morgan Stanley
We hope everyone is having happy holidays. Last time, we defended Lehman Brothers from Andrew Ross Sorkin’s attack in Too Big to Fail. We’ve stolen some time from the seasonal festivities to take another look at the numbers, and we still feel the...
Lehman Did Everything Right
Except convince anyone it was doing anything right at all. In his new book Too Big to Fail, Andrew Ross Sorkin portrays the firm’s fall as a tale of arrogance, blindness, stupidity, complacency, and greed – nearly every vice but gluttony ...
Liquidity Position
There are lots of measures of liquidity. The classics are the current ratio and the quick ratio, but they've fallen out of favor because they don't include cash flow, a critical component of liquidity. Cash burn is too recent to be classic, even thou...
Off-Balance-Sheet Debt at BT Group
The heavy burden of hidden debtBT Group, plc, is one of the world’s largest telecommunications companies. Since the telecom crash in 2001, it’s been struggling with operating, management, and reporting problems. You can add financial problems to ...
Using Subordination to Define Intercreditor Priority
The November 2009 issue of The RMA Journal, The Journal of Enterprise Risk Management, includes an article entitled "Using Subordination to Define Intercreditor Priority" by Ron Carleton and Tim Delaney of Financial Training Partners. The RMA Journal...
Amend and Extend or Amend and Pretend?
In the last 6 months, we've seen a number of "amend and extend" transactions. Typically they involve:The extension of the maturity of a term loan and/or revolver (typically for syndicated, non-investment grade loans). This is only for lenders who a...
I like the way this blog connects things that are happening in the economy to real company events. It certainly digs deeper than other blogs on this topic.
Posted: February 26th, 2009 | Report This Comment