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What Was Enron? What Happened and Who Was Responsible

What Was Enron? What Happened and Who Was Responsible

Posted by By Itho August 11, 2005
[ad_1] Select Events, Enron Corp. 1990 Jeffrey Skilling (COO at the time) hires Andrew Fastow as CFO. 1993 Enron begins to use special-purpose entities and special purpose vehicles. 1994 Congress…
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Formula and What It Can Tell You

Debt-to-GDP Ratio: Formula and What It Can Tell You

Posted by By Itho April 4, 2005
[ad_1]   What Is the Debt-to-GDP Ratio? The debt-to-GDP ratio is a metric that compares a country's public debt to its gross domestic product (GDP). It reliably indicates a country’s ability…
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Account Balance Defined and Compared to Available Credit

Credit Report: Definition, Contents, and How to Get It for Free

Posted by By Itho December 21, 2004
[ad_1]   What Is a Credit Report? A credit report is a detailed breakdown of your credit history prepared by a credit bureau. Credit bureaus collect financial information about you…
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Benefits, Risks, and When to Consider It

Debt Consolidation: Benefits, Risks, and When to Consider It

Posted by By Itho October 1, 2004
[ad_1] Consolidating three credit cards with an average interest rate of 22.99% Loan Details Credit Cards (3) Consolidation Loan Principal $20,000 $20,000 Interest % 22.99% 11% Payments $1,048 $933 Term…
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How It Works, Benefits & Risks

Direct Deposit: How It Works, Benefits & Risks

Posted by By Itho November 26, 2003
[ad_1]   What Is Direct Deposit? The term direct deposit refers to the deposit of funds electronically into a bank account rather than through a physical, paper check. Direct deposit…
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Understanding Distressed Securities: Risks, Opportunities, and Examples

Understanding Distressed Securities: Risks, Opportunities, and Examples

Posted by By Itho November 26, 2003
[ad_1] What Are Distressed Securities? Distressed securities are financial instruments issued by a company that is near to—or currently going through—bankruptcy. Distressed securities can include common and preferred shares, bank debt, trade…
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