 |
|
|
|
 |
|||
Let’s set the stage: You’re the chief executive of a struggling student-loan company that hasn’t turned a profit for more than two years. Regulators raised questions about how lenders in your industry operated. The financial crisis put a dent in the whole loan securitization market at the core of your business model. Then the federal [...]
If you’re finding it hard to keep on top of all the announcements coming out of the SEC these days, you’re not alone. Apparently, the SEC is also having some difficulty, judging by the fact that their last Twitter entry was Friday morning at around 5:37 am, when they announced an array of new rules [...]
It’s no longer news that the subprime crisis is, directly or indirectly, hitting companies in all sorts of industries, or at least making them nervous. Take Wyndham Worldwide (WYN). Wyndham has been busy selling timeshares to would-be vacationers (the company brags that it has the world’s largest “vacation ownership” business), but warns in its 10-K, [...]
