Sentences with phrase «earns cash from operations»
Not exact matches
Indeed, these deals were special for all involved: (a) Levy enjoyed Madoff's inflated return rates of up to 40 % on the money he invested with Madoff; (b) Madoff enjoyed the benefits of large amounts of cash to perpetuate his fraud without being subject to JPMC's due diligence processes; and (c) JPMC earned fees on the loan amounts and watched the «special deals» from afar, escaping responsibility for any due diligence on Madoff's operation.»
http://wallstreetonparade.com/
Based on first quarter results, and a schedule of current rig utilization and contracted dayrates provided by Investor Relations, we expect the company to earn $ 35 - 50m in cash from operations during 2009.