Following the people who knew what was happening turns out to be brilliant way to explain the inexplicable, and in The Big Short he makes an entertaining and enlightening return to
high finance over 20 years after Liar's Poker, with the same sharp eye for great character and contrarian ideas as more recent favorites like Moneyball and The Blind Side.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to
finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to
higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control
over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier
financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
If your business needs to buy its facility, your initial costs may be
high, but the building's cost can be
financed over a long - term period (15 to 30 years).
«The total volume of small - business
financing increased by 18 %
over the same period last year, and reached the
highest level since Feb. 2008, its latest data show».
With Americans feeling better about their
finances, they will hit the road in near - record numbers
over the Thanksgiving weekend despite
higher gasoline prices, experts predict.
But
over a career at the
highest levels in corporate
finance, Porat has been equally unflappable, navigating physical obstacles and fighting great metaphorical discomfort — the race - the - clock stress of the financial crisis, the tension of negotiations among big - ego executives, and now the culture clash of imposing financial discipline at tech's biggest idea factory.
The cost of
higher education has only climbed
over the years, so it's no surprise that millions of people turn to student loans to
finance at least a portion of that cost.
«We are beginning to see some deterioration in the credit quality of oil and gas loans to borrowers that used
high volumes of debt to
finance their growth
over the past several years,» Grant Wilson, director of commercial credit for the Office of the Comptroller of the Currency, a banking regulator, told Bloomberg in an interview.
According to Yahoo!
Finance, «Digital Marketing» is one of the ten
highest - paid jobs you can get without an advanced degree, with an earning potential of
over $ 200,000.
I've done deals that had many different price points (since the company brought in convertible notes
over time «
high resolution
financing» and price kept going up with the new notes) and so we've had a class for each note.
Instead of
financing Social Security and Medicare out of progressive taxes levied on the
highest income brackets — mainly the FIRE sector — the dream of privatizing these entitlement programs is to turn this tax surplus
over to financial managers to bid up stock and bond prices, much as pension - fund capitalism did from the 1960s onward.
Although
high finance obviously has been shaped by the Industrial Revolution's legacy of corporate
finance, institutional investment such as pension fund saving as part of the industrial wage contract, mutual funds, and globalization along «financialized» lines, financial managers have taken
over industrial companies to create what Hyman Minsky has called «money manager capitalism.»
Mr. Neporent has
over 28 years of experience in the
high - yield
finance, distressed securities and bankruptcy / reorganization business.
As a company continues to increase its debt
over the amount stated by the optimal capital structure, the cost to
finance the debt becomes
higher as the debt is now riskier to the lender.»
In fact, 57 percent of those surveyed would choose a shorter - term loan with a
higher APR
over a longer - term loan with a lower APR to minimize the total fees and expenses of inventory
financing or any other loan.
In the last decade, the Bush Administration, seeking a Trojan Horse to privatize Social Security in the United States, applauded Chile's disastrous privatization of pension accounts (turning many
over to US financial institutions) even as that nation's voters rejected the Pinochetistas largely out of anger at the vast pension rip - off by
high finance.
«We are beginning to see some deterioration in the credit quality of oil and gas loans to borrowers that used
high volumes of debt to
finance their growth
over the past several years,» Grant Wilson, director of commercial credit for the OCC, said in an interview.
While American politicians debate endlessly
over how to
finance the needed fixes and which ones to implement, the Chinese have managed to fund massive infrastructure projects all across their country, including 12,000 miles of
high - speed rail built just in the last decade.
Altogether, it came with an extraordinarily
high finance charge (a fee that includes the origination fee and interest) that totaled
over $ 6,000.
The shorter - term loan will likely have a
higher periodic payment, but the overall interest cost of the loan could be less, while the longer - term loan will probably have a lower payment but include a
higher total cost of
financing over the course of the loan.
In the last two weeks,
Finance Minister, Bill Morneau, has come under a lot of criticism
over the economic and fiscal projections in his November Update and the costing of the middle - income tax cut and the new
high - income tax rate.
As a
high growth crypto -
finance company with
over $ 1bn in AUM, CoinShares is on the cutting edge of developing financial solutions in the blockchain and cryptocurrency space.
Maia Heymann § For
over 20 years Maia has
financed or invested in
high - growth,
high - potential companies.
Alongside this growth, Prospa has maintained extremely
high customer satisfaction of
over 90 %, as well as forming strategic partnerships with Westpac, Reckon and IAG, enabling easier access to
finance for small businesses across the country.
The central bank cited three main reasons why it expects risks to mitigate
over time: income growth, new mortgage
finance policy measures and
higher mortgage rates.
Wanda Group, along with a number of China's biggest conglomerates including HNA Group and Fosun International - has seen
higher levels of scrutiny on its
finances and debt
over the past year as Beijing clamps down on what it sees as «irrational» overseas acquisitions.
Merging the world of
high -
finance and
high - art, Artemis Capital Management is proud to present a creative visualization of stock market volatility
over the last two decades.
The number of states that require
high school students to complete a course in economics has dropped
over the last two years, and mandates for personal
finance education in the upper grades remain stagnant, a new survey shows.
CCI's submission to the Department of
Finance was prepared with the feedback from
over 90
high - growth tech CEOs as well as Canadian venture capitalists (VCs) and angel investors.
These numbers will likely be different for each franchisee, as you may decide to make more of a down payment (which would lower your payments), you may decide to
finance your equipment
over a longer period of time (which will also lower your payments), and you may have to pay a
higher interest rate (which would increase your payments).
CORPORATE
FINANCING NEWS
High - yield corporate bond issuance and trading have slowed considerably in the face of uncertainty about Federal Reserve monetary policy, at a time when chairman Ben Bernanke is about to hand
over the reins to Janet Yellen,...
The Vatican's
finance chief Cardinal George Pell Tuesday became the
highest - ranked Catholic to be sent for trial
over historic sex offences, as the elderly priest vowed to fight the charges.
This is almost exactly equal to the number of Afrikaners spread all
over the country but concentrated in the Orange Free State and the Transvaal, the
high veldt of the northeast, the center for mining,
finance, and government administration.
He has been the most powerful of the three top state leaders for
over a decade, and is fully responsible for the parlous state of our
finances, poor business climate, and
high unemployment.
Shockingly, the UK political establishment looks poised to loosen further what already looks like a very lax fiscal regime, at a time not only of straitened public
finances and austerity (and a
high burden of personal taxation), but also of extraordinarily
high petroleum prices (2011 was the first year in history when the international price of crude averaged
over 100 dollars per barrel, 2012 was the second, 2013 the third, and 2014 looks dead set to be the fourth).
A lively Milwaukee Common Council committee hearing
over public
financing for a new basketball arena revealed a
higher price tag for the city's contribution to the project and new opposition from the community activist group Common Ground.
He took
over Lord Ashdown's Yeovil seat in 2001 after a series of
high - profile roles in
finance.
ALBANY — A new, well -
financed partnership plying both fundamentals of democracy and modern
high - stakes lobbying plans to bring Albany's fight
over public school aid into New Yorkers» homes.
At 9:30 a.m., Senate
Finance Committee Chair Cathy Young and Assembly Ways and Means Committee Chair Denny Farrell preside
over a joint budget hearing on the
higher education portion of the governor's spending plan, Hearing Room B, Legislative Office Building, 198 State St., Albany.
Golub is a
high - profile lawyer who has won multi-million-dollar cases and has represented not only the state employee union coalition, but also the state Democratic party in its ongoing legal battle against the State Election Enforcement Commission
over the legality of
financing of Gov. Dannel P. Malloy's re-election campaign.
The former JP Morgan managing director took
over Lord Ashdown's Yeovil seat in 2001 after a series of
high - profile roles in
finance.
The former
high school drop - out from rural Mexicali triumphed
over lack of
finances and family tragedy to join the incoming Class of... More...
While the
highest end may be considered New York or Chicago,
finance happens all
over — including small communities.
If, like me, your eyes glaze
over at the very mention of
high finance (there's a reason some of us are theatre critics), the New York run sold a sufficient sizzle that one barely had time to consider just how dry Burgess's writing indeed is.
Garden State judges have ruled
over school
finance for 40 years, and the schools — especially the
highest - poverty schools — have had a friend in court, being allowed to spend virtually whatever they want.
Over the course of his 40 - year career in
higher ed administration, Norman Smith helped several institutions — including the Ed School — overcome enrollment and
finance issues.
Martha Derthick (University of Virginia), John Dinan (Wake Forest University), and Michael Heise (Cornell Law School) discuss litigation
over high - stakes testing and school
finance in the era of No Child Left Behind.
Has this restructuring of
higher education
finance over the last 20 years led the English system backwards or forwards in terms of improving quality, quantity, and equity in
higher education?
Though his ruling was about Connecticut, he spoke to a larger nationwide truth: After the decades of lawsuits about equity and adequacy in education
financing, after federal efforts like No Child Left Behind and Race to the Top, after fights
over the Common Core standards and
high - stakes testing and the tug of war between charter schools and community schools, the stubborn achievement gaps between rich and poor, minority and white students persist.
He argues that this proposed re-design of California's school
finance system would give districts much needed flexibility
over use of use of funds as well as recognize the
higher level of resources required to educate students who are living in poverty and / or whose primary language is not English.