«Greed is good,» Gekko declared, while firing smug, overpaid managers and
restructuring weak companies.
Not exact matches
S&P said in March a rupiah exchange rate of 15,000 a dollar is «the psychological level» at which
companies with
weak balance - sheets could struggle with repayments and those with good cashflow might start to proactively
restructure their debt.
Vulture investors like Mr. Smith often buy up the debt of
weak companies for pennies on the dollar, hoping to turn a profit when the
companies go through bankruptcy or
restructure their businesses.
The
company's tackled some necessary
restructuring, invested in new product development, boasts a strong balance sheet, potentially could double current operating margins, and a
weak euro adds a powerful new tail - wind (with Brexit posing zero threat).