Following the bankruptcy of Lehmann Brothers on September 15, 2008, the shortterm credit market came to a
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Following the bankruptcy of Lehmann Brothers on September 15, 2008, the shortterm credit market came to a halt. Many companies found themselves unable to renew their short-term debt and fell into financial distress. If, at that time, your company held a lot of cash, would you have felt immune to the financial crisis?
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Finance For Executives Managing For Value Creation
ISBN: 9781473749245
6th Edition
Authors: Gabriel Hawawini, Claude Viallet
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