Merrill Lynch Barge Scenario Case Summary -- Enron, a Texas-based energy company, was created in 1985 and had such phenomenal growth it was soon the seventh largest company in the U.S. until its bankruptcy in 2001. Enron was involved in a number of scandals, among which was the Nigerian Barge Case. Essentially, Enron attempted to sell interest in three power-generating barges off the coast of Nigeria, but was unsuccessful. By December

The reduction in liabilities represents a move to reduce financial leverage in a period of tightening credit and risk profiles. The cash build-up too is an assertive move to combat liquidity concerns and build structural soundness to the balance sheet. AMD management implicitly understood that their internal financial condition was threatening to unravel the company with stagnant revenues and bloated expenses. As such the repositioning of AMD to take

Retirees Attending College The latest retirement planning book entitled 'Boomers: Visons of the New Retirement', written by a person who is about thirty years old, Dr. Maria Maylater, PhD., states the author's opinion that it is not what an individual, or in other words, a retiree 'has' when he retires that is important; it is the ways in which he plans out this important phase in his life in which