Publications

Fast Answer

Securitization process and credit rating agencies

Organization of Securities Commissions (IOSCO). Associations and Organizations Structured Finance Association European Covered Bond Council International Swaps and Derivatives Association View Details

January 1983 (Revised February 1988)
Case

Hospital Corp. of America (B)

By: W. Carl Kester

Focuses on HCAs financing options for reaching its target capital structure. The options include new equity conversion of convertible debentures, a debt-for-equity swap, the sale of assets, and fixed-rate debt. Students must address the problem of market timing and... View Details

Keywords: Assets; Capital Structure; Cash Flow; Equity; Debt Securities; Credit Derivatives and Swaps; Health Industry; United States

26 Jul 2016
News

Alumni Capture the Essence of Pokemon GO Craze

can be derived from the phenomenon. To gather alumni thoughts and takeaways, we went on social media with a question: “How can other brands replicate the breakout success of Pokemon GO or can they?” Here are a sampling of their responses:... View Details

Keywords: Arts, Entertainment

01 Dec 2003
News

Spreading the Words

income from national syndication of their daily word puzzle called Rootonym.) Even as they invest more time in developing the Web site, the Cooks wouldn’t think of charging users an access fee. They told Gentry Magazine (October 2003) that the pleasure they View Details

Keywords: Educational Support Services; Educational Services

January 2008 (Revised July 2010)
Case

Wal-Mart's Use of Interest Rate Swaps

"Wal-Mart's Use of Interest Rate Swaps" recounts Wal-Mart's use of interest rate swaps to hedge the fair value of its fixed-rate debt against changing interest rates. This case provides students with a foundation for understanding the use of and accounting for more... View Details

Keywords: Fair Value Accounting; Financial Statements; Credit Derivatives and Swaps; Financial Strategy; Interest Rates; Corporate Disclosure

April 1988 (Revised May 1992)
Case

Gaz de France

By: W. Carl Kester

The treasurer of Gaz de France is an aggressive, proactive manager of his company's liability structure, running one of the largest swap books of any non-financial corporation in the world. Currency futures, interbank forwards, and currency options are also frequently... View Details

Keywords: Decisions; Borrowing and Debt; Currency Exchange Rate; Credit Derivatives and Swaps; Policy; Management; Organizational Structure; Energy Industry; Europe

01 Apr 2002
News

Insights into Business in Islamic World

who directs the Law School's Islamic Studies Program, explained that such legal systems do not rely on precedents or written codes and have an inherent dependence on religious beliefs. "This law is seen as deriving from direct, divine... View Details

Keywords: Islam; Colleges, Universities, and Professional Schools; Educational Services

09 Aug 2011
News

A Toast to Macchu Pisco

barefoot. The result is an un-aged 80 proof clear spirit derived from fresh-fermented grape juice (wine). It takes at least four bottles of wine to produce one bottle of pisco. Pisco Punch and Pisco Sour are the spirit’s flagship drinks... View Details

Keywords: Beverage and Tobacco Product Manufacturing; Manufacturing

February 2010
Case

Saginaw Parts Co. and the General Motors Corp. Credit Default Swap

By: William E. Fruhan

This two-page case demonstrates how to unbundle the cost of credit extensions from product prices by observing the price of a credit default swap. It also explores how credit default swaps work, and how trade creditors are treated under U.S. bankruptcy law. Finally it... View Details

Keywords: Trade; Credit; Insolvency and Bankruptcy; Credit Derivatives and Swaps; Laws and Statutes; Risk Management; Auto Industry; United States

Web

TALK - Course Catalog

will sharpen your conversational awareness, confidence, and skills using the TALK framework, derived from cutting-edge behavioral science: T opics : in which we figure out what to talk about, and when and how to switch topics effectively.... View Details

01 Jun 2012
News

A Better World, One Idea at a Time

offering a brand of all-natural facial moisturizing oils derived from argan oil, obtained from southern Morocco’s argan tree. The company will work with the rural poor to build sustainable business around argan oil production. Emprofit,... View Details

Keywords: contests; awards; cosmetics; Crop Production; Agriculture; Chemical Manufacturing; Manufacturing; Nonstore Retailers; Retail Trade

01 Apr 2000
News

Strike Up the Broad(band)

social utility -- the enjoyment of fulfillment people derive from consuming a good or utilizing a service." Beyond movies-on-demand and videoconferencing, the authors say "the most savvy service providers, such as telephone and cable... View Details

Student-Profile

Justine Murray

incredibly valuable in helping me refine my research questions.” Research While the literature related to professional calling has traditionally focused on high social impact, low-paying careers, Justine is interested in how people in other fields View Details

01 Feb 1998
News

Kicking Off a Startup: Jennifer Rottenberg (MBA '96)

secured and the league is fully capitalized, and with additional revenues derived from television contracts and ticket sales, the NSA, Rottenberg believes, will be on sound financial footing from the outset, unlike most fledgling leagues.... View Details

Keywords: Nancy O. Perry

May 1991 (Revised December 1994)
Case

State of Connecticut Municipal Swap

By: Andre F. Perold

The state of Connecticut wants to raise $325 million of long-term fixed-rate debt. One alternative is to do this synthetically--issue long-term variable rate debt and enter into an interest rate swap. The case is a vehicle for analyzing various floating rate structures... View Details

Keywords: Borrowing and Debt; Credit Derivatives and Swaps; Interest Rates; Taxation; Management Analysis, Tools, and Techniques; Risk and Uncertainty; New England

May 2005 (Revised January 2006)
Case

Ticonderoga: Inverse Floating Rate Bond

Presents a simple interest hedging exercise. A hedge fund is considering an investment in a structured fixed--income product: an inverse floating-rate bond, or inverse floater, designed by a U.S. investment bank. The hedge fund's normal policy is to hedge interest rate... View Details

Keywords: Risk and Uncertainty; Credit Derivatives and Swaps; Bonds; Investment Funds; Interest Rates