Publications

2015
Working Paper

Collateral Shortages and Intermediation Networks

By: Marco Di Maggio and Alireza Tahbaz-Salehi

This paper argues that in the presence of trading frictions and agency problems, the interbank market may be overly fragile, in the sense that small changes in the liquidity of assets used as collateral may lead to large swings in haircuts and a potential credit... View Details

Keywords: Financial Intermediation; Financial Networks; Secured Lending; Collateral; Repo Runs; ABCP Collapse; Networks; Negotiation; Financing and Loans; Financial Crisis

January 2012 (Revised June 2015)
Background Note

Inventory-Based Lending Industry Note

By: C. Fritz Foley, Ananth Raman and Nathan C. Craig

Inventory-based lending is a form of asset-based lending used by retailers and wholesalers. This note describes the development and the current state of the inventory-based lending industry. View Details

Keywords: Banks and Banking; Financing and Loans; Banking Industry

November 2005 (Revised December 2007)
Case

Motion Computing, Inc. -- 2004

By: William A. Sahlman and Caroline Perkins

Scott Eckert, the co-founder and CEO of Motion Computing, must decide whether to raise additional capital to support growth. Motion manufactures and distributes Tablet PCs. If the company opts to raise money, it must decide on the source and terms of the financing. View Details

Keywords: Risk and Uncertainty; Financing and Loans; Financial Strategy; Manufacturing Industry; Computer Industry; United States

23 Nov 2015
News

Former SBA Chief Weighs in on the Rapidly Changing World of Financing

02 Feb 2012
Op-Ed

Once a Castle, Home is Now a Debtors’ Prison

owner must pay the lender the difference. Owners will still need to find someplace else to live. An owner can walk away from the loan and join the "strategic defaulters," who defaulted not because they could not pay but because... View Details

Keywords: by Nicolas P. Retsinas; Financial Services; Construction; Real Estate

01 Sep 2010
News

Noted & Quoted

“If I had been leaving Harvard in 2010, this would be the area I would want to be going into.” — Sir Ronald Cohen (MBA ’69), a founder of the European venture capital industry, referring to his latest venture, Social Finance, a social investment bank. (London... View Details

Keywords: Securities, Commodities, and Other Financial Investments; Finance; Hospitals; Health, Social Assistance

30 Dec 2013
HBS Case

HBS Cases: What Warren Buffett Saw in Newspapers

course. Buffett's motivation is only one of the many factors that Media General's president and CEO, Marshall Morton, has to weigh in the case. Eight days from a deadline to repay a $225 million loan or trigger a crippling default on an... View Details

Keywords: by Deborah Blagg; Journalism & News; Publishing

Web

Simone Leigh Sentinel (Mami Wata) 2020-21 | About

Simone Leigh Sentinel (Mami Wata) , 2020-21 Simone Leigh (American, born 1967), Sentinel (Mami Wata) , 2020-21, Bronze, 194 x 64 x 28 inches. Loan of Bridgitt and Bruce Evans . © Simone Leigh 2023 . Simone Leigh (American, born 1967),... View Details

Web

3.1 Student Accounts | MBA

on the Student Account. Any returned checks submitted as payment for students’ bills will be redeposited; there is a charge assessed for dishonored checks. If students’ scholarships/fellowships and loans are greater than the amount due on... View Details

01 Mar 2016
News

Credit, Decoded

Collections) B[ernard] & A[lvin] Soulie Merch[an]ts Ex[change] Brokers &c 84 Bienville May 30 /[18]54 F M C [Free Men of Color], age 45 to 50. Bro[ther]s. Are agents for some large estates. loan money on p[ro]p[ert]y &c. [etc.] Are v[er]y... View Details

23 Oct 2012
First Look

First Look: October 23

leads the loan syndicate (parent-financed deals). Bank-affiliated deals are similar in characteristics and financing to stand-alone deals but have worse outcomes if consummated during the peaks of the credit market. Parent-financed deals... View Details

Keywords: Sean Silverthorne

15 Apr 2022
News

Funding His Purpose

money.’” In the years since, SITAWI has evolved to meet the ever-changing needs of the Brazilian nonprofit and for-profit positive impact community. It is now, in part, a lending platform. Instead of directly making loans, the organization provides the infrastructure... View Details

February 2021
Case

Lidya: Bringing Nigerian FinTech Innovation to Global Small and Medium Enterprises

By: Lauren Cohen and Spencer C.N. Hagist

Lidya CEO Tunde Kehinde must size up options for the expansion of his novel lending practices that drastically reduce the credit cycle in his developing Nigeria, and determine if expansion into Eastern Europe will prove successful or disastrous. View Details

Keywords: Fintech; Economics; Entrepreneurship; Financing and Loans; Strategy; Expansion; Nigeria

March 1999 (Revised March 2004)
Case

Georgian Glass and Mineral Water

Georgian Glass and Mineral Water (GGMW), was created in 1995 by a Georgian entrepreneur and Western investors in Georgia (former Soviet Union) to bottle and market the famous mineral water from the Borjomi valley. At the height of the Soviet Union's power, Borjomi was... View Details

Keywords: Privatization; Emerging Markets; Financing and Loans; Distribution Industry; Food and Beverage Industry