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  • All HBS Web  (1,605)
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  • All HBS Web  (1,605)
    • People  (1)
    • News  (249)
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    • Multimedia  (14)
  • Faculty Publications  (854)
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  • January 1987 (Revised March 1989)
  • Background Note

Note on the Pricing of Mortgage-Backed Securities

By: Jay O. Light and Jeremy C. Stein
An introduction to mortgage-backed securities, prepayment risk, and their market pricing. View Details
Keywords: Price; Debt Securities; Mortgages; Financial Services Industry
Citation
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Light, Jay O., and Jeremy C. Stein. "Note on the Pricing of Mortgage-Backed Securities." Harvard Business School Background Note 287-060, January 1987. (Revised March 1989.)
  • Portrait Project

Christopher Maloney

troubled home. That set me on a mission. Today, working to solve problems that others call "hopeless" or "unsolvable" is what gets me out of bed every morning-challenges such as huge debt burdens, nations at war for... View Details
  • Web

VCPE Database Comparison | Baker Library

total) \# VCPE firms 63K 28K 31K 44K \# VCPE funds 115K 124K not available 50K \# deals 325K VC 376K Corp/Strategic M&A 142K Buyout 75K Private Debt 72K IPO 146K PE/Buyout 319K VC 20K Private Debt 106K Real... View Details
  • Portrait Project

Jake Cusack

local dress and armed with a notebook instead of combat fatigues and an M4 rifle. I work with local entrepreneurs, who dream of creating a more prosperous and peaceful life. Their optimism can heal wounded spirits and fragile countries. When great sacrifices are made,... View Details
  • Fast Answer

Private companies: fast growing

Companies, Small Giants: Best Small Companies) Fortune Rankings (ex: 100 Fastest Growing Companies) Inc. 5000 FormDs.com  Nearly all startups and investment firms file Form Ds with the SEC when they raise money.  Form D filings contain:... View Details
  • 08 May 2019
  • News

Fellowships Fuel a Passion to Help Underserved Communities

of these experiences has cost ramifications,” she explains. “My fellowships have taken some of the pressure off. Otherwise, my choices would have been driven more by debt than by the difference I want to make in the world.” Asamoah... View Details
  • March 2018 (Revised January 2019)
  • Case

The TARP Bailouts: Saving the Banking and Automotive Industries

By: Kristin Mugford
Comparison of the U.S. Government response, using the $700 billion TARP fund, to downturns in the banking and auto industries during the global financial crisis. View Details
Keywords: Bailout; Financial Crisis; Borrowing and Debt; Banks and Banking; Government and Politics; Debt Securities; Government Legislation; Public Opinion; Auto Industry; Banking Industry; United States
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Mugford, Kristin. "The TARP Bailouts: Saving the Banking and Automotive Industries." Harvard Business School Case 218-107, March 2018. (Revised January 2019.)
  • 01 Jul 2014
  • First Look

First Look: July 1

a mix of both. Wherever clubs fall on this spectrum, having a strategy that recognizes the global importance of stars is critical to long-lasting financial success. August 2013 Journal of Finance A Comparative-Advantage Approach to Government View Details
Keywords: Carmen Nobel
  • 14 Jun 2016
  • First Look

June 14, 2016

https://www.hbs.edu/faculty/Pages/item.aspx?num=50814 Fiscal Rules and Sovereign Default By: Alfaro, Laura, and Fabio Kanczuk Abstract—We provide a quantitative analysis of fiscal rules in a standard model of sovereign debt accumulation... View Details
Keywords: Sean Silverthorne
  • 01 Dec 2008
  • News

A U.S. Turnaround?

overburdened by debt is that it has steadily taken more borrowing to finance our growth. In the 1950s the economy grew by 73 cents for each dollar of added debt. In the 1960s it was 65 cents. By the 1980s it was only 34 cents, and so far... View Details
Keywords: Byron Wien; Performing Arts, Spectator Sports, and Related Industries; Arts, Entertainment; Computer and Electronic Product Manufacturing; Manufacturing; Transportation Equipment Manufacturing; Manufacturing; Electric Power Generation, Transmission, Distribution; Utilities
  • October 2014
  • Supplement

Financial Policy at Apple, 2013 Powerpoint Supplement

By: Mihir Desai and Elizabeth A. Meyer
This is the PowerPoint supplement to the teaching note: Financial Policy at Apple, 2013 (A) - (B), number 215-022. View Details
Keywords: Apple; Steve Jobs; Forecast; Forecasting; Forecasting And Prediction; Shareholder Activism; Share Repurchase; Dividends; Financial Ratios; Preferred Shares; Cash Distribution; Corporate Finance; Borrowing and Debt; Financial Management; Financial Strategy; Technology Industry; Consumer Products Industry; United States; Republic of Ireland
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Desai, Mihir, and Elizabeth A. Meyer. "Financial Policy at Apple, 2013 Powerpoint Supplement." Harvard Business School PowerPoint Supplement 215-023, October 2014.
  • October 2014
  • Teaching Note

Financial Policy at Apple, 2013 (A) and (B)

By: Mihir A. Desai and Elizabeth Meyer
This is the teaching note to HBS case 214-085: Financial Policy at Apple, 2013 (A). View Details
Keywords: Apple; Steve Jobs; Forecast; Forecasting; Forecasting And Prediction; Shareholder Activism; Share Repurchase; Dividends; Financial Ratios; Preferred Shares; Cash Distribution; Corporate Finance; Borrowing and Debt; Financial Management; Financial Strategy; Technology Industry; Consumer Products Industry; United States; Republic of Ireland
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Desai, Mihir A., and Elizabeth Meyer. "Financial Policy at Apple, 2013 (A) and (B)." Harvard Business School Teaching Note 215-022, October 2014.
  • May 1974
  • Article

On the Pricing of Corporate Debt: The Risk Structure of Interest Rates

By: Robert C. Merton
Keywords: Price; Borrowing and Debt; Risk and Uncertainty; Interest Rates
Citation
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Merton, Robert C. "On the Pricing of Corporate Debt: The Risk Structure of Interest Rates." Journal of Finance 29, no. 2 (May 1974): 449–470. (Chapter 12 in Continuous-Time Finance.)
  • 01 Sep 2003
  • News

Jonathan Mariner

negotiated as part of last year’s collective bargaining agreement will usher in a new era of fiscal responsibility. “Those measures — luxury taxes, revenue sharing, and debt limits — have teeth,” Mariner notes, “and a large part of my job... View Details
Keywords: Deborah Blagg; Performing Arts, Spectator Sports, and Related Industries; Arts, Entertainment
  • 07 Apr 2015
  • First Look

First Look: April 7

2015 Journal of Financial Economics The Ownership and Trading of Debt Claims in Chapter 11 Restructurings By: Ivashina, Victoria, Benjamin Iverson, and David C. Smith Abstract—What is the ownership structure of bankrupt View Details
Keywords: Sean Silverthorne
  • 1994
  • Chapter

International Experiences with Securities Transaction Taxes

By: K. A. Froot and J. Campbell
Keywords: Corporation Taxation; Interest Deductibility; Cost Of Capital; Corporate Finance; Accounting; Borrowing and Debt; Financing and Loans; Interest Rates
Citation
Related
Froot, K. A., and J. Campbell. "International Experiences with Securities Transaction Taxes." In The Internationalization of Equity Markets, edited by J. Frankel, 277–308. University of Chicago Press, 1994. (Revised from NBER Working Paper No. 4587, December 1993; also featured in The NBER Digest, May 1994.)
  • February 1997
  • Background Note

Savings and Loans and the Mortgage Markets

By: Robert C. Merton and Alberto Moel
Provides a brief overview of the history of the savings and loans, the savings and loans crisis of the 1980s and 1990s, and the creation of the mortgage markets in the United States. Also explains briefly the most common types of mortgage-backed securities available. View Details
Keywords: History; Debt Securities; Markets; Mortgages; United States
Citation
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Merton, Robert C., and Alberto Moel. "Savings and Loans and the Mortgage Markets." Harvard Business School Background Note 297-090, February 1997.
  • 01 Dec 2017
  • News

Record-Breaking Gift for Fellowships

father had to take on loans, and it was his dream to have his own children attend college without the burden of debt or having to work during school,” said Jeannie, noting that her father became an investment banker partly in order to... View Details
  • September 1999 (Revised November 1999)
  • Case

Maxwell Shoe Company, Inc.

By: Krishna G. Palepu
This case examines analysts' claim that Maxwell's stock was undervalued. View Details
Keywords: Debt Securities; Stocks; Valuation; Apparel and Accessories Industry
Citation
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Palepu, Krishna G. "Maxwell Shoe Company, Inc." Harvard Business School Case 100-038, September 1999. (Revised November 1999.)
  • 01 Dec 2002
  • News

The Campaign for Harvard Business School

student debt is rising steeply. Last year, nearly half of all MBA students received support from fellowships — need-based grants applied directly to their costs. The average fellowship grant for members of the Class of 2003 was more than... View Details
Keywords: Colleges, Universities, and Professional Schools; Educational Services; Religious, Grantmaking, Civic, Professional, and Similar Organizations; Personal Services
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