By Halah Touryalai, Forbes Staff
During a lesson on credit one of Stuart Ritter‘s college students raised her hand and asked him to clarify what he meant by “carried balance.” He explained that if she were to swipe her credit card for a $10 meal and then pay the credit card company $8 that month then she’d receive a bill for the remaining $2, or the carried balance. Her response: What do you mean they send a bill? …read more
Source: FULL ARTICLE at Forbes Latest
By Steve Schaefer, Forbes Staff
During a recent visit to Forbes, Nielsen Holdings CFO Brian West shared his insight into the company’s journey from a leveraged buyout to a 2011 IPO. We discussed paring down debt, delivering a dividend and the company’s recent $1.3 billion deal for Arbitron. …read more
Source: FULL ARTICLE at Forbes Latest
During their epic CNBC showdown, hedge fund manager William Ackman almost seemed to be daring Carl Icahn, saying “he can try to scare my investors, which it sounds like he is attempting to do. We take prudent risk at Pershing Square.” …read more
Source: FULL ARTICLE at Forbes Latest
By Steve Schaefer, Forbes Staff During the financial crisis, many U.S. financial institutions chafed when regulators and lawmakers pushed for tighter restrictions on compensation and bonuses. Stricter limits, they said, would result in a loss of talent to foreign rivals willing to pay up.
Source: FULL ARTICLE at Forbes Latest
