The financial crisis of 2008 was building for a long time, but Sept. 15, the day Lehman Brothers went under, may be considered the day all hell officially broke loose. What at first seemed to be a banking crisis rapidly spread, as everyone knew it would, from Wall Street to Main Street, pummeling corporate America.
We doubt any reader would want to relive the past several months by reading any of our news articles, so we include here some of the most popular articles about how to deal with the crisis and its impact on your company’s strategy, operations, and finances.
Regulators will heavily scrutinize management’s discussion about cash access in next year’s filings, attorneys predict.
Looking for year-end cash? Make all the right tax moves — from changing your accounting to buying capital equipment now, rather than later — and you may strike a hidden cash vein.
Companies contemplating layoffs must consider a variety of issues, not all of which fit into a spreadsheet.
The nation’s top accounting guru gets back to basics with a list of financial lessons we must remember not to forget.
Newly appointed bank CEO Gerrit Zalm, who also chairs the trustees of the International Accounting Standards Board, says that the credit crisis is a regulatory problem, not an accounting one.
Raters become the first industry to be handed new regulations as a result of the credit crisis.
Panic then and now — the enduring legacy of 1907.
The financial crisis obliterated corporate forecasts. Now, CFOs struggle to assess what lies ahead.
Bank-client relationships are fraying, and TARP capital will do little to stimulate lending to companies in need of funds, say finance chiefs.
Because of the current fragility of investor confidence, regulators should hold steady on current mark-to-market standards, many feel.