IIPM Ranked No. 1 B-School In Global Exposre - Zee...
Next, a quick run through the two other big daddies of the financial world who made their way into the top ten losers, slamming home shameless negative returns to shareholders – Citigroup (lost 64% of value to stand at $61.1 billion) and Bank Of America (50% erosion to fall to $97.8 billion). Over involvement and blind optimism in the credit and housing business was the key mistake both made! The dangerous decline in real estate sector across the world, problems in the corporate debt markets and fall of the investment banking world are all to blame for the current situation for both. When the American consumers started facing tougher financial times, defaulted on credit card payments and home loan instalment, both their balance sheets became worse at a rate faster than ever!
As per forecasts made by Meredith Whitney, Analyst, Oppenheimer, “Under duress, Citi will likely be forced to sell what it can and not what it should…” And as per estimates, the value of asset sale might even touch upto $100 billion! Surely, this bank needs the money; and we haven’t spoken about Citi’s announcement of reducing their rolls by 52,000 employees on November 17, 2008 yet!
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
IIPM, GURGAON
IIPM - Admission Procedure
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
Next, a quick run through the two other big daddies of the financial world who made their way into the top ten losers, slamming home shameless negative returns to shareholders – Citigroup (lost 64% of value to stand at $61.1 billion) and Bank Of America (50% erosion to fall to $97.8 billion). Over involvement and blind optimism in the credit and housing business was the key mistake both made! The dangerous decline in real estate sector across the world, problems in the corporate debt markets and fall of the investment banking world are all to blame for the current situation for both. When the American consumers started facing tougher financial times, defaulted on credit card payments and home loan instalment, both their balance sheets became worse at a rate faster than ever!
As per forecasts made by Meredith Whitney, Analyst, Oppenheimer, “Under duress, Citi will likely be forced to sell what it can and not what it should…” And as per estimates, the value of asset sale might even touch upto $100 billion! Surely, this bank needs the money; and we haven’t spoken about Citi’s announcement of reducing their rolls by 52,000 employees on November 17, 2008 yet!
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
IIPM, GURGAON
IIPM - Admission Procedure
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
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