Month: April 2014

Irrational actions always precede Insolvency

Albeit the example below is a US issue, irrational actions will oft times precede insolvency irrespective of whether the potentially insolvent party is an individual consumer, corporate customer or, in the example cited below, a sovereign government.   The key takeaway here for our clients is to be wary when customer behavior makes sudden change from…

read more

Does reality match the balance sheet?

The world’s perception of fashion designer L’Wren Scott was that she was a 1-percenter.  A gold-plated member of the international elite.  Mike Jagger as a boyfriend, lounging about poolside, gold jewelry, Louis Vuitton handbag and designer sunglasses.  From the rest of the world’s view a life of luxury and wealth. Tragically in mid-March she committed…

read more