Hints and tips:
...As proposed, it’s just a banknote that’s on your phone rather than under your mattress....
...The way to think about it maybe was sort of a mattress on the highway. People did find a way around, but there was a big disruption in the flow of capital in the Treasury market that day....
...But their large deposits exceeded the Federal Deposit Insurance Corporation’s insurance limits and were susceptible to flight....
...However, the First Boston Corporation had been based in Manhattan for decades....
...In the meantime, Ed, are you keeping more cash under the mattress these days? Or do the English do it differently?...
...But the fossil fuel has also quietly seeped into other aspects of our lives: from paint, washing detergents and nail polish to plastic packaging, medical equipment, mattress foams, clothing and coatings...
...In the summer of 2018, MacConaill took on the debtor side of the Mattress Firm bankruptcy....
...Choosing is a bit like picking a mattress — some prefer soft, some prefer firm....
...Global banks are looking at substantial losses on loans to a company that has been a serial acquirer in recent years of assets including a US mattress group and the UK high-street discounter, Poundland....
...In the US, mattress maker Simmons Bedding, which was bought and sold by private equity owners seven times in 20 years, filed for Chapter 11 bankruptcy protection in 2009 and more than 25 per cent of the...
...Now its image is in tatters, making a mockery of pretensions among the country’s corporations to criticise the culture of impropriety in the African National Congress....
...Mr Wiese, who owns 16 per cent of Shoprite, had received the support of South Africa’s powerful Public Investment Corporation, which manages the assets of the government’s employee pension fund and holds...
...It also continues a dealmaking spree by Steinhoff, which has expanded its discount retail model beyond South Africa in recent years, including acquiring Poundland in the UK and Mattress Firm in the US....
...She now has a new initiative, Bias Interrupters, to encourage corporations to hire and promote more women, minorities and WWC people....
...JPMorgan did not reveal what was stuffed under its mattress until it suited the bank’s management to unveil a vast $23bn legal war chest....
...Ares has previously invested in General Nutrition Centers, Samsonite and mattress manufacturers Serta and Simmons....
...Even David Einhorn, the hedge fund investor who wants Apple to issue new preference shares with a 4 per cent yield, says it should keep $20bn under the mattress....
...If you buy securities from someone else, the seller might put the cash in his mattress, or put it in a bank that just adds it to its reserves, etc., etc.....
...Perhaps an investor would be more comfortable with a $100 bill at home in a mattress than a $100 bill on deposit with a broker – Securities Investor Protection Corporation notwithstanding....
...What’s more, mattress stocks are hardly insured, and thus not necessarily preferable....
...In Mexico, corporations may be better poised to address social concerns...
...“I can assure you that it is safer to keep your money in a reopened bank than under the mattress,” he said....
...which may — or may not — explain the recent plunge in top-quality bond yields: Over the past year, treasurers and CFOs have increasingly pursued the corporate equivalent of putting their money under the mattress...
...Without them we would have to keep whatever we use as money under the mattress or in corporate storerooms....
...It is not yet time to stuff cash inside the mattress....
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