FastCompany RSS


FC Member Blog

6 C's of finance in drain- Robin Trehan

BY Robin TrehanSun Oct 11, 2009
This blog is written by a member of our blogging community and expresses that member's views alone.

Let see, what is the problem in the finance.  The 6 C's of Credit,
Character, Cash Flow, Collateral, Conditions and Capital, and customer.

1- Credit - There is none. Tax payers are bailing out without even there consent!

2- Character- it is matter of laugh on wall street.

3- Cash Flow- Based on what assets the banks and other financial
institutions have it will be a joke too. Most assets are illiquid to
hill.

4- Collateral- For underwriting and worried about collateral. Any appraisal for any bank!

5- Capital- Tax payers capital going in drain!

6- Customer- God help here. All shareholders have been eaten by greed. Now customers paying for management salaries and bonuses.Robin Trehan, more information on www.LatestBusinessReport.com