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Hedge funds may also create complex financial structures, which may turn out to haunt the borrower.
Raising big money requires careful market research, well thought-out business plans, top-notch founding teams, sagacious boards, quarterly performance reviews, and devilishly complex financial structures.
It is impossible to tell how much Tony Blair Inc is worth exactly because his finances are carefully hidden behind complex financial structures.
In his article, Mr. Berardino blasted the "broken financial-reporting model," which he called "out of date and unresponsive to today's new business models, complex financial structures and associated business risks".
It also hopes that tighter budgets may prompt governments to continue to flog assets.Long-term concerns over Macquarie's model are bound to persist for as long as the world is worried about financing, accounting, disclosure and complex financial structures.
To criticize a housing secretary for not being able to anticipate that Wall Street investment banks would devise complex financial structures whose profitability depended solely on abusive, faulty loans five years before such instruments existed is absurd.
Similar(51)
They are complex financial structured products because they are neither plain bonds nor stocks.
Mr. Diller is under no particular pressure to pull InterActive out of the relationship, although several analysts note that the company's complex financial structure would be clearer if he no longer had the illiquid Vivendi assets.
The complex financial structure of yesterday's deal gives Microsoft some USA Networks shares outright and warrants to buy more, as well as a new class of USA Networks convertible stock.
The announced price will reflect the complex financial structure Zell has been deploying in negotiations to limit his tax liabilities, much as he did last year when he sold Newsday to Cablevision for $650 million.
"There was no complex financial structuring such as you would find among drug smugglers or money launderers," says Mark Pieth, chairman of the working group on bribery at the OECD.
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