CEO Retirement Compensation: Is Inside Debt Excess Compensation or a Risk Management Tool?
That term may have negative connotations in the United States, particularly after the last decade of debt excess.
What this development does suggest, though, is that the last of the three excesses that have burdened the economy since 1990 excess corporate debt, excess capacity and excess labour may now finally be on the point of elimination.Elimination is probably too strong a word, for whether something is excessive is a subjective question.
Jonathan Freedland's CiF that the debt, excess and exploitation is not just down to Dubai, we've all had a slice of this pie, got clemsworld thinking: "The $64,000 question is precisely who exactly is the mythical loan shark that we (as a global community who have 'all been at it') owe all this money too exactly?
Financial literacy is critical to avoiding high levels of debt, excess fees for financial products, accessing credit and saving for retirement.
Items such as off-balance sheet debt, excess cash, deferred tax assets, and more represent hidden assets and liabilities that accounting book value overlooks.
As rates rose steadily last year and as some companies have to refinance debt, excess cash will be for debt repayment (31%), followed by capital expenditures (CAPEX) (29%), and holding cash for future investments (24%).
This reorientation has happened because Germany avoided the debt excesses, both private and public, that inhibit growth elsewhere.
But that leads us back to what we should do about debt excesses if we can't use monetary or fiscal policy?
The previous record was held by Alabama's Jefferson County, which filed for bankruptcy with debts in excess of $3.1bn.
