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The company said it planned to exit most of its unprofitable international markets.
After an exit most of this would probably never be repaid.On top of that, there is the exposure of the private sector.
C1 Riggs to Quit Embassy Banking The Riggs National Corporation, mired in a federal investigation into possible money laundering and terrorist financing, said that it planned to sell or exit most of its venerable embassy and international banking operations.
"Catalyst has made a strategic decision to exit most of its media buying and planning business and will concentrate on its other existing business," said Frank Muratore, chief executive of Catalyst.
[Page A1.] Riggs to Sell Many Overseas Units The Riggs National Corporation, mired in a wide-ranging federal investigation, said it planned to sell or exit most of its embassy and international banking operations.
The American Home Products Corporation will exit most of its generic pill and capsule business, cutting 240 jobs, and is considering selling its line of generics delivered by injection.
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Years ago, for example, we did very well owning a few of the upstart discount airlines, but as competition heated up, it became much less clear who was the discount provider and we ended up exiting most of those issues.
In 20 minutes, you will probably figure out a dependable way to exit most bunkers, perhaps for the rest of your life.
A few of the services might make an exit, and most of them are probably not going to have one, and some are just for fun.
The loss of Edwards could cue up the Clinton exit that most of official Washington has expected since her lacklustre performance in North Carolina and Indiana.
This is due in part to CVC's ability to wait patiently for startup ventures to build their businesses, and also partially because corporations are often the most likely exit for most of these ventures.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com