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A Much better from the financing side.
From the financing side, the centrality of tax equity contrasts with European government incentives.
Along with the cash flow from the financing side of the business, he figures, the time-share operation is worth $2.4 billion, or $12.77 a share, even if Wyndham never builds another unit.
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The company says it only needs some $2.7 billion in additional capital for the finance side, which it can raise from operating profits.
That is mainly a byproduct, they said, of losses from the finance side of the business being used to lower the effective tax rate on profits from the industrial side.
But Mr. Noto said Mobil, owing perhaps to its physical proximity to the banking and accounting industries in New York, was mainly run by people from the finance side like Mr. Murray.
More than $7 billion of that was dividends from the finance side, which the company has since cut back, and another $4 billion came from a mismatch between when it received cash from customers and when GE reported it as revenue.
That's a big investment, especially on the financing side.
I was good at the finance side, raising money from investors.
I had a dual degree from Penn in engineering and finance, and I focused more on the finance side when I went to Blackstone.
I was on the finance side.
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