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Counting on a recovery, banks often lent more to distressed borrowers or tucked problem loans out of sight in subsidiaries.
Enron filed for bankruptcy in 2001 after it hid losses in subsidiaries with the aid of accountants from Arthur Andersen.
Then came top management jobs in subsidiaries in the United States, the largest health care market in the world.
Mr. Carson has also eliminated some layers of corporate management and pushed more responsibility to executives in subsidiaries.
A Senate proposal calls for Wall Street firms to wall off their derivatives businesses and place them in subsidiaries requiring substantially more capital.
Vedanta Resources fell 148p to £15.99 as it launched a $1.25bn convertible bond to help finance possible acquisitions and to increase its stakes in subsidiaries.
Similar(21)
The company also announced a non-cash impairment charge of £700m, against the value of investments in subsidiary companies.
These nonauto businesses are housed in subsidiary units, some of them listed.
Their velocities relative to the North America and Pacific plates are given in subsidiary documentation to Bird and Rosenstock (1984).
Last month, the Japanese financial giant agreed to buy the remaining shares it didn't own in subsidiary UnionBanCal.
Since in the present context workers at each plant are perfect substitutes in production activity, an increase in subsidiary (i)'s wage rate raises the labor demand at subsidiary (j )(and vice versa): that is, ({partial l_j }/{partial w_i >0}).
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