"You had one extremely bad apple, but there's going to be enormous disruption in the market," said an executive at a competing health care receivables company, who asked not to be named.
"The industry needs somebody with a stronger reputation to come to the forefront than what's there right now," laments Michael Lane, a veteran of health care receivables securitization who works for American Express' tax and business services division in Chicago.
"I guess there are investigations going on now to see what really is the true nature of the receivables," says Eisbruck, who acknowledged in an Oct. 30 conference call that Moody's "underestimated liquidity pressure NCFE faced".
It then packages those receivables into bonds and sells them to investors, who receive interest derived from the insurance payments.
It then packaged those receivables into collateral for bonds and sold the bonds to investors, who received interest derived from the insurance payments.
Take Carolyn Torino, an accounts receivable representative from Hillburn, N.Y., who last year booked tickets on Continental from Newark to New Orleans for Mardi Gras for herself, her mother and 10-year-old son.
The company wants to help accounts receivable teams when it comes to tracking who owns what.
This time our brawny and lion-hearted accounts receivable manager raps serious with a kid who's a got a sinewy log of shit for a dad..
This time our brawny and lion-hearted accounts receivable manager raps serious with a kid who's a got a sinewy log of shit for a dad... Hey Ron! My dad is a fuck-up who says I can't do anything right, even though he's a drunk who I am pretty sure hits his wife.
A single mother who had worked in the accounts receivable department of Renaissance Cruises, which is based in this tourist city, Ms. Phillips had to decide what bills she could delay paying.
