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The price of victory may be high, measured in weakened balance sheets, the fire sale of assets and wholesale layoffs.
In a June report Moody's said institutions of higher education overall were experiencing weakened balance sheets and lessened institutional wealth.
Continued pressure on sales, uncertain demand recovery, weakened balance sheets and tight credit access, especially for smaller firms, imply that firms will continue to shed jobs through 2009.
With Bear plagued by litigation threats and a weakened balance sheet, Mr. Cayne is no longer holding all the cards.
Vikram S. Pandit, the bank's chief executive, has been looking to sell some $400 billion worth of assets to shore up a weakened balance sheet.
Instead, the German approach offers 400 billion euros in guarantees for inter-bank loans and another 80 billion euros for direct injections of capital to restore weakened balance sheets and purchase the toxic, illiquid assets that have already forced several German banks to the brink of collapse.
Similar(52)
"We highlight that a weakening balance sheet is a key concern," they wrote.
"In fact, its value in domestic currency terms has grown in line with the US dollar's appreciation, weighing on financial conditions and weakening balance sheets".
The extra incentive to declare dividends will weaken balance sheets and increase borrowing, which will also have an upward push on interest rates.
In 1996, Apple faced a crisis, with shrinking sales of its niche computers and a weakening balance sheet that earned a junk credit rating.
Mortgage-backed securities have plunged in value in a credit squeeze brought by low-quality mortgages in the United States, leading to a vicious circle of forced sales, falling prices and weakening balance sheets for banks.
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