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Following the financial crisis of 2007–2008, and allegations over excessive executive pay, demand for products dropped. Anglo Irish Bank: Ireland: 15 Jan 2009: Banking: After the financial crisis of 2007–2008, the bank was forced to be nationalised by the Irish government. Arcandor: Germany: 9 June 2009: Retail
When the LIP factory in France decided to close a factory due to financial problems in the late 60s and early 70s, strikes and a very public factory occupation eventually transferred control and management of the factory to the workers. See LIP (company)
For example, the wrong distribution of responsibility, to be remiss with payments, bills and taxes and neglecting responsibility, financial problems and economical standing can cause great financial mismanagement and further on devastate your economy. By looking to various cases where the financial management has gone wrong we will be able to ...
A new joint investigation by American Banker and the San Antonio Current details the organization’s many problems and how the bank and insurer is currently “navigating a minefield of its own ...
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The 2008–2010 automotive industry crisis formed part of the 2008 financial crisis and the resulting Great Recession. The crisis affected European and Asian automobile manufacturers, but it was primarily felt in the American automobile manufacturing industry. The downturn also affected Canada by virtue of the Automotive Products Trade ...
In 1946, the company was named Indústria de Papel Leon Feffer (IPLF). [4] He encouraged his son Max, who was studying at the Juilliard School of Music, to help him find a local substitute for pine fiber. [3] Max, working with biologists at the University of Florida, determined that eucalyptus pulp was a good substitute for pine pulp. [3]
On April 30, 2010, LyondellBasell emerged from Chapter 11 bankruptcy protection in a significantly improved financial position. As part of its exit financing, LyondellBasell raised $3.25 billion of first-priority debt, as well as $2.8 billion through the rights offering jointly underwritten by Access Industries, Apollo Management , and Ares ...