Don't worry, company balance sheets are strong. Corporate bond investors have been repeating this mantra since the start of the financial crisis. The only problem is that it is starting not to be true.
A strengthened housing market is lifting property values and helping Americans repair their balance sheets, a trend that could spur the economy by making households more willing to spend.
James Kinney says he was surprised by high volume of excess accounting reserves, describes his role in preparing companys controversial financial results in 2002
Synopsis:
Two trends in technology are on a collision course, promising to make 2012 a year to remember.
Where will all that cash go?
By Doug Hornig
There are two trends in the world...
Oops! Unable to complete your request. Please refresh your browser.