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AFP Update: Credit Crisis

AFP Update: Credit Crisis
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Non-Members: Summaries are free to registered users. Full text of AFP articles referenced in the newsletter are accessible only to AFP members.
Format: E-newsletter
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Summary

 

This occasional text e-newsletter compiles AFP's content on the aftermath of the subprime mortgage debacle from a treasury and finance perspective.

Rather than a summary of the world's financial news on the subject, it is focused specifically on AFP's commentary and response. Links are provided to selected AFP articles, commentary, advocacy efforts and regulatory news that would be of interest to financial professionals on the job.  Please note that most of the articles referenced are accessible only to AFP members.

The same information is available online through AFP's Web site.

EXCERPT

"A common refrain from corporate treasurers is 'We don't want to take risk with our investment portfolios. We would rather take the business risk, which we understand.' Unfortunately for many, recent events have required corporate treasury staffs to devote additional time and attention to the very issue they sought to minimize: investment risk."