Commercial financing has changed dramatically during the past few months. The net result has been a reduction in commercial lenders as well as stricter standards for acquiring commercial loans and commercial mortgages. Unfortunately there has also been no shortage of misinformation about the availability of commercial funding, so an important change issue is to realize [...]
DAY’S MIRACLEBy Wendell W. SolomonsFrom 3,000 word alert of July 28th, 1992 to ‘Moscow News’ and World Bank Chief EconomistThese jointly owned public assets hold, for example, the lifetime savings of engineers, doctors, teachers, technicians and other workers. In the particular case of divesting these assets into private ownership, careful costing is also required so [...]
New developments in science and technology are bringing about sweeping changes to the world economy. These changes are ushering in a new economy by fostering innovations in business models, business concepts, products and services. Development of the new economy calls for a constant inflow of capital.Venture capital financing, a specialized form of financing, has come [...]