consumers are willing to pay less money if uncertainty about the product's quality is high. At the beginning of this century , financial markets were negatively surprised by several large cases of fraud, for example Enron and Ahold (OTCQX: AHONY ). Since
said the first lesson he would point to is the fact that companies have managed to emerge — even from a once-in-a century financial crisis — with profitability intact. “We’ve never had a rising tide or tail-winds the entire time we’ve been investing
NEW YORK, Jan 25 (Reuters) - Credit Suisse Group Inc faces a potential $2 billion of exposure over fraud that occurred a decade ago at National Century Financial Enterprises, a result of a federal...
returns, Aster's stock-picking has largely been on the mark, too. A smattering of top holdings, including Pacific Century Financial boh, Electronics Boutique elbo, and Regis rgis boast strong gains. As a result, the fund has dropped just 8% for the
generally been on the mark. Although top-holding McLeodUSA MCLD has stumbled badly in 2001, other picks such as Pacific Century Financial BOH have delivered solid double-digit returns, and sizable energy and financials stakes have helped limit the fund