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Latest Murillo Campello Stories

2010-10-05 19:20:34

When the economy sours, small firms seeking credit tend to face higher costs of financing, leading them to reinvest their profits before they pay off creditors, according to research published by a University of Illinois finance expert. Small firms, especially those considered financially constrained as a result of their size, low dividend payment or lack of bond rating, often become bogged down in debt because they "get hooked on cheap money, when they can find it" says U. of I. finance...

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2010-03-16 14:50:00

Questionable lending helped sink the U.S. economy, but also provided a lifeline that kept countless firms afloat and averted an even deeper recession, according to research by a University of Illinois finance expert. Murillo Campello says a survey of corporate executives found that many small and mid-sized firms survived the economic storm by tapping easy, low-cost lines of credit locked in ahead of the downturn, during an era of loose lending that also included sub-prime home...


Word of the Day
snash
  • To talk saucily.
  • Insolent, opprobrious language; impertinent abuse.
This word is Scots in origin and probably imitative.