Mark Leslie
2011
John Beck, CEO of LightSpeed Computers, is seeking $10 million in venture capital financing to get his company off the ground after its initial seed funding. In Parts A through C, John faces a number of challenging scenarios, starting with the request…
Doug Abbey, Nori Lietz
2011
In late spring 2010, Liv Hugen returned to her native Scandinavia to relax before assuming responsibility over the real estate portfolio for her government’s sovereign wealth fund. The fund’s composite portfolio was expected to grow to approximately $500…
Lyn Denend, William Meehan III
2011
Jane Chen (GSB 08) and Brian Trelstad (GSB 99) had known one another for years. Trelstad, the chief investment officer of the nonprofit global venture fund Acumen Fund, had been a mentor to Chen and her colleagues as they worked to develop a low cost…
Jonathan Berk, Debra Schifrin
2011
The Ameritor family of mutual funds was nicknamed the “Dead Man Funds” because of its terrible performance and the assumption that those who kept their money in the funds had no choice, that is, they were dead. Established in the 1950s, the funds boasted…
John Beshears, Debra Schifrin
2011
The case examines HelloWallet, the online, independent financial guidance service, in the context of behavioral finance concepts. It also looks at the specific challenges faced by online personal financial management (PFM) systems. In addition, the case…
Douglas Abbey
2010
In November 2008, in the depths of the worst financial crisis since the Great Depression, Hamid Moghadam, CEO of industrial REIT AMB, had to act decisively to reverse the sell-off in AMB shares and position the company to take advantage of future…
Mark Leslie, Robert Joss
2010
This case presents two vignettes from the perspective of Laura White, a newly-promoted manager of the Cook Islands operations for a large Australian bank. In Vignette A, White learns of the existence of an Offshore Banking Unit (OBU) – the source of…
Jonathan Berk, Nate Blair
2009
As James A.C. Kennedy, CEO and president of T. Rowe Price Group, reviewed the 2008 annual letter to shareholders, he reflected on the state of the economy and his firm. 2008 had been a horrendous year for the financial markets and saw the demise or…
Katherine Bose, George Parker
2007
In early 2007, Tech Roads management was assessing its financial needs for the coming year. A seven-year-old company started in Silicon Valley, Tech Roads was an online business-to-business used vehicle marketplace that focused on the wholesale used car…
J. Duffie, Erin Yurday
2004
With the increased liquidity in markets for credit derivatives around the turn of the century, coupled with dramatically increased corporate default rates, fixed-income investors and buyers of credit protection were receptive to a new generation of…
J. Duffie, Erin Yurday
2004
Freddie Mac, a government-sponsored enterprise (GSE) chartered by Congress in 1970, was one of the U.S. housing market’s largest supporters. At year-end 2003, Freddie Mac’s total mortgage portfolio reached a total principal of $1.4 trillion. The U.S…
George Parker, Ann Pattyn
2003
In April 1987, financial executives of Tri-tech Computer were meeting to determine the form of a capital issue of $200 million needed for an acquisition that would complement Tri-tech’s current business. Financing alternatives available to the company…
George Parker
2003
In October 2002 Mr. Richard Allan, an assistant credit analyst for Wel-Bilt Furniture Company, was concerned about changes in two of Wel-Bilt’s accounts in Minnesota—Lloyd’s, Inc. of Minneapolis and Barclay Brothers in St. Paul. He therefore brought the…
George Parker
2003
The financial information form 1997-2001 is presented in the case. Students are asked to assess significant trends, issues faced by the company and identify a financing challenge the company will face if sales continue to grow at a fast rate.
Eric Bannasch, Jim Coulter, Todd Dashefsky, George Parker
2003
In August 2001, John Marren, a partner with Texas Pacific Group (TPG), was walking from his office to the firm’s partner meeting to make a presentation and discuss a potential investment in Monsanto Electronics Materials Company (MEMC, NYSE: WFR). MEMC…
J. Duffie., Erin Yurday
2003
In mid-2003, Morgan Stanley and JPMorgan launched a number of structured credit products that had exposure to correlations in the credit risks of the firms underlying the TRAC-X index: tranched TRAC-X NA, tranched TRAC-X Europe, and options on both TRAC-X…
Ian Buchanan, Booz Allen Hamilton, John McMillan, Erin Yurday
2003
This case addresses the challenges faced by Telkomsel, an Indonesian cell phone company, as it tried to grow and become globally competitive. The protagonist is Mulia Tambunan, former CEO of Telkomsel. Mulia’s challenge was to create a nimble, modern…
Victoria Chang, George Parker
2002
Wayne, Pennsylvania-based Internet Capital Group (ICG), a Business-to-Business e-commerce (B2B) holding company was one of the most anticipated IPOs in 1999. ICG’s goal was to build companies that could obtain number one or two positions in their…
George Parker, Margot Sutherland
2000
On April 9, 1999, Gordon Bethune, chairman and chief executive officer of Continental Airlines (CAL) reviewed a memorandum to the company’s board of directors recommending a repurchase (stock buyback) of up to $500 million of common stock. The…
Paul Pfleiderer, Thomas Hellmann
1996
This study critically analyzes the involvement of the U.S. commercial banking sector in the provision of funds and financial services to the U.S. venture capital industry.
James Van Horne
1996
The Marriott case provides a springboard for general discussion of corporate restructuring and the creation/destruction of value. The central issue is the transfer of wealth from bondholders to stockholders, and whether it is proper for a company to…
J. Van Horne
1996
This case involves a Treasury bill auction and the bidding for bills by a recognized, primary security dealer. The procedures involved in a Treasury action are described as are possible bidding strategies. Factors influencing a bid, including supply, Fed…
James Van Horne
1996
This case concerns the long-term financing of a large advertising firm. The financing alternatives are: utilization of bank lines of credit; a private placement term loan; 20-year debentures in the public market; and common stock. The company is burdened…
S. Datar, M. Epstein, K. White
1996
The Bristol-Myers Squibb: Accounting for Product Life Cycle Costs at Matrix Essentials is set in Matrix Essentials Inc., a subsidiary of Bristol-Myers Squibb, that manufactures shampoos and hair conditioners. The case describes the product life-cycle…