November/December 2008

• Tips for CFOs Managing in Today's Economic Environment
  Jason Balogh, a principal in the CFO advisory practice of Archstone Consulting in Chicago shared his thoughts on issues of concern to finance chiefs, from structuring the finance department to establishing an offshore presence to Sarbanes-Oxley compliance. He spoke with CFO.com recently about how his clients are reacting to today's challenging market conditions.  More >
  
  
• How CFOs Can Balance Liquidity Risk and Yield in a Volatile Market
  Bank of America's Global Liquidity Executive Fred Berretta, and Senior Product Management Executive Greg Kavanaugh, recently shared their thoughts on how businesses can manage liquidity with greater efficiency and confidence in an uncertain environment.  More >
  
  
• Why Middle-Market Deals Keep Plugging Along in a Tough Economy
  Big buyout firms like the Blackstone Group and Kohlberg Kravis Roberts do headline-grabbing transactions. But when the economy slows down and lenders turn wary, those mega-deals are the first to dry up. Meanwhile, the middle market keeps plugging along, according to investors who gathered at the 2008 Wharton Private Equity Conference. Read why the middle-market specialists who spoke on a panel titled, "Middle Market: Calmer Waters or Sea of Competition?" argued that they are, to some extent, insulated from the current credit crisis and other economic ups and downs.  More >
  
  
• Why Turnaround Pros May be Avoiding Auctions
  Out of court and outside the grasp of investment bankers — that's where turnaround pros say they're finding their deals these days. “The days of full-blown auctions are gone,” said KPS Capital Partners Co-Founder and Managing Partner Michael Psaros. The trend today, he said, is for turnaround investors to receive an “invitation” from a crisis manager or workout professional from a corporate bank to take a look at a company with dire operating problems. Find out more about why some turnaround investors prefer alternative sale processes to traditional auctions.  More >
  
  
• Recent Asset-Based Financing Solutions
  Find out about some of the financing solutions that Bank of America Business Capital recently provided, such as $300 million to hardware cooperative Ace Hardware Corporation; $68 million to frozen vegetable processor National Frozen Foods Corporation; $55 million to printed circuit board manufacturer Merix Corporation and $23 million to metal processing services provider SET Enterprises Inc. Visit the Transactions section of our web site where many of our client financing solutions are featured.  More >