Abstract: This 8 page paper consider three cases of large corporate losses; These are the near collapse of the Long-Term Capital Management fund, Sumitomo Corp's $2.6 billion loss in June of 1996 and Proctor and Gamble's 1994 loss of $157 Million. The writer examines each of these cases to outline the reasons for the losses and the way in which the investment decisions were flawed. The bibliography cites 5 sources.
Filename: TElosses.wps
Pages: 8
Catagory: Money & Banking / Corporate Finance
Subcatagory: Accounting & Personal Finance
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