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Insolvency, administration, liquidation, bankruptcy and turnaround – all the news as it affects businesses and accountancy firms

NEWS

Bail company bails out

More than 300,000 US criminal defendants lost their bail bonds after LA-based Amwest Surety Insurance and its subsidiary, Far West Insurance, were declared insolvent in December 2001.

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COMMENT

Editor's letter: Contrary to expectations

I’m comforted by the prognostications of Alan Greenspan who, in 1996, thought that equity markets were demonstrating “irrational exuberance”...

No point fussing: Rate rise not the end of the world

The inflationary threat may be real enough, but a small rate rise should not be a cause for mass hysteria
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FEATURES

I'm fine… no really, I'm fine

Anxiety, exhaustion, indecision, confusion, paranoia, sudden rages, inability to concentrate, procrastination ­ – it’s all there in the mind of an over-stressed FD

Fire fighting, how FDs are struggling to cope

Many FDs are too busy with the day-to-day stresses of running a business to think about their long-term aims
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ANALYSIS

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