Kinder Morgan - MBO Richard Kinder and Bill Morgan purchased a master limited partnership pipeline company from Enron for $40 million in 1997‚ founding Kinder Morgan‚ Inc. (KMI) 1. The primary benefit of an MLP comes in the form of tax savings. While shareholders in a corporation face double taxation‚ owners of a partnership are taxed only once (when receiving distributions). Corporate income tax does not exist in the partnership. When cash distributions to MLP owners exceed
Premium Types of business entity Limited partnership Stock
INSIDE JOB. " Was the 2008 MELTDOWN avoidable?" Memorandum of Transmittal To: Sir Azmat Ahmad Ansari From: Syeda Benazir Burhan Date: 28/2/2013 Subject: Analytical Report on the Documentary ’Inside Job’ In response to your request of 14/2/2013‚ I have analyzed the documentary Inside job. I’m pleased to present enclosed report‚ which summarizes the financial break down in the year 2008‚ described in the documentary. Based on my analysis‚ the subject of Inside Job is the global financial crisis
Premium Generally Accepted Accounting Principles Balance sheet Economics
"Inside Job" is a 2010 documentary film about the financial meltdown of 2008 directed by Charles H. Ferguson. The film successfully answers the question "How did the housing bubble burst?" by exploring the changes in the policy environment as well as the banking practices helped create the financial crisis. The film focuses on changes in the financial industry in the decade leading up to the crisis‚ the political movement toward deregulation‚ and how the development of complex trading such as the
Premium Subprime mortgage crisis Bank Financial services
Introduction Warren E. Buffett‚ the chairperson of Berkshire Hathaway (BH)‚ is the world’s greatest investor of the current era. From 1965 to 2007‚ BH has compounded annual gain of 20.3% while S&P has 9.3% (Berkshire Hathaway Inc.‚ 2009). Most investors get normal returns and believe the market is in semi strong form. However Buffett believes the market is inefficient and acts on his own investment philosophy. This report will analysis BH’s acquisition of PacifiCorp‚ evaluate Buffett’s performance
Premium Berkshire Hathaway
Introduction: The Walt Disney Company is the largest media conglomerate in the world and is headquartered in Burbank‚ California‚ USA. It was established by Walt and Roy Disney in 1923. Since its inception‚ Disney has grown vastly so that operational areas now include theme parks‚ motion pictures‚ television dramas and consumer products. In 1955‚ the most charming place in the world was ‘Disneyland’ was open for the public. The idea was to create a magical place for the whole family. Ever
Premium Foreign exchange market The Walt Disney Company Walt Disney
sector. One of the sectors that we will be analyzing is the financial sector. Under this sector‚ we are focusing on commercial banking. The top five companies for our analysis are J.P. Morgan Chase‚ Bank of America‚ Citigroup‚ Wells Fargo‚ and Goldman Sachs. The criterion in choosing these companies is U.S. based firms ranked by the highest revenues in 2013. An important distinction that sets this industry apart from others is the heavily involvement of the government. For example‚ the Federal Reserve
Premium Southwest Airlines Airline Delta Air Lines
Alibaba Corporate Governance Analysis Samet Karadag Contents Alibaba Leadership..............................................................................................................................3 Board of Directors ...........................................................................................................................3 BIOGRAPHIES ......................................................................................................................
Premium Corporate governance Board of directors Management occupations
the option is dependent on the price of both stocks. Example of Rainbow Option For example: An option which allows a person to exchange 10 shares of Morgan Stanley for 1 share of Goldman Sachs would be a rainbow option. The option holder would gain if Morgan Stanley shares fall in value relative to Goldman shares‚ and lose if they relatively increase. Russian Option An option that gives the holder the right‚ but not the obligation‚ to buy a call or sell a put at the best price the
Premium Options Derivative Bond
UTI MUTUAL FUND * SBI MUTUAL FUND * KOTAK MAHINDRA MUTUAL FUND * TATA MUTUAL FUND * AXIS MUTUAL FUND * CANARA ROBECO MUTUAL FUND TOP GLOBAL MUTUAL FUNDS * DUETSCHE MUTUAL FUND * JP MORGAN MUTUAL FUND * GOLDMAN SACHS MUTUAL FUND * EDELWEISS MUTUAL FUND * QUANTUM MUTUAL FUND TOP 10 MUTUAL FUNDS IN INDIA HDFC MUTUAL FUND HDFC Asset Management Company Ltd (AMC) was incorporated under the Companies Act
Premium Financial services Investment Investment management
Introduction Our case study titled‚ The AT&T and McCaw merger negotiation‚ provides us with an opportunity to negotiate the terms of the merger between McCaw cellular and AT&T. McCaw was the largest competitor in the rapidly growing cellular telephone communications industry. AT&T was the dominant competitor in long-distance telephone communications in the United States‚ and one of the largest corporations. Prior to the negotiations‚ it had no position in cellular communications. Brief Insight:
Premium Stock Free cash flow Stock market