6 C's of finance in drain- Robin Trehan

Jan. 19, 2009 - PRLog -- Let see, what is the problem in the finance.  The 6 C's of Credit, Character, Cash Flow, Collateral, Conditions and Capital, and customer.
1- Credit - There is none. Tax payers are bailing out without even there consent!
2- Character- it is matter of laugh on wall street.
3- Cash Flow- Based on what assets the banks and other financial institutions have it will be a joke too. Most assets are illiquid to hill.
4- Collateral- For underwriting and worried about collateral. Any appraisal for any bank!
5- Capital- Tax payers capital going in drain!
6- Customer- God help here. All shareholders have been eaten by greed. Now customers paying for management salaries and bonuses.

All big financial institutions should be nationalized, said Robin Trehan

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