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Andrew Marr suffers from corpus interruptus

By John Hirst

Andrew Marr suffers from corpus interruptus

The Andrew Marr show was on half hour early today because of the Great North Run. I found myself swearing and shouting at him because he has picked up the annoying habit of asking a question and continually interrupting his guests answers. Later he said "I don't want to interrupt", you could have fooled me!

I got the impression that George Osborne and Vince Cable were the two ugly sisters of the Cinderella Alistair Darling.

There was a new word to my ears that was often repeated on the programme, recapitalisation, I thought WTF?

Recapitalization
Restructuring a company's debt and equity mixture often with the aim of making a company's capital structure more stable.

Notes:
Companies often want to diversify their debt-to-equity ratio to improve liquidity.

A good example is when a company issues stock in order to buyback debt securities. By doing this, the company is also able to raise its stock price.

recapitalization
A change a company makes in the long-term financing mix it uses. For example, a firm may borrow long-term funds (that is, it may sell bonds) in order to acquire the money needed to repurchase a block of its outstanding stock. Because recapitalization will often affect the level and the volatility of earnings per share, it is of interest to stockholders. Recapitalization often occurs when a firm attempts to reorganize while in bankruptcy proceedings.

Upon seeing the following headline, the question came into my head, 'Does Gordon Brown need a hip replacement?'.

Mandelson: 'I'm joined at the hip with PM'

Full post as published by prisonlawinsideout on October 05, 2008 (boomark / email).