Spotlight: Trends in financing (TT Sept00 p35)

The sands are shifting, the wind is changing ... it often seems that corporate treasury is a bit like trying to sail across the seas. The environment can be fair or foul, often unpredictable, and treacherous seas can lie ahead. These are usually charted by professionals – but that doesn’t stop some from running onto the rocks. One main difference, of course, is that the treasurer never gets to find a safe home port – his/her job is to help keep the boat sailing, on high or low seas, ever greater distances.

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