ADMS 3541 Lecture Notes - Lehman Family, Mastercard, Mutual Fund
2 Apr 2013
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The lehmans seem to have a pretty good financial status with a net worth of ,500 and ,500 in cash to spend. Over the years, theyve also managed to take up a lot of credits, loans and mortgages. Total consumer debt = credit cards + furniture loan + car loan. 4. 5% and buy back investments that were liquidated for paying off consumer loans . in such a way, they can convert consumer loans to investment loans while switching its ability to pay off the debt overtime, by making a separate account to track expenses and manage their cash inflows and outflows.
