The WSJ features a case study of Alfred Giammarino who took over as CFO at FairPoint Communications Inc. a month ago and "was promptly hit by the worst financial tsunami since the Great Depression."
"This is a period when you really can't take anything for granted," he said.
And he expects the challenges to grow as lenders fall by the wayside
or merge. Trying to get new lenders at this moment is futile, he said:
"Right now, we couldn't even open that conversation because banks
aren't lending."
Read the whole article here.
During her time at Glenbrook, Erin focused on client engagements in business payments, cross-border transactions, bill payment, and the intersection of corporate finance, banking, and ERP/accounting. She has nearly twenty years of experience leading increasingly complex payment initiatives for corporate clients and advising financial institutions and payment technologists on the development of their payment capabilities.
Erin is also the founder of Forte Financial, a consulting firm focused on corporate finance efficiency, technology, and process improvement. She is a past president of the Financial Women’s Association of San Francisco and also a two-term past president of the San Francisco Treasury Management Association. Erin is no longer with Glenbrook, but contributed greatly during her time at the firm.