In this episode, Mike & Jerry react to a recent article in The Wall Street Journal penned by Matt Wirz, looking at how junk loan defaults are beginning to scare investors as inflation and interest rates grow. In the credit world, can risk professionals all afford to continue to look back at past trends to then predict the future behavior of stressed counterparties in the next down cycle? As Jerry explains, "don't fall for the head fake" regarding where the biggest bankruptcy risk dangers lie in late 2022 and beyond.
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Press Release
… CreditRiskMonitor Announces Second Quarter Results VALLEY COTTAGE, NY —August 12, 2024—CreditRiskMonitor.com, Inc. (OTCQX: CRMZ) reported operating … which should increase demand for our products in trade credit and supply chain counterparty risk monitoring. …
CreditRiskMonitor reported operating revenues of $4.9 million, an increase of approximately $251 thousand or 5%, for the second quarter of fiscal 2024 compared to the same period of fiscal 2023.
Press Release
… CreditRiskMonitor Announces Appointment of Jennifer Gerold … Reiner as Chief Accounting Officer FOR IMMEDIATE RELEASE CreditRiskMonitor Announces Appointment of Jennifer Gerold … as Chief Accounting Officer VALLEY COTTAGE, NY—May 30, 2024—CreditRiskMonitor (OTCQX: CRMZ) today announced that its …
CreditRiskMonitor today announced that its Board of Directors has appointed Jennifer Gerold as Chief Financial Officer and David Reiner as Chief Accounting Officer, effective May 23, 2024.
Bankruptcy Case Study
Net Loss: Mile-high WiFi provider Global Eagle Entertainment Inc. has gone bankrupt, which is something our FRISK® score predicted could happen.
Bankruptcy Case Study
… the company was tanking in our bankruptcy risk rankings, credit or procurement managers who relied on payment data to …
Telecom leader Windstream Holdings, Inc. paid their bills on time right up to their bankruptcy filing – while payment data analysis missed their troubles, the FRISK® score noted their elevated risk level for years.
Press Release
… CreditRiskMonitor Declares Special Cash Dividend and 30% Stock Dividend VALLEY COTTAGE, NY—October 21, 2015—CreditRiskMonitor (OTCQX: CRMZ) announced that its Board of … shareholder base and liquidity in our stock.” Overview CreditRiskMonitor (http://www.crmz.com) is a web-based …
Press Release
… CreditRiskMonitor 2014 Operating Results VALLEY COTTAGE, NY—March 5, 2015—CreditRiskMonitor (OTCQX: CRMZ) reported that for the year … opportunities present themselves.” Image Image Overview CreditRiskMonitor (http://www.crmz.com) is a web-based …
Press Release
… CreditRiskMonitor Declares Special Dividend and Announces … Stock Repurchase Plan VALLEY COTTAGE, NY—October 28, 2014—CreditRiskMonitor (OTCQX: CRMZ) announced that its Board of … may be suspended or discontinued at any time. Overview CreditRiskMonitor (http://www.crmz.com) is a web-based …