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The Bane of Broken Balance Sheets

A simple screening of stocks within Yahoo's limited screening comes up with 297 companies with no debt and are cash flow positive. Those certainly aren't broken balance sheets, but neither of an even larger number of companies who might have debt but are cash flow positive, or have no debt but have some writeoffs in the current fiscal year. This isn't only a small percent of those companies that couldn't be classified as having a 'broken balance sheet'.


On Mar 06 01:20 PM dw57 wrote:

> a question not asked, are there any companies that truly do not have
> a broken balance sheet?

Three Problems with the Fannie / Freddie Mortgage Modifications

If a deal must be made, maybe we should first open up the same offer to those that might better qualify and weren't so hasty to buy into a housing market that was rising at an unsustainable rate. If nobody seizes on the renegotiated price, allow the original occupants to retain the home with the renegotiated mortgage.
This would serve us better in a number of ways. First, as a taxpayer I wouldn't be as upset at someone who played by the rules to have first crack. Second, it would eliminate moral hazard. Third, we may get someone who better qualifies for the loan and therefore we wouldn't be in jeopardy of this home later falling into foreclosure anyway.