Fannie Mae: Shaky Foundation Harvard Case Solution & Analysis

Dennis Kozlowski took the reins of Tyco International, Ltd (Tyco) in 1992. By the end of fiscal 2001, Tyco's Kozlowski made more than 100 announced acquisitions with a total income of more than $ 30 billion (Figure 1). Kozlowski strategy, called "growth on growth", working an aggressive approach Tyco to acquire the company and took out a little more than $ 3 billion in sales in 1992 to $ 36 billion in 2001. Investors support the company's strategy Tyco, as evidenced by the tenfold increase Tyco's share price over the same period (Figure 2). Analysts also praised Tyco, issuing reports with names such as "evidence in the Great Room Buy." But there was evidence really exists? This case describes the financial condition of Fannie Mae prior to entry of government intervention. Fannie Mae provides a history and overview of the factors leading to its failure. "Hide
by Maureen McNichols, Nathan Blair Source: Stanford Graduate School of Business 23 pages. Publication Date: March 13, 2009. Prod. #: A201-PDF-ENG

Share This

SALE SALE

Save Up To

30%

IN ONLINE CASE STUDY

FOR FREE CASES AND PROJECTS INCLUDING EXCITING DEALS PLEASE REGISTER YOURSELF !!

Register now and save up to 30%.