The Extreme Case Separate Subsidiaries to House “Toxic Assets” Some surprising examples...

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Presentation transcript:

The Extreme Case Separate Subsidiaries to House “Toxic Assets” Some surprising examples...

Toxic “Assets” Franchise Leverage 2011

Bad Banks, Good Banks Split Business Models 2011

2011

2011 A “Soft” Rationale

Good Banks, Bad Banks Franchise Leverage 2011

Accounting Segregation of Assets

A Part of the Playbook 2011

Extreme Splits Split Business Models 2011

Distressed Franchises Split Business Models 2010

The ultimate “non-franchise” assets

Bad GM 2010 A Huge Number of Sites Toxic, Vandalized, Useless