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New Century Financial Corporation (Abridged)
Palepu, Krishna G.; Srinivasan, Suraj; Cornell, IanCase HBS-113002-EAccounting and ControlAfter years of rapid growth and stock price appreciation, New Century Financial Corporation, one of the largest subprime loan originators in the U.S., reported accounting problems in early 2007. The resulting liquidity crisis forced the company to file for Chapter 11 bankruptcy protection. According to the Bankruptcy Examiner assigned to investigate New Century, the company's troubles "were an early contributor to the subprime meltdown" which fue...Starting at €8.20
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Sykue Bioenergya, Teaching Note
Hiatt, Shon R.; Cornell, IanTeaching Note HBS-412106-ELeadership and People ManagementTeaching Note for 412062.Starting at €0.00