Interest Rate Swaps: A Deal Between B.F. Goodrich and Rabobank
Code : INB0009
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Region : US
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B.F. Goodrich Company B.F. Goodrich Company (Goodrich) was incorporated in 1980 at Akron, Ohio, Midwestern State, United States. The company was originally formed as a limited partnership firm named Goodrich, Taw & Company in 1870 as a rubber manufacturing company. It was a partnership between Dr. Benjamin Franklin Goodrich (Franklin), Harvey W. Tew , and the Akron investors... Volatile Market and Unstable Financial Position However, the market condition changed dramatically. Rising inflation, an oil crisis (in 1979), and a slowdown in the housing industry hit the US economy hard. By July 1981, the US economy had slipped into a recession which lasted till November 1982. All these factors contributed to the downfall of Goodrich... Rabobank Nederland The merger of two cooperative banks - Centrale Coöperatieve Raiffeisen-Bank and the Coöperatieve Centrale Boerenleenbank, in December, 1972 , created Coöperatieve Centrale Raiffeisen-Boerenleenbank, the third largest banking and other services provider in the Netherlands. The bank came to be commonly known as Rabobank, the name coming from the first two letters of both the banks... |
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