Banks and other financial-services firms have long filled their boards with nonfinancial executives, be they industrial chiefs, heads of nonprofits or professors.
Paulson said TARP was never intended to bail out nonfinancial firms, so that money is off-limits.
Many companies try nonfinancial incentives, but clumsily.
Vital Signs Chart: Companies Holding Record Cash Pile U.S. nonfinancial corporations held $1.78 trillion in cash and other liquid assets in the first quarter of the year, up $46 billion from the end of 2012, the Federal Reserve said on Thursday.
June 7, 2013 - Wall Street Journal Blogs
Jean-Claude Trichet in NIKKEI.com The challenge remains for banks to expand the availability of credit to the nonfinancial sector when demand picks up,Mr. Trichet cautioned. "Where necessary, to address this challenge, banks should retain earnings, turn to the market to...
Judd Gregg in WPDE These funds were not authorized by Congress for nonfinancial companies in distress,Gregg said, "but were to be used to restore liquidity and stability in the overall financial system of the country and to help prevent fundamental systemic...
Alan Greenspan in Investor's Business Daily (subscription) Evidence of increased pricing power can be gleaned from the profit margins of nonfinancial businesses, which have continued to press higher even outside the energy sector,Greenspan said.