Bank of America's board stripped Kenneth Lewis of the bank's chairman title after shareholders voted to split the chairman and chief-executive posts. Walter Massey was elected chairman.
In deciding to strip G.E. of its highest rating, analysts cited stress on the company’s financial arm, GE Capital.
stripv., stripped, strip·ping, strips. v.tr.
- To remove clothing or covering from.
- To deprive of (clothing or covering).
- To deprive of honors, rank, office, privileges, or possessions; divest.
- To remove all excess detail from; reduce to essentials.
- To remove equipment, furnishings, or supplementary parts or attachments from.
- To clear of a natural covering or growth; make bare: strip a field.
- To remove an exterior coating, as of paint or varnish, from: stripped and refinished the old chest of drawers.
- To remove the leaves from the stalks of. Used especially of tobacco.
- To dismantle (a firearm, for example) piece by piece.
- To damage or break the threads of (a screw, for example) or the teeth of (a gear).
- To press the last drops of milk from (a cow or goat, for example) at the end of milking.
- To rob of wealth or property; plunder or despoil.
- To mount (a photographic positive or negative) on paper to be used in making a printing plate.
strip (REMOVE PARTS)
verb [T] -pp-
1 to remove parts of a machine, vehicle or engine in order to clean or repair it:
I've decided to strip down my motorbike and rebuild it.
2 MAINLY US to remove the parts of a car, etc. in order to sell them
同樣的手法 買別人公司將其資產拆開賣 叫 asset-stripping 詳下文
A Private Equity Firm With A Conscience 有良心的私募股基金公司
Private equity firms and hedge funds are feeling the heat. They have been accused of everything from tax evasion to asset-stripping and destroying jobs. A senior German politician called them "locusts"蝗, claiming that some of the more active financial funds will strip a company bare or try to rip it to pieces. And last month, private equity bosses in the UK were grilled by politicians and forced to defend their record on running businesses and tax incentives used by the industry.
This prompted an announcement from the industry this week, outlining measures aimed at greater transparency公司運作更透明. But one London based hedge fund has been left largely unscathed by all the criticism despite it's fiercesome reputation.
The Children's Investment Fund wheels and deals and stalks its financial prey as ruthlessly as the rest of them. But then it donates hundreds of millions of pounds to charity. A genuine example of capitalist philanthropy?or simply a clever marketing ploy? From London, Stephen Beard reports.
注(wheel and deal Informal. 1. To engage in the advancement of one's own interests, especially in a canny, aggressive, or unscrupulous way.
stalk 一心只追蹤獵物,To go through (an area) in pursuit of prey or quarry.)