Williams

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Title: Williams

Essay Details:

Subject: Business

Author: Steve B

Date: July 4, 2013

Level: University

Grade: A

Length: 10 / 2957

Essay text:

It is suffering from a decline in the energy markets owing to the crash of Enron, pressure on margins in the telecommunications business owing to oversupply and inquiries by the regulators into alleged financial improprieties. Oversupply in the telecommunications business has led to a decline in profits and margins in the industry forcing many players to back out of this sector. This goaded the Williams enterprise to guarantee an indirect credit support for $1.4 billion of WCG's debt. At the same time, the deterioration of the energy industry resulted in more stringent requirements for the credit rating of investment grade companies...

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