Case | HBS Case Collection | January 2004 (Revised November 2006)

Fleet Managed Assets Division (A)

by Paul W. Marshall and Todd H Thedinga

Abstract

Paul Kennedy, executive director of Fleet's Managed Asset Division, must decide whether to extend further credit to Polaroid Corp. in the fall of 2001. Polaroid's credit rating had been declining rapidly, but it was a major employer in the Boston area with many employees who were Fleet Bank customers.

Keywords: Technology; Credit; Banks and Banking; Banking Industry; Boston;

Citation:

Marshall, Paul W., and Todd H Thedinga. "Fleet Managed Assets Division (A)." Harvard Business School Case 804-098, January 2004. (Revised November 2006.)