Content tagged with “finance”
There are 16 item(s) tagged with “finance” on this site.
Other tags used by these items: history, business, accounting, crime, politics, acronym, investing
“An interesting book, but also not what the title would suggest – the subtitle anyway. This was not an all-encompassing history of money and finance. The book starts with Jewish moneylenders in Venice, and then goes on to discuss the bond market, the stock market, real estate, etc. It’s basically a…”
“ This is a company that owns banks, but doesn’t necessarily do banking itself. There are a lot of laws and regulation around banking. A bank holding company – a ‘bancorp’ – operates under different rules than banks, which can make it easier for them to borrow money. ”
“This is short-term, unsecured debt, issued by corporations to fund day-to-day activities. It’s normally effected by selling promissory notes at a discount. To ‘issue’ commercial paper means to ask for a loan, basically. Most buyers of commercial paper are banks and other financial institutions. So…”
“A book on accounting principles for professional services organizations. It’s not specific to digital – any professional services organization goes through these same problems. It’s okay. I was looking more for something to do with sales, and these’s not much in here about that, except they…”
“It’s an acronym for ‘earnings before interest, taxes, depreciation, and amortization.’ By definition, this will always be larger than ‘normal’ earning figures, which subtract those four things. EBITDA measures the health of a company’s operating business , meaning the things it actually produces to…”
“This is an informal, traditional method of money transfer which started in India and is common in Africa and the Middle East. In its simplest form, a Hawala network operates as a set of promises: ‘Can your friend Bob give my friend Ted some money?’ There are four parties to a Hawala transaction:…”
“This is a pooled investment fund where a group of people contribute money, and the total funds are invested with returns to be distributed. Shares in the fund can also be bought and sold. In these senses, it’s no different from a mutual fund. But there are some key differences: Mutual funds are…”
“This is likely the definitive account of The Panama Papers – the massive data leak from the Panamanian law firm Mossack Fonseca. It also covers some other sensational data leaks, like SwissLeaks and Offshore Leaks. It’s good, no doubt. But it’s confusing, and there’s no real way around that. There…”
“This is the ‘internet for banks,’ basically. It’s a worldwide messaging system which banks use to exchange data and payment orders. If you need to transfer money from one bank to another, this message gets sent along the SWIFT Network. SWIFT technically stands for ‘Society for Worldwide Interbank…”
“TARP – the Troubled Asset Relief Program – was the famous ‘$700 billion bailout’ that the U.S. government undertook in 2008 to try and stave off the mortgage crisis. The crisis that led to this program was the basis for the book (and movie) Too Big To Fail . Did the government lose $700 billion?…”
“This is the story of one week in 2008 – the week when Lehman Brothers was about to fail, and then almost everything went with it. It was the week that ended with TARP – the $700 billion Wall Street bailout package. And to be clear: this is 600 pages about that one week . It’s a nauseatingly…”
