Nyd den ubegrænsede adgang til tusindvis af spændende e- og lydbøger - helt gratis
Økonomi & Business
Please note: This is a companion version & not the original book.
Book Preview:
#1 The financial system takes from society, and the more it takes, the less the investor earns. The more the financial system takes from you, the less you have. The investor feeds at the bottom of the food chain of investing.
#2 The financial sector, which was booming at the time, began to crumble in 2007. The industry was led by Citigroup and investment banks Merrill Lynch and Bear Stearns, who created risky, reckless, and costly debt instruments.
#3 The financial sector has dominated the American economy and stock market, and has been responsible for a large portion of the SP 500 company’s earnings. The clients of the banking firms have lost billions of dollars in risky debt obligations, yet investment banking executives continue to be paid at high levels.
#4 The recent financial crisis has shown the compensation of three well-publicized financial sector CEOs who failed their clients and their shareholders. Charles Prince, CEO of Citigroup, took office in October 2003, with Citigroup stock selling at $47 per share. While the bank did well for a few more years, it created a highly risky investment portfolio that fell to pieces within five years.
© 2022 IRB Media (E-bog): 9781669379058
Release date
E-bog: 29. marts 2022
Over 600.000 titler
Download og nyd titler offline
Eksklusive titler + Mofibo Originals
Børnevenligt miljø (Kids Mode)
Det er nemt at opsige når som helst
For dig som vil prøve Mofibo.
1 konto
20 timer/måned
Gem op til 100 ubrugte timer
Eksklusivt indhold hver uge
Fri lytning til podcasts
Ingen binding
For dig som lytter og læser ofte.
1 konto
100 timer/måned
Eksklusivt indhold hver uge
Fri lytning til podcasts
Ingen binding
For dig som lytter og læser ubegrænset.
1 konto
Ubegrænset adgang
Eksklusivt indhold hver uge
Fri lytning til podcasts
Ingen binding
For dig som ønsker at dele historier med familien.
2-6 konti
100 timer/måned pr. konto
Fri lytning til podcasts
Kun 39 kr. pr. ekstra konto
Ingen binding
2 konti
179 kr. /månedDansk
Danmark