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Jacob Young, William Abrams, and Nancy Clem ran what author Wendy Gamber argues, in her book The Notorious Mrs. Clem: Murder and Money in the Gilded Age, was the first-ever Ponzi scheme. [1] [2] In Munich, Germany, Adele Spitzeder founded the "Spitzedersche Privatbank" in 1869, promising an interest rate of 10 percent per month. By the time the ...
In the world of economics and finance, a 'bellwether' is a leading indicator of an economic trend. [1] [2]In the stock market, a 'bellwether' is a company or stock taken to be a leading indicator of the direction in a sector, in an industry or in the market as a whole.
Doubleday Canada is an imprint of the publishing company Penguin Random House Canada. The company used to be known as Forboys. It was incorporated in 1936, and since 1945 it has been known as Doubleday Canada Limited. In 1986 parent company Doubleday was acquired by Bertelsmann. Due to Canadian policy at the time, majority control of Doubleday ...
In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond . Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of ...
Ordering prescriptions from Cuban's company can save you anywhere from 5.5% if you're on Medicare to 28.9% if you're uninsured, according to one study. Other online pharmacies that might deliver ...
From January 2008 to June 2008, if you bought shares in companies when Roland A. Hernandez joined the board, and sold them when he left, you would have a 23.1 percent return on your investment, compared to a -7.3 percent return from the S&P 500.