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Capital

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Who He Was and How His Ponzi Scheme Worked

Bernard Lawrence “Bernie” Madoff: Who He Was and How His Ponzi Scheme Worked

Posted by By Itho December 16, 2008
[ad_1] Bernard Lawrence "Bernie" Madoff orchestrated the largest Ponzi scheme in history, defrauding thousands of investors of an estimated $65 billion. A once-respected financier and former chairman of the Nasdaq…
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How It's Done, Risks and Rewards

How It’s Done, Risks and Rewards

Posted by By Itho November 12, 2008
[ad_1] What Is Buying on Margin? Buying on margin occurs when an investor buys an asset by borrowing the balance from a bank or broker. Buying on margin refers to…
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Understand Covered Interest Rate Parity: Formula, Calculation, and Examples

Understand Covered Interest Rate Parity: Formula, Calculation, and Examples

Posted by By Itho November 10, 2008
[ad_1] Covered interest rate parity ensures no arbitrage opportunities exist by balancing spot and forward exchange rates of two countries based on their interest rates. It provides a no-arbitrage condition…
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Bank Capital: Meaning and Classifications

Bank Capital: Meaning and Classifications

Posted by By Itho November 5, 2008
[ad_1] What Is Bank Capital? Bank capital is the difference between a bank's assets and its liabilities. It is the bank's net worth. The asset portion of a bank's capital…
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Definition, Example, Pros and Cons

Capitalized Cost: Definition, Example, Pros and Cons

Posted by By Itho October 31, 2008
[ad_1]   What Is a Capitalized Cost? A capitalized cost is an expense added to the cost basis of a fixed asset on a company's balance sheet. Capitalized costs are…
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Economic Recovery Tax Act of 1981 (ERTA): Overview

Economic Recovery Tax Act of 1981 (ERTA): Overview

Posted by By Itho October 28, 2008
[ad_1] What Was the Economic Recovery Tax Act of 1981? The Economic Recovery Tax Act of 1981 (ERTA) was the largest tax cut in U.S. history. Signed by President Ronald…
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