Finance terminology Archives

Do you think the punitive fines the courts are ordering Goldman Sachs to pay are sufficient to make up for the wrongdoing?Discuss

Posted on April 27, 2022 by Ambrose

In 2009, just four months after Najib Razak was elected Prime Minister of Malaysia, 1Malaysia Development Berhad (1MDB) was created. The wealth fund was established for development projects to better serve the people of Malaysia, but it ultimately became a slush fund for the country’s leaders and their associates. Goldman Sachs, a Wall Street giant, […]

There were social consequences of mass banking, including introducing the public to interest rates on deposits and loans. Thinking now about twentieth century U.S. culture, how might this understanding of interest rates have affected how U.S. consumers behaved with their money?Discuss

Posted on March 23, 2022 by Ambrose

Phillips, M. (2014, June5). The spectacular decline of checks. The Atlantic. Retrieved from https://www.theatlantic.com/business/archive/2014/06/the-rise-and-fall-of-checks/372217/ Second, answer the following questions. In your initial response to the topic you have to answer all questions: If all transactions were made on paper, how could a bank store all of its paper records? When might they decide to destroy […]

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Tag: Finance terminology

Do you think the punitive fines the courts are ordering Goldman Sachs to pay are sufficient to make up for the wrongdoing?Discuss

There were social consequences of mass banking, including introducing the public to interest rates on deposits and loans. Thinking now about twentieth century U.S. culture, how might this understanding of interest rates have affected how U.S. consumers behaved with their money?Discuss