Rugging Myself With A Happy Ending
First attemptWhen I’ve heard about the Silkroad the first time in 2012 it all began. What an exciting place, where you could buy all that forbidden stuff and they where using that strange internet money Bitcoin. I got intrigued and purchased some, just in case I need it some day. But I also read the Bitcoin whitepaper and was instantly fascinated of the concept of a trust-less and censorship resistant money. Life happens and for some reason I forgot about it, rugged myself and lost my keys. T...
Rugging Myself With A Happy Ending
First attemptWhen I’ve heard about the Silkroad the first time in 2012 it all began. What an exciting place, where you could buy all that forbidden stuff and they where using that strange internet money Bitcoin. I got intrigued and purchased some, just in case I need it some day. But I also read the Bitcoin whitepaper and was instantly fascinated of the concept of a trust-less and censorship resistant money. Life happens and for some reason I forgot about it, rugged myself and lost my keys. T...
Amalgamation: Definition, Types, How to Use, Pros and Cons
What Is an Amalgamation?An amalgamation is a combination of two or more companies into a new entity. Amalgamation is distinct from a merger because neither company involved survives as a legal entity. Instead, a completely new entity is formed to house the combined assets and liabilities of both companies. The term amalgamation has generally fallen out of popular use in the United States, being replaced with the terms merger or consolidation even when a new entity is formed. But it is still c...
Amalgamation: Definition, Types, How to Use, Pros and Cons
What Is an Amalgamation?An amalgamation is a combination of two or more companies into a new entity. Amalgamation is distinct from a merger because neither company involved survives as a legal entity. Instead, a completely new entity is formed to house the combined assets and liabilities of both companies. The term amalgamation has generally fallen out of popular use in the United States, being replaced with the terms merger or consolidation even when a new entity is formed. But it is still c...
ZZZZ Best
What Was ZZZZ Best?ZZZZ Best was a carpet cleaning and restoration company founded by Barry Minkow that served as a front for a famous Ponzi scheme. The company went public in December 1986 and was quickly valued at over $300 million. Within just seven months of the initial public offering (IPO), however, ZZZZ Best was bankrupt and its assets were auctioned for approximately $64,000.1KEY TAKEAWAYSZZZZ Best was a company set up as a front for a Ponzi scheme.Its founder Barry Minkow engaged in ...
ZZZZ Best
What Was ZZZZ Best?ZZZZ Best was a carpet cleaning and restoration company founded by Barry Minkow that served as a front for a famous Ponzi scheme. The company went public in December 1986 and was quickly valued at over $300 million. Within just seven months of the initial public offering (IPO), however, ZZZZ Best was bankrupt and its assets were auctioned for approximately $64,000.1KEY TAKEAWAYSZZZZ Best was a company set up as a front for a Ponzi scheme.Its founder Barry Minkow engaged in ...
Z-Score
How Z-Scores WorkZ-scores reveal to statisticians and traders whether a score is typical for a specified data set or if it is atypical. Z-scores also make it possible for analysts to adapt scores from various data sets to make scores that can be compared to one another more accurately. Edward Altman, a professor at New York University, developed and introduced the Z-score formula in the late 1960s as a solution to the time-consuming and somewhat confusing process investors had to undergo to d...
Z-Score
How Z-Scores WorkZ-scores reveal to statisticians and traders whether a score is typical for a specified data set or if it is atypical. Z-scores also make it possible for analysts to adapt scores from various data sets to make scores that can be compared to one another more accurately. Edward Altman, a professor at New York University, developed and introduced the Z-score formula in the late 1960s as a solution to the time-consuming and somewhat confusing process investors had to undergo to d...
Zero-Coupon Swap
What Is a Zero-Coupon Swap?A zero-coupon swap is an exchange of cash flows in which the stream of floating interest-rate payments is made periodically, as it would be in a plain vanilla swap, but where the stream of fixed-rate payments is made as one lump-sum payment at the time when the swap reaches maturity, instead of periodically over the life of the swap.KEY TAKEAWAYSA zero-coupon swap involves the fixed side of the swap being paid in one lump sum when the contract reaches maturity.The v...
Zero-Coupon Swap
What Is a Zero-Coupon Swap?A zero-coupon swap is an exchange of cash flows in which the stream of floating interest-rate payments is made periodically, as it would be in a plain vanilla swap, but where the stream of fixed-rate payments is made as one lump-sum payment at the time when the swap reaches maturity, instead of periodically over the life of the swap.KEY TAKEAWAYSA zero-coupon swap involves the fixed side of the swap being paid in one lump sum when the contract reaches maturity.The v...
