IVAN BOESKY
An American stock trader who is known for his role in 1986 Wall Street scandal. During his stint in Wall Street, the Securities and Exchange Commission (SEC) sued Boesky of illegal stock manipulation according to the insider information. He made a plea bargain and disclosed some of his tipsters including junk bond king Michael Milken. As a result, he was jailed at Lompoc Federal Prison Camp in California for two years and fined $100 million. Boesky was also banned from working in securities lifetime.
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Housing Bubble
A run-up in housing prices fueled by demand, speculation and the belief that recent history is an infallible forecast of the future. Housing bubble ...
Low Exercise Price Option - LEPO
A call option for investors that has a price of 1 cent with an agreement to buy 1000 shares. This cannot be executed until its expiry. It works lik ...
Callable Security
A security with an enclosed call provision that gives the person who issues to redeem or repurchase the security by a particular period. Since the ...
Shadowing
Shadowing is the creation of values for variables that are not dependent strictly to market value. This means that these variable have market value ...
Pass-Through Rate
Pass-through rate is the net
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