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Blockchain Could Make the Insurance Industry Much More Transparent

Harvard Business

In effect, they all had skin in the game, which remains one of the most elusive elements of modern finance. Insurance policies and lottery tickets have the same payoff properties, with the one claimed on bad news or undesirable events and the other claimed by very happy lottery winners. Flood insurance is another example.

Insurance 132
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Start of a Global Currency Crisis?

MishTalk

Of course the situation was different in that many of the countries hit by the crisis had their currencies pegged to the dollar at the time, but the point remains that a weakening yen preceded the event. The balance sheet of the government, the banks and households are quite well protected against market volatility.”

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Midsize Cities Are Entrepreneurship’s Real Test

Harvard Business

Through a coordinated, systemic, prolonged intervention with dozens of institutions and thousands of individual participants, new growth of the local companies we trained has directly created over 1033 jobs, fueled by dozens of new private sector financings. strategic hires). strategic hires).

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2008 Financial Crisis – Causes and historical context

Tom Spencer

Many an economics and finance course later, I see that the layers of complexities to the 2008 financial crisis are innumerable. The senior slices of a CDO were considered to be safer because they had first priority on cash flows received from the pool of mortgages in the event of default. It all seemed so clear.

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The 3 Company Crises Boards Should Watch For

Harvard Business

To restore its balance sheet, it had to sell half the business. This appears to explain events at the industrial company. Consequently, the finance group, the risk organization, and the nonexecutive directors do most of this work. The finance group scrutinizes capital requests. Shortcomings in Self-Governance.

Company 70
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Reflections on Conspiracy Theories and Sensible Accounting by Reader "Alice", 89 Years Young; True Meaning of Banking Safely

MishTalk

The founder of modern international finance, Amschel Rothschild, gave the aims and direction of his enterprise simple instruction when he declared he cared not what governments did, all he wanted was the right to control, print their money. When I began investing, one looked at the real property on balance sheets.

Banking 59
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Pettis on Strains in China's Banking System; Avoiding the Fall

MishTalk

They lower mortgage and consumer financing costs for households, who represent a substantial portion of total borrowing, allowing them greater spending power. This isn’t the first time, of course, that the balance-sheet dynamics during a growth miracle have created unrealistic evaluations about the quality of policymaking.

Banking 69