BARRY DILLER
The long-standing chairman and CEO of the media company, InterActiveCorp (IAC). The network of websites of IAC are ServeMagic, Shoebuy.com, Vimeo, Evite, Lending Tree, Citysearch, Ticketmaster Online, Ask.com, Match.com, Hotels.com, and Expedia.
Mr. Diller stepped into the world of media way in 1966 when he joined ABC and climbed his way up to vice preside the prime-time TV in 1973. He assisted ABC in competing with other huge network by introducing Movie of the Week in 1969 together with directors such Steven Spielberg and Aaron Spelling. Made-for-TV movies turned into an industry practice because they were quick to produce and inexpensive.
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Asset Substitution Problem
A problem which arises when a company trades its low-risk assets for high-risk investments. This substitution moves the value from the bondholders ...
Lawful Money
Any currency, in coin or paper form, that is issued by the United States Treasury, not the Federal Reserve System. It also includes gold and silver ...
Red Clause Letter Of Credit
It refers to a specific type of letter of credit where a buyer extends an unsecured loan to a seller. This permits documentary credit beneficiaries ...
Trust Certificate
Bond or debt investment backed by other assets and serve like a collateral. Normally in a public company, the assets may be seized or sold for the ...
Cowboy Marketing
Slang term for a situation in which a firm is unaware a marketer sends massive spam emails to everyone promote the stock, instead of producing legi ...
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A Primer on Retirement Planning
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Ethical Investing: Instruments for Ethical Investing
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