C. MICHAEL ARMSTRONG
A previous chairman of AT&T and CEO since 1997 until he leave the position in 2002. He direct AT&T to gain two of the biggest cable television companies in 1998 but had to split up the recent company in 2001 in the rise of the dot-com bust. From 1989 to 2010, He plays the position of being board member of Citigroup . He was condemned for his position in Citigroup's monetary problems during the 2007 monetary dilemma.
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Netting
Settling mutual obligations at the net value of a contract as opposed to its gross dollar value.
Lemming
An investor who follows the crowd in investing without doing any research on his/her investments. Usually, lemming results to significant losses. T ...
Transaction Deposit
Bank deposit that can be immediately withdrawn, transferred, or otherwise transacted by the depositor. Banks are required to maintain reserves on h ...
Value Fund
Value Fund refers to a stock mutual fund that holds stocks, which are believed to be undervalued in price but are likely to be capable of paying di ...
Market Order
Most common way of carrying orders; an instruction or order from a client, via broker or brokerage service, to immediately purchase or sell an inve ...
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