MR. COPPER
A trader in the copper who lost more than $2.5 billion for Sumitomo Corp. in Japan, his employer. The losses accumulated from unauthorized trading in secret accounts from 1985 to 1996. Also known as Yasuo Hamanaka or referred to as Mr. 5% because he once controlled 5% of the world copper market.
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Shogun Bond
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Ambulance Chaser
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Core Deposits
Deposits in a bank’s general market area. Banks depend on core deposits to stabilize their funds for their lending base. Such deposits offer ...
Nominalism
Nominalism is the principle of keeping the amount of a debt obligation fixed in spite of fluctuations the purchasing power or exchange rate of mone ...
Insured Bond
Bond with interest and principal payments guaranteed by a private insurance company. Usually, insured bonds are seen as a feature of municipal bond ...
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