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  • Major Competitors In The Credit Card Business
    1,092 words
    1. Why had the UK credit card industry been so profitable in the 1980's? Which factors were the greatest threats to continued profitability? At the beginning of the credit card history in the UK there was only one player, Barclays Bank, which started operating the card business in 1966. It didn't seem a profitable business at the beginning but the major banks were concerned that due to the use of the credit card, the logo of Barclay was appearing everywhere. The main sources of income in the cre...
  • Domestic Lender Of Last Resort
    1,741 words
    GLIM WORKING PAPER SERIES WANT DOLLARIZATION? NO! NO! Sundara B Reddy GREAT LAKES INSTITUTE OF MANAGEMENT South Mada Street, Srinagar Colony, Saida pet, Chennai July 2004 We are indebted to Lakshmi Kumar, Bala V Balachandran, Gul shan, Shishi r, Praveen for useful comments and suggestions. Of course, we are solely responsible for any shortcomings. The views expressed herein are those of the authors and not necessarily those of the Great Lakes Institute of Management. (c) 2004 by Sundara B Reddy....
  • Financial Institution Superior Bank Trust
    648 words
    Superior Bank & Trust The thrift financial Institution Superior Bank & Trust is one of the largest. It is located in Chicago and has many branches eighteen of which can be found in the Chicago area. It is owned by one of Chicago's wealthiest families the Pritzkers and Alvin Dworman a well-known real-estate investor from New York. With assets totaling $2.3 billion and deposits of $1.6 billion Superior Bank FSB got caught up in some problems with sub prime loans. This was their main focus. Sub pri...
  • Income Taxes And Credit Unions
    1,121 words
    There are many distinguishing differences among credit unions and banks. The most controversial and prominent is the differences in taxation of the two institutions. While banks are required to pay all taxes of any corporation, credit unions are except from having to pay federal and state income taxes. Most banks and associations that govern them are pushing for the federal government to require credit unions to pay full income taxes. The most common arguments in favor of credit union taxation a...
  • Table 1 Structure Of The Banking Sector
    9,976 words
    INTERNATIONAL ACADEMY OF BUSINESS FINANCE DEPARTMENT Course work Theme: "Current situation of banking system of the Republic of Kazakhstan" Done by Alexeyenko R. F 080 Checked bySerikbayeva Zh. D c. ec. 's, docent IAB. Almaty 2010. TABLE OF CONTENT Introduction 3 Chapter I. Concept of bank and banking system 5 Chapter II. The current situation of banking system of the Republic of Kazakhstan 12 Chapter. Problems and perspectives of development of banking system of the Republic of Kazakhstan 19 Co...
  • Attacks On The World Trade Center
    763 words
    THE ECONOMIC IMPACT OF THE ATTACK ON THE WORLD TRADE CENTER AND THE PENTAGON The effects of the attacks on the World Trade Center and Pentagon are rippling throughout the world, by sector, by region, and by market. Bond markets, inside and outside the U.S., already jittery from a deceleration in worldwide economic activity, are struggling to find direction in the aftermath of the attack. There now seems little doubt that the U.S. and global economies will slip into recession. The aerospace, insu...
  • American Law On Documentary Credit Fraud
    5,374 words
    1 Introduction - Letters of Credit in International Trade. In international trade, payment by means of a letter of credit has become so widely used that Justice Kerr of the English Court has called the instrument, "the life-blood of international commerce". [1] It is the most effective method to secure payment in an international trade transaction, in a way that takes care of the interests of both the seller and the buyer. This is due to the sanctity of the document. 1.1 Difficulties in Internat...
  • Telephone Company And Order Two Phone Lines
    3,476 words
    Setting up a Dummy Corporation... How to get anything you ever wanted for free... The "system" is a series of checks and balances. It's an insiders club and unless you know the rules or are willing to break them, you " ll probably never have a pot to piss in. Not... Where does it say, we have to put up with, read about or watch on TV, the exploits of people like Donald Trump, Robin Leach or one of the "Kennedy's". Personally, I'm tired hearing about all their bullshit. Who gives a shit what Hill...
  • Lender Of Last Resort To Domestic Banks
    703 words
    Summary of "Dollarization: A Scorecard". Recently, Ecuador announced that it would replace it's local currency, the sucre with the US Dollar for all purposes. This change was intended to help return the country to growth and prosperity. This "Dollarization" has become a popular topic and has been considered by many developing nations in Latin America and other regions... By implementing dollarization, a developing country would accept the following consequences: 1. It's government would give up ...

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