The US banking sector had its worst week in the last 50 years.Yes, it was even worse than the Great Financial Crisis (GFC) of 2008. In a week, three large banks collapsed. All of them were either VC-facing or crypto-facing: Silvergate, Silicon Valley Bank, and Signature Bank. Only Silvergate...
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There are several reasons why people do not care about the environment, all of which are deeply rooted in our cultural beliefs, values, and worldviews. Yes, that’s right, read that again if you need to – the problem arises from what we believe about our world since all our...
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Many banks make mortgage loans so people can buy a home but then do not keep the loans on their books as an asset. Instead, the bank sells the loan. These loans are often “securitized, ” bundled into a financial security sold to investors. Investors in these mortgage-backed securities...
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If you own shares in the Walt Disney Company, you can spend an extra $50 to buy a fancy paper stock certificate. But there is an important disclaimer on the website where you buy the certificate: “Please note: This is a decorative item being sold, not a valid, negotiable...
Read MoreA business (also known as an enterprise, a company, or a firm) is an organizational entity and legal entity made up of an association of people, be they natural, legal, or a mixture of both who share a common purpose and unite in order to focus their various talents...
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