FT Alphaville- Thoughts for the weekend July 20, 2018“...which had been built as an act of kindness”
- Deference to the Fed? No. Respect? Yes. July 20, 2018The President passes, then fails this test
- Imperial College corrects eToro cryptopuff: it wasn't 'research' after all July 20, 2018The distinction is not academic.
- Markets Live: Friday, 20th July, 2018 July 20, 2018
- An environmental run on the bank July 20, 2018Financial institutions need to insure against reputational shocks.
- Thoughts for the weekend July 20, 2018
Category Archives: Equity
Conflict between shareholders and lenders: the perfect example
For years, I have been explaining to my students that there is a potential conflict of interest between the owners of a company and the people that lend money to it. Indeed, shareholders have the chance to get an upside on … Continue reading
Posted in Choice Debt Equity, Equity
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