of business practitioners and contractors, then check the overall risk within the scope of required funding is a loan by calculating the appropriate limit. Interest rates and fees will be determined after an internal review. And normally loan is renewable up to 5 years. Methods of repayment classify according to business such as balloon payment and redemption by amortization. Mortgage costs, inve
of Japan lowers the interest rate at 0%. In 2001, the U.S. lower its interest rate suddenly after the dotcom bubble burst. Yen carry assets were paid off again.
3) Japan continued to retain the zero interest rate and the U.S. rose the interest rate so that Yen carry trade began. Due to the subprime mortgage crisis, Yen carry assets were paid off.
The IMF Staff’s paper analyzes the relat
of Enron Crisis
1. Window dressing settlement
Enron's nontransparent financial statements did not clearly detail its operations and finances with shareholders and analysts. In addition, its complex business model stretched the limits of accounting, requiring that the company use accounting limitations to manage earnings and modify the balance sheet to portray a favorable depiction of its pe
Settlement: BIS)의 자기 자본 비율을 제고 할 수 있게 된다.
Ⅱ. 주택저당채권유동화제도(MBS)의 의의
금융기관이 주택소비자에게 주택자금을 대출한 후 보유하게 되는 주택저당채권은 대출자가 대출자금을 모두 상환하는 만기 시까지 금융기관의 대차대조표상에는 자산으로 기록된다. 그러나 그 동안
1. What is the "Hedge Fund"
1.1 What is Hedge Fund?
1.1.1 Definition of the "Hedge Fund"
1) What is a hedge fund?
"Hedge fund" is a general, non-legal term that was originally used to describe a type of private and unregistered investment pool that employed sophisticated hedging and arbitrage techniques to trade in the corporate equity markets. Hedge funds have traditionally been limited t
of the most destabilising elements of the crisis has been the procyclical amplification of financial shocks throughout the banking system, financial markets and the broader economy. The tendency of market participants to behave in a procyclical manner has been amplified through a variety of channels, including through accounting standards for both mark-to-market assets and held-to-maturity loans,
II. Yen carry trade
II. 1. What is Yen carry trade?
II. 1. (1) Typical meaning
The typical meaning is “borrowing at low interest rates in yen and using the loan to buy higher yielding assets elsewhere.” During the past decade, the trade has become a “staple” for many investors. One of the most popular forms of the strategy exploits the gap between US and Japanese yields. Anyone
ⅱ) Insolvency of enterprise and bank
- Insolvency of enterprise
In 1997, average debt ratio of Korea enterprises was 333%. It was relatively higher than that of USA(159%) and Japan(206%)
It caused insolvency of the enterprises, which lead to major companies went bankrupt.
- Insolvency of bank
at that time, Many Chiefs of financial organizations was sent from above(낙하산 인사).
2. Brief Business Summary - MUHAK (주)무학 (http://www.muhak.co.kr/)
In 1929 muhak manufactured soju and sake in the manufacture Co., starting with the digestion liquor choi wei seung honorary chairman in 1965 (current) to change the business name of the brewery muhak, started manufacturing diluted soju. The pcublem of the difficulties of a small manufacturer of Soju w, sheavy. Sationaliz
of the takeover plan in my company.
(나는 방금 우리 회사의 인수 계획을 알았다.)
(4) turnover : 반환
We talked about the turnover of Hong Kong.
(우리는 홍콩 반환에 관해서 이야기했다.)
(5) revenue : 소득, 수익
What was the total revenue of our company?
(우리 회사의 총수입이 얼마였죠?)
(6) trade sanction : 무역 제재
The U. S T