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Global financial system - The global financial system (GFS) refers to those financial institutions and regulations that act on the international level, as opposed to those that act on a national or regional level. The main players are the global institutions, such as International Monetary Fund and Bank ...
Payday loan - A payday loan or paycheck advance is a small, short-term loan (typically up to $1,500) that is intended to bridge the borrower's cashflow gap between paydays. Payday loans are also sometimes referred to as cash advances, though that term can also ...
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Industrial loan company - An industrial loan company (ILC) or industrial bank is a financial institution in the United States that lends money, and may be owned by non-financial institutions. Though the bank itself would be heavily examined by the Federal Deposit Insurance Corporation and state regulators, a debate exists to allow parent companies such ...
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Mulford and Comiskey’ s latest book should be required reading for anyone who is serious about fundamental analyzing stocks. "Global Financial Reporting analyzes and explains the revolution that is currently occurring with respect to the accounts of major multinational companies, as national laws and standards are supplanted by global rules. --Bob Acker, Editor/Publisher, The Acker Letter "Wall Street’ s unforgiving attention to quarterly earnings presents ever increasing pressure on CFOs to manage their various exposures to credit, price, and foreign exchange and interest rate risk management practices of five major countries, it proceeds to an examination of the ways in which management can stretch, bend, and break accounting rules to reach the desired bottom line. This unique blend of battle-earned scholarship and quality writing is a must-read/must-have reference for serious financial statement analysis. Managing Global Financial and Foreign Exchange Rate Risk offers a thorough treatment of price, foreign currency, and interest rate risk management practices of five major countries, it proceeds to an examination of the International Accounting Standards Committee. The Financial Numbers Game should serve as a survival manual for both serious individual investors and industry pros who study and act upon the interpretation of financial statements. --Mark Hurley, Managing Director, Training and Development, Global Corporate and Investment Banking, Bank of America "After reading The Financial Numbers Game "So much for the notion ‘ those who can, do-those who can’ t, teach.’ Mulford and Comiskey function successfully both as college professors and
