A consensus theory of valuethat allows people to debate risk and value with the same set of meanings without stifling independent thought Apublic, unified, consistent set of benchmarkson which to convert valuation to wholesale quality grades, also known as acredit rating scale. Our fractured finan...
success or failure often depended on the story a man could tell about his own life or that others could tell about him. Bureaucratic institutions such as credit-rating agencies, bankruptcy courts, and charity bureaus added their own form of ...
restructuring and bankruptcy, or even a drop in the borrower'scredit rating.[8]CDS contracts on sovereign obligations also usually include as credit events repudiation, moratorium and acceleration.[10]Most CDSs are in the $10–$20 million range[16]with maturities between one and 10...
The concept of Internet finance can be traced back to the earlier concept of electronic finance (e-finance) or network finance, which has been defined in MBALib (http://wiki.mbalib.com/wiki/%E4%BA%92%E8%81%94%E7%BD%91%E9%87%91%E8%9E%8D) as “the network technology and finance ...
Internet finance, enabled by ICT, is evolved from electronic commerce. The concept of Internet finance can be traced back to the earlier concept ofelectronic finance(e-finance) ornetwork finance, which has been defined in MBALib (http://wiki.mbalib.com/wiki/%E4%BA%92%E8%81%94%E7%BD%91...