Early 1990s was the beginning of the internet era and many companies were coming online, issuing IPOs to expand their business. Blind trust of the public in the dotcom companies pushed the stock price of the many companies to a new heights and this makes their market value much more than their intrinsic value. To read more, check out my blog.
Tag Archives: financialservices
Enron- The Largest Bankruptcy in U.S. History
This biggest scam in the history of US. Yes, I’m talking about Enron. This happened in 2001 when this $70 billion US company went bankrupt in few days. You might be surprised to know the story behind this. I assure this story will intrigue you. Go check out my blog.
Term Life Insurance
As the name itself suggest, the term life insurance is only for a specific period of time which ensures the coverage payment if the insured person died during the period of the term specified. Read the blog to know about it more.
JP Morgan and Titanic
There are claims that JP Morgan was involved in the Titanic incident an that was a deliberate act rather than an accident. The fact the JP Morgan was not on the ship, when he was supposed to, strengthen the claims. Check out the blog for more details.