Bank Loans And Stock Exchange Speculation
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In our eReader you can find the full English version of the book. Read Bank Loans And Stock Exchange Speculation Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Bank Loans And Stock Exchange Speculation
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Capital is made more mobile without sacrifice of productivity, and both the business community and the investing public are benefited.
In all this speculative activity plays no part. There is some complaint that commercial banks are disposed to discriminate, either as to percentage of collateral or as to general acceptability in favor of particular securities to the detriment of others of equal intrinsic worth but of less marketability; but this is either prudence or ultra- conservatism, as the... case may be, reflecting the personal equation of the bank directorate or the business temper of the particular community. In the case of "controlled" institutions tliis discrimination is commonh" charged to be inspired by less justifiable considerations, and recent exposures have shown some startling instances in point. But for this as for the related practice of imprudent cor- porate loans secured by the borrowing corporation's own securities, or, indeed, for any other fonn of reckless com- mercial discounting, there is no other safeguard than rigid supervision and relentless accountability.
What to read after Bank Loans And Stock Exchange Speculation?
You can find similar books in the "Read Also" column, or choose other free books by Hollander, Jacob Harry, 1871-1940 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Capital is made more mobile without sacrifice of productivity, and both the business community and the investing public are benefited.
In all this speculative activity plays no part. There is some complaint that commercial banks are disposed to discriminate, either as to percentage of collateral or as to general acceptability in favor of particular securities to the detriment of others of equal intrinsic worth but of less marketability; but this is either prudence or ultra- conservatism, as the... case may be, reflecting the personal equation of the bank directorate or the business temper of the particular community. In the case of "controlled" institutions tliis discrimination is commonh" charged to be inspired by less justifiable considerations, and recent exposures have shown some startling instances in point. But for this as for the related practice of imprudent cor- porate loans secured by the borrowing corporation's own securities, or, indeed, for any other fonn of reckless com- mercial discounting, there is no other safeguard than rigid supervision and relentless accountability.
What to read after Bank Loans And Stock Exchange Speculation?
You can find similar books in the "Read Also" column, or choose other free books by Hollander, Jacob Harry, 1871-1940 to read onlineMoreLess
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