Video: Kidnappers used canes and stones on a UniJos student, John Arum Azi, made him denounce Jesus. In pains he yelled "Jesus! Jesus!" It provoked them and they intensified the beáting saying "I thought you said you don't know Jesus.?" ₦30M demanded.
Video: Kidnappers used canes and stones on a UniJos student, John Arum Azi, made him denounce Jesus. In pains he yelled "Jesus! Jesus!" It provoked them and they intensified the beáting saying "I thought you said you don't know Jesus.?" ₦30M demanded.
This cartoon was created in 1952, and it describes stock investing so well.
Quick add: the description of investment banking here is when it takes on the role of an "underwriter". The value-add to clients is immediate liquidity, and the "sweetness" is if the bank successfully sell the shares to investors at a higher price.
In reality, most investment banks just act as brokers. That is, they just connect the company with investors. This is because underwriting deals means that the bank must have robust capital and liquidity, plus they are taking on the potential risk that the shares sale might underperform, thus leaving them with losses.
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