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Facts and Fictions in the Securities Industry

By: Sam Vaknin

...a – write to: palma@unet.com.mk Visit the Author Archive of Dr. Sam Vaknin in "Central Europe Review": http://www.ce-review.org/authorarchives/... ...iably tied to the firms' market capitalization, management strives to maximize the former by manipulating the latter. Very often, the only way to a... .... Return The Value of Stocks of a Company The debate rages all over Eastern and Central Europe, in countries in transition as well as in Western... ...ers are fundamental: these models rely on the company's performance and assets. The former models are applicable mostly to companies whose shares ar... ...led Albania to the verge of disintegration and a civil war. Rioters invaded police stations and army barracks and expropriated hundreds of thousand... ...underous disintegration of the Bank for Credit and Commerce International (BCCI) in London in 1991 revealed that, for the better part of a decade, ... ...ished by United Press International (UPI) Claud Cockburn, writing for the "Times of London" from New-York, described the irrational exuberance that ... ...service. Predictably, failure ensued - from electricity utilities in California to railway operators in Britain. The simultaneous crumbling of thes...

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