Sun 30 Nov 2008
Online option trading - This “foreign commercial paper” and these “financial notes” are payable in dollars at an American bank.
Posted by under 1No Comments
wrote an interesting post today on
Here’s a quick excerpt
The payment in dollars protects the investor against devaluation of the foreign currency. The loans also carry local bank guarantees, and if the bank is sound the guarantee means something. These are some of the rates obtainable in mid-1961: This type loan can be secured through international banks with branches in the United States, from American banks with foreign branches and through private investment organizations which will be listed later. The only difficulty is that such investment opp
Read the rest of this great post here