WSJ says Visa left money on the table. What does that mean? First, let’s understand what the term means. The term “leaving money on the table” comes from poker. It happens when an opponent’s bluff causes you to fold a winning hand. Had you played your hand, you would have won the pot and claimed [...]
Archive for the ‘Finance’ Category
Visa will hold its IPO next week and start selling shares on Wednesday, March 26. Chances of me as a tiny investor to get in on this IPO are slim, but I will try through E*Trade. Shares are estimated to be priced between $37-$42. I’m thinking about investing about $300-$350. Ideally, I’d put more in, [...]
Where did the bank run on Bear Stearns even begin? Financial institutions have been suffering from the sub-prime-mortgage debacle since August, so what triggered it for Bear at this time and why Bear? First, there was a rumor circulating that European banks had stopped trading with Bear. Afraid to lose their cash in the event [...]
