White Papers

  •   The London Interbank Offered Rate (LIBOR) began when banks realized they needed a consistent benchmark to reflect the cost to borrow on an unsecured basis in “wholesale” markets, for bank-to-bank services. Today LIBOR is the most widely used interest rate benchmark in the world and determines the interest rate on a range of financial instruments including mortgages, student loans, government loans, and currency swaps, among others. LIBOR is calculated and published daily across five...
    Post date: : 08/07/2019 - 5:44pm
    Category: White Papers
  •   “If the flap of a butterfly’s wings can be instrumental in generating a tornado, it can equally well be instrumental in preventing a tornado.” -Edward Lorenz Interesting to consider, no? Pop culture is very familiar with the adage about a butterfly’s wings flapping in one part of the world ultimately causing a tornado in a completely different part. We often interpret this on a kind of karmic scale, considering the far-reaching consequences of seemingly insignificant actions. However,...
    Post date: : 08/05/2019 - 11:24am
    Category: White Papers
  •   PART I: WHAT IS SOCIAL SECURITY AND HOW DOES IT WORK? Established in 1935 by President Franklin D. Roosevelt’s New Deal, Social Security is a comprehensive federal program designed to provide American workers and their dependents retirement income, disability income, survivorship payments, and death benefits. The Social Security system is one of the world’s largest government run programs, paying hundreds of billions of dollars per year in benefits to retirees across the country. The system...
    Post date: : 07/29/2019 - 10:57am
    Category: White Papers
  • The four most powerful words in the universe of bonds are “full faith and credit.” These words apply to government Treasury bills, notes, and bonds whose timely interest and principal payments are backed by an unconditional guarantee from the United States Government. Since Treasury securities are backed by the full faith and credit of the government, they are referred to as “risk free” securities. The government cannot default on its obligations, as it has the power to levy taxes or print...
    Post date: : 03/08/2019 - 6:19pm
    Category: White Papers
Scroll to Top