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Finance > Homemade Leverage
The following information is about Homemade Leverage.
Homemade Leverage Defined
Idea that as long as individuals borrow (or lend) on the same terms as the firm, they can duplicate the effects of corporate leverage on their own. Thus, if levered firms are priced too high, rational investors will simply borrow on personal accounts to buy shares in unlevered firms.
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Kind "˜torn"™ over bailout vote; challengers critical of pork
Published October 2, 2008, 10:06 pm, La Crosse Tribune
Though unapologetic over his vote for the failed financial industry rescue package, U.S. Rep. Ron Kind is torn over a version of the bill that the Senate returned Wednesday laden with pork.
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