March 22, 2009

Chapter 43 (Angel Falling Softly)

A keiretsu is a group of related companies with interlocking management and financial relationships. A keiretsu has a funding institution at its core, usually a large commercial bank.

A "boiler-room" operation is a telemarketing firm that uses high-pressure and dishonest sales tactics. When selling financial instruments such as penny stocks, they are also known as "bucket shops."

Labels: ,