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Quote by Benjamin Disraeli

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Benjamin Disraeli
Benjamin Disraeli

Benjamin Disraeli was a prominent British politician who served as the Leader of the House of Commons. Born on December 21, 1804, in London, he passed away on April 19, 1881. Disraeli was known for his political acumen, oratory skills, and literary achievements. more

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“Thus a long term corporate bond could actually be sold to three separate persons. One would supply the money for the bond; one would bear the interest rate risk, and one would bear the risk of default. The last two would not have to put up any capital for the bond, though they might have to post some sort of collateral.”