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Bonding As Tool For Sustained Economic Growth
In the modern financial system bonding is requested on large and governmentally subsidized construction projects. To be sure that a project will be executed with needed quality General Contractors and even the Subcontractors are required to be bonded as a precondition for even bidding on these projects. To acquire bonding a company is underwritten by the issuer or the bond holding company.
The New Economic Frugality – Gordon Gekko Was WrongWhat have we learned from Gordon Gekko? Obviously we learned that greed is not good. But are we prepared for the new economic reality?
