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Alibaba Group Holding Limited, branded as Alibaba, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.Founded on 28 June 1999 [1] in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer ...
The Ponzi Scheme is named after him. He claimed he would double investors' money in 90 days through a bizarre plan to buy and resell international postal-reply coupons. (These, according to the U.S. Postal Service, then operating as the Post Office Department, actually cannot be redeemed for cash.)
Coupon (finance) In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond. [ 1] Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. [ 2]
Donald Sterling. Donald T. Sterling (born Donald Samuel Tokowitz; [ 1] April 26, 1934) is an American attorney and businessman who was the owner of the San Diego/Los Angeles Clippers professional basketball franchise of the National Basketball Association (NBA) from 1981 to 2014. In April 2014, Sterling was banned from the NBA for life and ...
Budget. $25 million [ 2] Box office. $73.3 million. The Shawshank Redemption is a 1994 American prison drama film written and directed by Frank Darabont, based on the 1982 Stephen King novella Rita Hayworth and Shawshank Redemption. The film tells the story of banker Andy Dufresne ( Tim Robbins ), who is sentenced to life in Shawshank State ...
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