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How Bernard Madoff Did It Voc. Lessons 7-8 Flashcards | StudBud
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How Bernard Madoff Did It Voc. Lessons 7-8
How Bernard Madoff Did It Voc. Lessons 7-8
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13 vocabulary words
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1
an organization that trades stocks for customers
broker-dealer firm
Potemkin-like
stock market
morbidly
2
smaller amounts of money that invest into larger master funds
channeled funds
fluctuation
feeder funds
Potemkin-like
3
pains & suffering because of hardships
fluctuations
channeled assets
broker-dealer firm
travails
4
apparently impressive, but actually false
voyeuristic
fluctuations
Potemkin-like
morbidly
5
having the quality of being an 'obsessive observer'
morbidly
Potemkin-like
fluctuation
voyeuristic
6
unhealthily, unwholesomely, gloomy, or extreme
voyeuristic
channeled assets
broker-dealer firm
morbidly
7
any small scale loosely organized industry
cottage industry
voyeuristic
feeder funds
broker-dealer firm
8
an investment fund that invests large amounts of $ using risky methods
hedge funds
hedge the portfolio
feeder funds
channeled assets
9
the risks between the return you hope to get and the return you actually receive
downside risks
channeled funds
travails
feeder funds
10
to reduce losses of the combined investments
Potemkin-like
downside risks
hedge the portfolio
hedge fund
11
moved assets (money or stocks)
hedge the portfolip
channeled assets
feeder funds
hedge funds
12
irregular rising & falling in number and amount
Potemkin-like
morbidly
stock market
fluctuations
13
a place where shares of a company are bought & sold
feeder funds
travails
stock market
cottage industry