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Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Air Traffic Controllers Strike
Non-Dividend Paying Corporation
A corporation that chooses not to distribute any part of its earnings to shareholders as dividends, typically to reinvest in the business.
Limited Liability Company
An organizational form that merges the direct taxation benefits of a partnership or sole proprietorship with the limited legal responsibility characteristic of a corporation.
Hedge Funds
Investment funds that employ diverse strategies to earn active returns for their investors, often engaging in more complex trading, portfolio-construction, and risk management techniques than conventional mutual funds.
Aggressive Financial Strategies
Financial tactics that involve higher risk to achieve potential higher returns, often characterized by significant borrowing and rapid growth objectives.
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