June 06, 2024
In 1997 David Bowie raised $55 million by selling investors securities backed by the royalties of 25 of his albums. The so-called “Bowie Bonds” had a 7.9% return over 10 years, higher than the 6.37 percent of a 10-year U.S. Treasury note.
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6 Questions About the History of Money and Banking Answered
Important questions asked and answered, briefly.
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