New Juggernaut

Please choose the most appropriate answer for each sentence.
  • 1

    CHICAGO, July 10, 2007 - Even before the Chicago Mercantile Exchange's $11.9 billion purchase of the crosstown ..... won final approval from shareholders, industry experts were speculating on possible acquisitions ahead for the new juggernaut of the financial exchange industry.

  • 2

    The ..... market exists wherever one currency is traded for another; by far the largest financial market in the world, it includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions.

  • 3

    Managers' power to influence bids can be strong if they act in concert, threatening a hostile bidder with a mass exodus (the '..... defense'); faced with a mass exodus of management, acquirers may be unwilling to proceed with the bid, because they often need existing management to train new management.

  • 4

    STONE HARBOR- A referendum election for a bond ..... appropriating millions of dollars for various improvements in the borough overturned the proposal June 26: of the 819 registered voters, 497 turned out to vote.

  • 5

    The Pension Benefit Guaranty ..... protects the retirement incomes of nearly 44 million American workers in 30,330 private-sector defined benefit pension plans; it was created by the Employee Retirement Income Security Act of 1974.

  • 6

    A Section 457 ..... compensation plan for employees of state and federal governments and agencies is similar to a 401(k) plan, except there are never employer matching contributions and the IRS does not consider it a qualified retirement plan.

  • 7

    The annual ..... statement is a yearly statement to borrowers that details the remaining principal and amounts paid for taxes and interest.

  • 8

    In October 1931, the New York Stock Exchange de facto prohibited short sales at a price lower than the previous sale; that is, short sales could not be executed on ......

  • 9

    US ..... tax is deducted from our payroll in order to cover a portion of our retirement income when we reach age 65, but also as a survivor benefit, should we become disabled or die as a result of work - in which case the surviving spouse and children would receive a monthly income supplement.

  • 10

    ..... preferred stock contains a provision that allows the corporation to buy back and retire the preferred stock at a specified price, sometimes at a premium; the stockholders have no choice but to resell the stock to the corporation when it exercises this provision.

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