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Securities and exchange commission? Regressive tax! Value added tax (VAT), Split capital investment trusts; Stagflation⏎
shareholder; Real values! sivs! Tangible common equity ratio: recession⏎
Tangible common equity ratio Serious fraud office (SFO)! stamp duty (equities)! spot market/spot price? Securities and exchange commission⏎
takeover bid? Write down, write off! soft commodities (SOFTS)! tangible common equity ratio. Tarp (troubled asset relief programme)⏎
Shareholder: Yield, Special liquidity scheme? Real interest rate; Tangible common equity ratio⏎
Underwriter (shares) Turnover: Zombie funds, Vulture funds! Unemployment⏎

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