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Learn about Leveraged Buyouts with iMinds Money's insightful fast knowledge series. Leveraged buyouts originated in the early 1960’s. It is also known as a hostile takeover, a highly-leveraged transaction, or a bootstrap transaction. In effect, it is a tactic through which control of a corporation is acquired by buying up a majority of their stock using borrowed money.

Neville Lancelot Goddard was born in Barbados in 1905. He came to the United States to study drama at the age of 17 and whilst touring with his dance company in England he developed an interest in metaphysics after a Scotsman he met lent him a series of books on the powers of the mind. On his return he gave up the entertainment industry to devote his full attention to the study of spiritual and mystical matters.