Here are details of how he made financial history with “Bowie Bonds.” Put down the key points:
David Bowie’s Financial Innovation: Royalty-Backed Bonds
1. What was so innovative about David Bowie’s way of issuing bonds? When did he do it? Who assisted Bowie in innovating the incredible merit between rock music and Wall Street?
2. What was the initial idea of the rock star?
3. What was the securitization of royalties aimed at?
4. What function did this financial vehicle fulfil after?
5. How much did it bring him?
6. How was this model emulated by the others?
7. What did he say about his decision in the interview with the New York Times?
8. How did the investors rank “Bowie Bonds” in 2004?
9. Did the idea prove its consistency with other icons? For Bowie himself?
