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The Gateway Pundit was founded prior to the 2004 United States presidential election, [42] according to its founder, Jim Hoft, to "speak the truth" and to "expose the wickedness of the left". [43] The website's name makes reference to the Gateway Arch in the city of St. Louis, Missouri, where Hoft resided as of February 2018. [44]
In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond . Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of ...