Dr. Rasmus examines the Trump budget released this past week, which is based on a crude restatement of Supply Side economics bullshit that has had…
Moody’s Investors Service
It has been and continues to be an interesting week for Wells Fargo, with widespread coverage from mainstream news outlets; John Stumpf, Wells Fargo’s CEO,…
Those who have been reading my work for any length of time know I have been adamant we would someday face a “global margin call”.…
Puerto Rico’s governor may have said the commonwealth’s debt is unpayable, but that doesn’t mean Puerto Ricans aren’t going to pay for it. Vulture capitalists…
I thought junk bonds were ‘high risk – high return’ whereas I’d have thought Chicago was more ‘high risk – no return. Not so much junk…
Last month, we documented the case of Louisiana State University, the large, well-known public institution whose 2014 enrollment totaled nearly 31,000 students. LSU, it turns…
Approximately $8 billion in debt securities are affecting a popular investor’s service decision about one of biotech’s biggest. Investing credit rating company Moody’s has affirmed…
Despite attempts to portray the work of the “big three” as globally oriented, the rating agencies maintain a close link to the US financial institutions.…
by Ian Blohm, Oriental Review Despite attempts to portray the work of the “big three” as globally oriented, the rating agencies maintain a close link…