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Daily Archives: April 1, 2014
Shining light on unethical practices and profits
We live in a time where so many have been extracting hidden profits without any scrutiny, scruples or penalty via unfair advantage and opaque business models designed to dupe others, that it has literally become the systemic norm, with many … Continue reading
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Twice as many covenant-lite loans issued today as in 2007
For a while there the world was acknowledging the peak of sub-prime, levered loan issuance in the 2007 credit bubble as the zenith of crazy, reckless behavior. Well that was then. Today memories are evidently blank once more. Courtesy of … Continue reading
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Too much debt causing China’s slowdown
As we listen to this very lucid discussion of what Chinese policy makers need to do in order to allow a necessary re-balancing in the world’s second largest economy, we should realize that precisely the same revelation and new approach … Continue reading
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