Daily Archives: May 6, 2015

60 Minutes on the largest mass migration since WWII

Every day desperate migrants are packed into rubber rafts and overloaded fishing boats in Libya and sent toward the Italian coast. They spend hours or days hoping to be rescued before they sink. It is a dangerous gamble and the … Continue reading

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Credit markets frothier than the 2007 bubble peak

Remember in the spring of 2007 when credit and stock markets were priced for perfection, volatility was at record lows, complacency at record highs, and the consensus felt confident good times would continue? Benefit Street Partners President Richard Byrne discusses … Continue reading

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Traders rolling oil up Sisyphus hill?

In Greek mythology King Sisyphus was punished for chronic deceitfulness by being compelled to roll a massive boulder up a hill, only to watch it roll back down on him repeatedly. After a torrid ascent since last summer, the US … Continue reading

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