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Category Archives: Main Page
Financial industry lawsuits reveal its true colours
For all those relying on the much marketed “expertise” of their investment brokers/advisers, here is an illuminating story: the Financial Industry Regulatory Authority is considering restricting the ability of brokers to sell a product if they cannot explain its risks … Continue reading
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Full circle: junk loan demand tops ’08 record
Ho hum…its that part of the cycle where people have lost their minds again. See: Junk loans top ’08 record as safeguards stripped The amount of loans to the riskiest U.S. companies ballooned to a record this year, propelled by … Continue reading
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Chanos: “Best time in recent memory to get short”
Billionaire investor Jim Chanos, who famously shorted Enron before the company collapsed, told CNBC on Thursday that now is one of the best times in recent memory to get short. “I think the risks have increased in the U.S. market … Continue reading
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