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Conflicts in the credit-derivatives market threaten to undermine itA ruling on the exact meaning of a complex contract surprises markets Oh cool. Banks are gonna fuck the economy again Oh wow! You choose to put this picture in the article? Way to go.
Source: TheEconomist - 🏆 6. / 92 Read more »
Student Loan Startup Climb Credit Raises $50 Million From Goldman SachsForbesUnder30-founded Climb Credit announced that it has secured $50 million in lending capital from the Goldman Sachs Urban Investment Group for its student loan startup
Source: Forbes - 🏆 394. / 53 Read more »
Why do terrorists claim credit for some attacks but not others?Perpetrators do not want to appear too extreme or incompetent Nothing on the percent of these attacks attributable to government agents?
Source: TheEconomist - 🏆 6. / 92 Read more »
Cramer: Why companies like Alphabet get 'little to no credit' for their massive cash pilesJim Cramer breaks down the market's obsession with how large technology companies like Alphabet and Apple use their cash. smh... The big can fall as well Cash is an underperforming asset. Tax them 77% on it, lol AOC
Source: CNBC - 🏆 12. / 72 Read more »
Intesa gets as much market credit as deservedItaly’s top retail lender kept a dividend promise despite a weak fourth quarter and pruned 16 billion euros of dud loans from its balance sheet. That justifies its valuation premium over many rivals. But with the economy weakening at home, a richer one seems a big ask.
Source: Breakingviews - 🏆 470. / 51 Read more »
2019 is the year of travel with these limited time offer credit cardsThere’s no doubt that these handsome bonus offers can help you easily make 2019 a year of travel.
Source: Newsweek - 🏆 468. / 52 Read more »
Federal Reserve Survey Shows Tighter Lending Standards, Weakening Credit DemandDemand from consumers and business for loans weakened in the fourth quarter while banks tightened their lending standards, according to a Federal Reserve survey. Nothing to worry about. this was probably just a glitch
Source: WSJ - 🏆 98. / 63 Read more »
Even skeptics wonder: Does Trump deserve some foreign policy credit?Some are grudgingly conceding that Trump’s bulldozer mentality has pushed leaders to have difficult conversations — even if the byproduct is chaos. Trump is making them do their job face the tough decisions that's what you get paid for that's why Republicans and Democrats dislike him so much and want him gone “When he farted loudly at my dinner party, I concede that he pushed me to think about how I took my food not smelling like shit for granted. Thank you, brilliant brave Donald.”
Source: politico - 🏆 381. / 59 Read more »
Mexican president rejects Pemex downgrade, touts anti-graft pushMexican President Andres Manuel Lopez Obrador brushed off a credit downgrade to ... Makes sense. The downgrade was made by an agency which knew of the corrupt operations of previous presidents and Pemex, but decided to ignore such corruption. One wonders what interests are behind Fitch decision to downgrade Pemex now when corruption is being attacked. Asi empiezan los grandes socialismos del siglo XXI IGNORE HIM! Problem solved.
Source: Reuters - 🏆 2. / 97 Read more »