8 Updates

NY judge to Argentina: The court will be obeyed

Source: Belleville News-Democrat, Nov 22 2012, 8:17am CST

BUENOS AIRES, Argentina — Argentina is running out of wiggle room in a billion-dollar showdown over foreign debts left unpaid since the country's world-record default a decade ago, and the stakes couldn't be higher for Presi ...

Continue reading on: Belleville News-Democrat

 
 
Update
8

9 hours ago

Central banks driving yields

Source: GulfToday.ae  |   May 19 2013, 4:02pm CDT

NEW YORK: With the world’s biggest central banks driving yields on safe assets to near zero, some investors are tossing caution to the wind and rushing to buy illiquid and previously overlooked bonds sold by coun ...

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Update
7

4 days ago

Asset Inflation And Bond Bubbles, Fed Policy At Work

Source: Seeking Alpha  |   May 15 2013, 1:56pm CDT

Since 2008, there has been a world war raging pitting the world's central banks against global economic meltdown. The central banks' main weapon has been some of the loosest monetary policies in history. Thus far, it is too early to deter ...

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Update
6

25 weeks ago


Quote:
"There is no reason to believe - and common sense rejects - the notion that Argentina would harm its reputation and credit, and unnecessarily allow tens of billions of dollars of debt to accelerate, simply to avoid paying the plaintiffs $1.43 billion"


Source: Belleville News-Democrat

 

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Update
5

6 days ago

10 biggest reasons we're in debt

Source: FOX Sports  |   May 13 2013, 6:45pm CDT

The biggest debt is the one we didn't make. The national debt. Not one of us signed for this debt. I think lawmakers should shoulder the blame for that. They should be forced to sell whatever they have and pay on the debt. Their bank accounts ...

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Update
4

6 days ago

This Week In Credit Card News: Huge Growth In China, Mandatory Personal Finance Classes In School

Source: Forbes  |   May 13 2013, 1:02pm CDT

A weekly summary of the top credit card stories that appeared in major publications across the country. The Ms. Magic credit card from China Citic Bank is dotted with Swarovski crystals and offers free beauty treatment ...

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Update
3

6 days ago

BNY Mellon appeals ruling on notes

Source: Pittsburgh Business Times  |   May 13 2013, 12:34pm CDT

Patty Tascarella covers accounting, banking, finance, legal, marketing and advertising and foundations. Contact her at ptascarella@bizjournals.com or 412-208-3832. . The Bank of New York Mellon Corp. is appealing a May 8 fed ...

Continue reading on: Pittsburgh Business Times  More like this

 
Update
2

6 days ago

Argentina faces very different debt default if loses legal fight

Source: Yahoo News: Business  |   May 13 2013, 6:05am CDT

By Hilary Burke BUENOS AIRES (Reuters) - When Argentina defaulted on its debt in 2002, the economy was collapsing and a bloody popular revolt had helped topple two presidents in a week. Now, the country could d ...

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Update
1

6 days ago

Bank of NY Mellon appeals ruling on Chesapeake bond lawsuit

Source: Reuters Mobile  |   May 13 2013, 2:26am CDT

May 13 (Reuters) - Bank of New York Mellon Corp is appealing against a district court judgment that allowed Chesapeake Energy Corp to redeem $1.3 billion of notes six years before their maturity date, a court filing s ...

Continue reading on: Reuters Mobile  More like this

 
 
 
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