Author: roddubitsky

Banks Are The Largest Holders Worldwide Of Leveraged Loans And Collateralized Loan Obligations

Banks Are The Largest Holders Worldwide Of Leveraged Loans And Collateralized Loan Obligations

While some would say there is less systemic risk with CLOs tbe interconnection between private equity, CLOs and the real economy is staggering. 65% of leveraged loans are funded by CLOs. From pensions invested in PE to the millions of real jobs connected to PE owned firms to bank exposure, CLOs may present MORE systemic …

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Universal credit scam ‘leaves claimants up to £1,500 out of pocket’

Universal credit scam ‘leaves claimants up to £1,500 out of pocket’

Universal credit scam ‘leaves claimants up to £1,500 out of pocket’ More evidence UC program is hopelessly broken and needs to be scrapped or redesigned root and branch. #UniversalCredit https://www.theguardian.com/society/2019/jul/09/universal-credit-scam-leaves-claimants-pounds-hundreds-out-of-pocket?CMP=Share_AndroidApp_WordPress