Category: Original content

Investors brace for consumer debt defaults if US relief stalls | Financial Times

Investors brace for consumer debt defaults if US relief stalls | Financial Times

Several issues to consider – 1) how much have loan modifications and forbearance artificially suppressed defaults and delinquencies, 2) how many jobs have been permanently lost due to downsizing and company BK, 3) how many jobs are vulnerable to the ebb and flow of reopening economy. The reopening economy jobs should be targeted by directly …

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On eve of bankruptcy, U.S. firms shower execs with bonuses | Article [AMP] | Reuters

On eve of bankruptcy, U.S. firms shower execs with bonuses | Article [AMP] | Reuters

Bonus before bankruptcy or BBB. Where is the governance? Hopefully some of the bonuses will be subject to clawback. The beauty of the “heads I win, tails you lose” C-Suite. When company does well bonus is well deserved, when company does poorly they need to retain management to execute “visionary” turnaround. And when board is …

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Weighing Sweden’s Coronavirus Model – The Wall Street Journal.

Weighing Sweden’s Coronavirus Model – The Wall Street Journal.

Weighing Sweden’s Coronavirus Model The global economy needs a leader as lockdowns are lifted and countries fear a second wave if lockdowns are relaxed to quickly. The Swedish model can be that model and happy to see WHO endorsing it as a legitimate approach. The worst case scenarios never materialized in terms of Covid disease …

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The Irrationality of UK Covid-19 Lockdown

The Irrationality of UK Covid-19 Lockdown

As we approach the end of the six week lock down in the UK and talks of extending until  June, it’s time for a reality check. Below are some facts that reveal the hypocrisy of the UK lockdown. These stories are replicated in many other places (in fact in a number of ways, the UK …

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The 1MDB scandal: what does it mean for Goldman Sachs?

The 1MDB scandal: what does it mean for Goldman Sachs?

The 1MDB scandal: what does it mean for Goldman Sachs? – 1MDB scandal: what does it mean for Goldman Sachs? I’m reading the book Billion Dollar Whale about 1MDB and if it’s to be believed culpability goes to the highest levels at Goldman – Cohn and Blankfein. It was at a minimum willful blindness. I …

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Brexit: Tick Tock, Tick Tock – Plan B: Parliament must Withdraw Article 50

Brexit: Tick Tock, Tick Tock – Plan B: Parliament must Withdraw Article 50

  Marley was dead: to begin with. There is no doubt whatever about that. The register of his burial was signed by the clergyman, the clerk, the undertaker, and the chief mourner. Scrooge signed it. And Scrooge’s name was good upon ‘Change, for anything he chose to put his hand to. Old Marley was as …

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