New students in for a shock and further debt problems. Responsible debt use requires accurate expectations of income. #StudentDebt #studentloans #collegestudents #personalfinance. https://www.cnbc.com/2022/04/29/study-says-college-graduates-overestimate-starting-salaries-by-50000.html
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 …
Ridiculous how PE pumps debt into a company and only uses dry powder for new companies rather than supporting the companies they layered in debt. Private Equity Lands Billion-Dollar Backdoor Hospital Bailout [“https://www.bloomberg.com/news/features/2020-06-02/private-equity-lands-billion-dollar-backdoor-hospital-bailout”]
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 …
Desperate need for a collective solution to Emerging Market credit crisis. https://giftarticle.ft.com/giftarticle/actions/redeem/59dc3251-8e44-42ee-85b1-93d34fb8c8c6 via @FT