S&P Accuses Government Of Retaliation, Asks For Documents
2014-01-21T11:13:14-04:00
Standard & Poor claims that the government prosecuted the company for fraud in retaliation for downgrading US government debt in a recent legal filing, reports Edvard Pettersson at Bloomberg Businessweek. The court statement alleges that then-US Treasury Secretary Timothy Geithner warned McGraw Hill Financial Inc (NYSE:MHFI) that there would be some sort of blowback if the ratings agency went ahead with the downgrade (McGraw Hill owns S&P).
ValueWalk's Raul Panganiban interviews Kyle Bass, the founder and chief investment officer of Hayman Capital Management. In This part, Kyle Bass talks about geopolitics, favorite books and advises buyer... read more
Earlier we noted that we had obtained a copy of Dan Loeb's letter to shareholders for the first quarter of 2012. The investment maven discussed his position on Apple... read more
Concerns abound that Nokia Corporation (NYSE:NOK) bartered away its future by replacing the Symbian operating system in its phone with Windows Phone – according to critics, Nokia is now... read more
“…But it is our contention that Japan's long spell in the sin bin has left its society particularly vulnerable to the charms of a radicalization of monetary policy. We... read more
It is noteworthy to observe how as U.S. high quality bond yields spike higher, sovereign bond yields are also pressing higher throughout the Eurozone. While this may not initially... read more
A very cool tool which mastered jeopardy and more but is IBM's Watson hurting returns?
IBM’s second quarter results, published earlier this week, make for dismal reading. Big Blue unveiled... read more
With a tight global oil supply, Islamic militants threatening to disrupt oil in Iraq, the possibility of strong sanctions (or even war) against Russia, and other global tensions you... read more
Alphyn Capital Management's letter to investors for the second quarter ended June 30, 2019.
Q2 hedge fund letters, conference, scoops etc
Performance
The model portfolio returned 18.96% gross year to date. As... read more
Microsoft Corporation (NASDAQ:MSFT) CEO Steve Ballmer announced his retirement from the company just weeks ago, but the executive has had time to say a long goodbye to those at... read more
