Data reported in the news media and other sources show that the prices, or spreads, on California CDS wrongly brand our bonds as a greater risk than those issued by such nations as Kazakhstan, Croatia, Bulgaria and Thailand.
HT: T-Dub.
Data reported in the news media and other sources show that the prices, or spreads, on California CDS wrongly brand our bonds as a greater risk than those issued by such nations as Kazakhstan, Croatia, Bulgaria and Thailand.
You used to earn an interest rate roughly inline with nominal GDP growth, even slightly better. Since the Fed started manipulating interest...
5 comments:
He should sue Jamie Dimon while he's at it then.
I'm still trying to find reasons that justify why your blog rates a 4 in Google since you put so little effort into it.
Mostly the quality of the comments, I think.
So if Lockyer is pulling a Dick Fuld by blaming "evil short sellers", does that mean he's about to pull a Repo 105 too?
For Lockyer's protestations that CA has never defaulted on its general obligation debt, I have a one word retort: YET.
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