pay the debt off earlier. Within the debentures of such bonds, the earliest date the callable feature is permitted will be clearly stated, along with details regarding any side fees incurred. As worst-case scenario contingency planning, bondholders often estimate the yield to worst (YTW) – ...
Here is how bad those CDOs were: losses are running as high as 78% on the toxic waste underwritten by Goldman. No wonder the firm bet against it! Yet, when Geithner’s NYFed intervened to rescue AIG, it demanded that AIG pay Goldman 100 cents on the dollar—for the “insurance” AIG...
MTN stock is up 31.1% year-to-date through June 21; its stock hasn’t had a down year since 2011, and only two in negative territory out of the past 11. Withits debt doubled as a result of the Whistler dealand a healthier competitor in the mix, the road ahead is going to get a...
Pasquariello: "I find it hard to stake a major claim on the risk/reward profile of S&P right here, so I would keep the reins tight on big directional bets for now and look to make your money in the seams of the market." "The worst of the forced de-risking is...
But the UK’s biggest stock market crash in the last 120 years was the drawdown of 1972 to 1974. The 1970s slump had it all. A property market bubble, secondary banking crisis, massive oil shock, falling pound, rising inflation and interest rates, industrial unrest and global recession were...
Other catalytsalso led investors to sell, including a view that some large technology players were overvalued. Although tech companies' earnings have been solid this year, they haven't wowed investors. Nvidia, the chip company whosetechnology powers artificial intelligence, shed 23% of its value...
the creditors cannot come after for what you previously owed them. While it may be humbling when you realize that this is an option that you have to consider, it is a great way for most people to get out of servicing unfavourably priced debt such as the charges by credit card companies...
The reach their results,Avocado Postlooked at some of the most expensive schools in the country and compared tuition costs to the graduation rate, leading to a poor return on investment. Knowing what a burden student debt is for almost 44 million Americans, students have more pressure than ever...
warning ominously in NII’s latest annual report that bankruptcy could be in store if it can’t improve cash flow, “which could mean that debt and equity holders could lose all or part of their investment.” After the stock plummeted 67% in 2012, Wall Street has mostly left the stock ...