capital markets

While the government is talking limits on credit-default swaps, maybe we’d do best to ban “counter-investing”?

Investing and the market should be about good faith in a company- after all, isn’t that what all the debt rating agencies are supposed to help us with in making decisions? Just yesterday, Standard & Poors warned it may downgrade GM’s credit rating- which helped kill off 31% of the stocks value. That’s a serious Read More

Free markets aren’t free when they fail.

Things went from bad to worse this week, with two major investment banks floundering and a mega-insurer becoming a ward of the State. All of a sudden, naked short-selling is getting the heave ho, as an industry built on greed finally saw that the well does in fact, run dry. While the “geniuses” on Wall Read More