Commentary
Roses are Red, Covenants are Few
There comes a time when traditional means of communication fail. When other tools must be employed. According to Tuesday’s WSJ,…
Read MoreLeveraged Loans and Systemic Risk (Last of a Series)
If nothing else, the history of leveraged lending since the credit crisis shows both regulators and regulated entities have worked to…
Read MoreLeveraged Loans and Systemic Risk (Third of a Series)
What’s in a name? A lot, apparently, if it’s the name of a very large number. According to a WSJ…
Read MoreLeveraged Loans and Systemic Risk (Second of a Series)
According to a Harvard study, middle-aged men who did 40 pushups have a 96% lower risk of cardiovascular disease than…
Read MoreLeveraged Loans and Systemic Risk (First of a Series)
“It is difficult for us to envision a scenario in which the leveraged loan market causes the next financial crisis.”…
Read MoreApart at Last
Valentine’s Day traditionally celebrates the marvels and mysteries of love. As a study of the latter, a travel site ran…
Read MoreIt’s the Dough, Not the Dow
The oft-quoted baseball legend Yogi Berra once said, “When you come to a fork in the road, take it.” This…
Read MoreThat’s Why It’s Called a ‘Market’
F. Scott Fitzgerald wrote, “The test of a first-rate intelligence is the ability to hold two opposed ideas in mind…
Read MoreThin January
As hard as it is to grasp, one-twelfth of the year is already over. For the few of our readers who…
Read MoreFeeding the Chickens
“I believe in being fully transparent,” we told our spouse, negotiating NFL playoff viewing rights this past weekend. “It’s working,”…
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