Moody’s, Fitch and S&P rated 98% of municipal bonds which were greater than $50 million in 2010. Three companies have 98% of the market – this despite (more…)
Archive for November, 2011
For the 30 years ended September 30, 2011, treasuries with maturities greater than 20 years averaged 11.5%, according to the Ibbotson Long-term government bond index. The S&P 500 index, on the other hand, only returned (more…)
MF Global is in bankruptcy after acquiring $40 billion of debt – that is with a capital “B”.
It actually borrowed $40 for every (more…)
The majority of Zynga’s more than $1 billion of revenue in sales last year came from games on (more…)