When you claim something has “game changing potential” as WAIN Street does in reference to the Business Credit Health Index (BCH Index), there’s always going to be skeptics that have trouble seeing a bold vision. One thing that can really help ease that skepticism is outside validation of the general concept on which your claims …
Bloomberg ran a story last week about the price of credit default swaps for Bank of America recently soaring. Referenced in the article was the Markit CDX North America Investment Grade Index “which investors use to hedge against the losses on company debt or to speculate on creditworthiness.” Trying to get a good handle on overall credit …
OWS and all its participants, supporters, and sympathizers need to band together with a clear call to action: “Challenge Wall Street.” Challenge Wall Street to take their considerable capabilities and direct them toward the Main Street businesses of America. A few thousand large corporations, for years, have benefited from high finance. Increased accesses to capital, …
Mortgage backed securities (MBS), credit default swaps (CDS), and collateralized debt obligations (CDO) all sound like dirty words these days. It’s tough to argue against these sentiments given their contribution to the financial crisis. While obviously a MBS or CDS couldn’t single handedly collapse the entire system, these innovations that bundled and redirected risks provided …
