"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
In the casino that is Wall Street, much chaos can ensue on quadruple witching day when stock index futures, stock index options, stock options, and single stock futures all expire. This happens four times a year and today could be…
The ongoing liquidation of the $800m Third Avenue junk bond fund highlights current chaos in the financial world. The fund has lost 27% this year and is telling “investors” they can’t withdraw money until the fund liquidates, which probably means…
Crushing amounts of debt are pummeling SunEdison, the biggest renewable energy developer in the world. Hedge funds, who used to favor the company, are dumping the stock, accelerating SunEdison’s problems. There is an unfortunate misconception that renewable energy companies are so…
The cold dish rag of reality is smacking Silicon Valley in the face. Unicorns, private companies with ludicrous billion dollar valuations like Dropbox, Square, and Snapchat, are being downgraded by investment banks, with their projected IPO prices now lower than…
Step right up, get your $1.8 million beater shack in Silicon Valley. Surely prices will rise forever and this time is different. Why that’s exactly what that nice real estate broker in the Million Dollar Shack documentary says too. No…