Category Archives: Issued Debt

Why Jim Cramer Says You Should Sell Your Crypto

Jim Cramer is not one of those financial experts who constantly warn against buying cryptocurrency. The Crazy money The host and former hedge fund manager told fans this year that he owns both Bitcoin (BTC) and Ethereum (ETH). However, the popular TV personality recently urged crypto investors to take profits. The reason? He believes the […]

Relief en route for con students at MN School of Business, Globe U

Alumni of the Minnesota School of Business and Globe University who took out federal loans or went through the disgraced college criminal justice program are now receiving financial aid. On Thursday, the Minnesota attorney general’s office announced $ 23.6 million in federal student loan cancellation and an additional $ 15.6 million in restitution for approximately […]

Moving on to the correct historical mistake, Governor Newsom signs legislation to return Bruce Beach to black descendants

SB 796 Allows Los Angeles County Supervisors to Immediately Begin Transfer of Land to the Bruce Family The state’s work to right historic injustices and advance fairness includes the nation’s first task force to study reparations for African Americans, reforms for a fairer criminal justice system, and investment in a fair recovery MANHATTAN BEACH – […]

US Congress seeks to avoid government shutdown as Biden agenda threatened

WASHINGTON (Reuters) – Democratic divisions were jeopardizing President Joe Biden’s agenda to invest in infrastructure, expand social services and tackle climate change as the US Congress simultaneously faced a deadline on Thursday to avoid a government shutdown. The US Capitol seen through a skylight at dusk on Capitol Hill in Washington, United States, September 29, […]

Calls for student debt cancellation persist as loan management system falters

Senator Elizabeth Warren (D-MA) speaks during a Senate Armed Services Committee on Capitol Hill in … [+] Washington, DC, September 28, 2021. (Photo by Stefani Reynolds / POOL / AFP) (Photo by STEFANI REYNOLDS / POOL / AFP via Getty Images) POOL / AFP via Getty Images Advocates for student loan borrowers are redoubling their […]

State and local governments issued more pension bonds this year than ever

US municipalities are issuing more and more bonds to repay their accumulated pension obligations, a move that is akin to the “game”, according to an analysis released Monday. The report, from Municipal Market Analytics, a mainstay of the municipal bond market, notes that nearly 80 state and local governments have issued such bonds so far […]

Republican Party blocks Democratic bill to fund federal government, increase borrowing limit and debt ceiling

Senate Republicans on Monday blocked a Democrat-backed, House-approved bill to fund the government for most of the rest of the year. The bill would also suspend the debt limit until December 2022, allowing the country to increase its borrowing limit. The GOP move exacerbates an already tense political confrontation and increases pressure on Democratic leaders […]

LOLC’s future holding company of financial companies to raise Rs. 1b via listed debt

LOLC Ceylon Holdings Ltd. (LOCH) will issue 10 million debentures of Rs. 100 each to increase Rs. 1 billion. The debentures offer 9.50% per annum payable annually. The minimum subscription is Rs. 10,000. The managers of the issue are Capital Alliance Partners Ltd. Depending on the allocation basis, the number of debentures to be allocated […]

Down around 40% from its peak, could Tellurian stock still be a long-term winner?

It has not been a pleasant walk for Earthling (NASDAQ: DIRE) shareholders. The stock is still down 70% from its 2019 high. And at the time of this writing, the stock is down 37% from its 2021 high. It is likely that many investors are starting to abandon this natural gas company, given its underperformance. […]

Evergrande was a Credit Suisse “One-Bank” client

The Swiss bank would have opted for Evergrande as well as its billionaire president, while UBS would assume a bond exposure. Zurich-based Credit Suisse has gone from hot to cold on the now besieged property developer at the center of an economic maelstrom, the “Financial Time” (behind the paywall) reported on Friday. Above all, the […]