Archive - Apr 15, 2010 - Blog entry

There is a consensus emerging on Canadian pension reform - one that might have implications for US and global pension funds.

The risks To Blockbuster are well publicized today. The company is fighting off competitors on all fronts with Netflix, Redbox, and OnDemand steadily eroding share from brick and mortar competitors. But Blockbuster’s senior subordinated notes maturing May 2012 are trading below twenty five cents on the dollar today. Investors with an above-average level of risk tolerance may want to give these bonds a closer look. If management can simply execute on its strategic plan, investors stand to make a substantial profit in a very short amount of time. We note that the days of Blockbuster Domination are clearly over, but investors only need a few quarters of stabilization and a briefly extended survival timeline to earn outsized returns.

Derivatives will remain a murky swamp unless we break up the too big to fails ...

Hmmm! Greek bonds and banks are getting battered after the Greek rescue package was announced. To think, some actually thought this would help. Giving a highly indebted country more debt at a rate that it can't afford while everybody lies about the state of its indebtedness does absolutely nothing to aid said country. See, I encapsulated this entire post in 1 sentence...

Prepaid legal gets an SEC update and offers a sneak peek at its quarterly results, most likely to help support its stock through more corporate buybacks.

Is is only me who sees absolutely non-sensical, bubblicious issues coming through the news wires at an increasingly quickening pace? Some of this stuff is ridiculous.