Sometimes I have to actually read articles twice, because it really seems that I have somehow missed the point the first time around. Well, on my third glance at this Bloomberg article, I still don't get it: SLM Sells Debt at Higher Interest Rate Than Students Pay
After a decade in the penalty box, is the son of the Dotcom Bubble returning? The industry represents the last, best hope that America has for competing globally. Tech companies are among the few that make things foreigners want to buy. Foreign stocks wearing cowboy hats and pearl snap buttoned shirts There will be product shortages and much higher prices in any recovery. (CSCO), (JNPR), (JDSU), (SNDK), (MU), (ASML).
One of the world's largest pension funds is suing Bank of America for more than $90m over its 2008 takeover of Merrill Lynch, claiming the banking giant failed to disclose the full extent of losses at the US investment bank. It's about time pensions got tough, but is it too little, too late?