I want to read the risk factors here: International investors bought bonds backed by the crime proceeds of Italy's most powerful mafia, according to financial and legal documents seen by the Financial Times. In one case, the bonds — backed…
Sometimes companies have a lot of debt and run into trouble. A bad thing happens and they cannot handle their debt anymore. Maybe they'd like to have less debt, and they go to their lenders and say “can we pay you back less than we…
The Financial Times
Sam Jones in Zurich and Paul Murphy and Helen Warrell in London
– Jul 10, 6:30 AM
It was early 2018 when Jan Marsalek, the young chief operating officer of German fintech champion Wirecard, held a meeting in his palatial home in Munich to talk about a new special project he was interested in: recruiting 15,000 Libyan militiamen.
– Jul 11, 4:25 AM
One of the most confounding aspects of the pandemic has been Congress's unwillingness or inability to spend to fight the virus. As I said in the LA Times: If an invader rained missiles down on cities across the United States killing thousands of…