Jesse's Café Américain

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994

Showing posts with label Corporate Bonds. Show all posts
Showing posts with label Corporate Bonds. Show all posts
03 February 2009

Life Insurance Companies Braced for Heavy Losses

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The easy times, the extended bull market in equities and corporate profits, with a disinflation and an easy money policy, created a lot of v...
13 January 2009

Corporate and US Treasury Yields from 1926 to 1934

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The Bonds held up much better than one might have expected, and the spreads between corporates and longer dated Treasuries was remarkably un...
17 December 2008

Deutsche Bank Surprises Bond Markets By Failing to Redeem its Bonds

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It really doesn't seem all that bad to us, compared with the US banking tradition of throwing yourself on the doorstep of the New York F...
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