Author Archives: Simone Foxman

OPPENHEIMER: This Is Why EU Leaders Don’t Want A Greek Credit Event

Analysts have been buzzing lately over whether or not a Greek debt restructuring would characterize a credit event and ultimately trigger credit default swap (CDS) contracts. 
EU leaders have pushed the idea of a voluntary default that would not… Continue reading

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Hey, 99%! Legendary Investor John Bogle Has Your Back

The 99 Percent has a new ally from the financial sector—John Bogle, a legendary investor who founded the Vanguard Group and is now President of the Bogle Financial Markets Research Center.
Admittedly, he’s still quite the capitalist, but he’s j… Continue reading

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Markets Swing Higher After Reports That The ECB Will Help Greece Close Funding Gaps

Rumors about the European Central Bank exchanging holdings of Greek bonds with Greece for less than face value are back today.
Now they’re being supplemented by a Bloomberg report that the ECB could cut the interest rate on its loans to Greece to hel… Continue reading

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Markets Swing Higher After Reports That The ECB Will Help Greece Close Funding Gaps

Rumors about the European Central Bank exchanging holdings of Greek bonds with Greece for less than face value are back today.
Now they’re being supplemented by a Bloomberg report that the ECB could cut the interest rate on its loans to Greece to hel… Continue reading

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This Is Paul Krugman’s Massive Presentation On The Welfare State And The US Economy

There are few economists who have written as extensively or as persuasively about income inequality and the welfare state as Paul Krugman.
The Nobel Laureate and Princeton Professor recently presented this presentation as part of a lecture to student… Continue reading

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This Is Paul Krugman’s Massive Presentation On The Welfare State And The US Economy

There are few economists who have written as extensively or as persuasively about income inequality and the welfare state as Paul Krugman.
The Nobel Laureate and Princeton Professor recently presented this presentation as part of a lecture to student… Continue reading

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Is The Greek Day Of Judgment Upon Us?

Calls from analysts, investors and even journalists for Greece to hard default and leave the eurozone have increased dramatically over the last month, as it becomes apparent the debt restructuring EU leaders worked out last July is not deep enough to… Continue reading

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Is The Greek Day Of Judgment Upon Us?

Calls from analysts, investors and even journalists for Greece to hard default and leave the eurozone have increased dramatically over the last month, as it becomes apparent the debt restructuring EU leaders worked out last July is not deep enough to… Continue reading

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This Is Just Getting Ugly, As A Verbal War Is Breaking Out Between Germany And Greece

We’ve been hearing reports for weeks of rising Greek anger at Germans’ attempts to control Greece’s government, well its budget at least.
But it appears this verbal battle is coming to a head.
Today Greek President Karolos Papoulias flew up in a… Continue reading

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FOMC MINUTES: A Few Fed Officials Said QE3 May Become Necessary

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