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Have We Really Learnt The Lessons Of The GFC?

Have We Really Learnt The Lessons Of The GFC? Authored by Richard Ryan via BondVigilantes.com, It is 20 years ago this month that I sat in a pitch and listened to an investment bank describe their latest stroke of genius. In 2006, the Constant Proportion Debt Obligation (CPDO) was hailed as a financial innovation that appeared to offer something for nothing: a AAA-rated security paying a meaningful premium over cash. It was a structure that increased leverage as credit markets weakened. Investors embraced it because the future seemed visible. Credit spreads had been...
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Nov 3, 2026 / Kyle Anzalone
Iran Vows a ‘Crushing Response’ If US Attacks
Iran said it would deliver a “crushing response” if the US attacks the Islamic Republic again. The warning follows US airstrikes targeting Iranian surface-to-air missile systems on Qeshm Island near the Strait of Hormuz. Iranian Foreign Ministry spokesman Esmaeil Baghaei said Tehran is prepared to defend itself and deliver a “crushing response” to any attack. […]
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May 5, 2026 / Jason Ditz
Israel Confirms 500 Strikes Against Lebanon Since ‘Ceasefire’ Went Into Effect
Overnight, the Lebanese town of Habboush was targeted in Israeli airstrikes, causing significant damage. In the morning, Israeli artillery was actively shelling the town, causing even more destruction in residential and commercial parts of town. Habboush is just one of several towns reporting roughly the same situation, active Israeli attacks, in spite of what is […]
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Apr 9, 2026 / Tyler Durden
ChatGPT Accused Of Aiding Florida State Mass Shooter
ChatGPT Accused Of Aiding Florida State Mass Shooter Authored by Steve Watson via modernity.news, Big Tech’s leading AI faces growing accusations of enabling violence rather than preventing it. Attorneys representing the family of Robert Morales, killed in the April 17, 2025, Florida State University shooting, announced plans to sue OpenAI and ChatGPT. The law firm Brooks, LeBoeuf, Foster, Gwartney and Hobbs stated the suspected gunman, Phoenix Ikner, was in “constant communication” with the chatbot leading up to the attack. Ikner opened fire outside the FSU student union, killing Morales, a 57-year-old Aramark worker...
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