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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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Apr 11, 2026 / Tyler Durden
It's A MMIWG2SLGBTQQIA+ World And We're Just Living In It
It's A MMIWG2SLGBTQQIA+ World And We're Just Living In It
Authored by Rick Moran via PJMedia.com,
What is MMIWG2SLGBTQQIA+? It might be a new, super-strong password. Maybe it's a Gen-Whatever code-like thing that's sweeping the internet, like "6-7" or something.
If only it could be that mundane.
In fact, MMIWG2SLGBTQQIA+ is an all-inclusive, all-encompassing, balls-to-the-wall, slam bang, wham-bam-thank-you-ma'am acronym for the totality of the gender bending, sexually "unique" population of Canada.
For the record, as Jim Treacher helpfully points out, it stands for "Missing and Murdered Indigenous Women and Girls, Two-Spirit, Lesbian, Gay, Bisexual, Transgender, Queer,...
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May 6, 2026 / Tyler Durden
Blue Energy & GE Vernova Bet On Gas Bridge-To-Nuclear For AI Power
Blue Energy & GE Vernova Bet On Gas Bridge-To-Nuclear For AI Power
Blue Energy announced a collaboration with GE Vernova to develop the world's first gas-plus-nuclear power plant in Texas.
The project will use two GE Vernova gas turbines to deliver roughly 1 GW starting around 2030. Steam supply will later shift to GE Vernova Hitachi BWRX-300 small modular reactors for up to 1.5 GW of nuclear capacity by 2032.
Work at the Texas site could begin as early as this year, with a final investment decision expected in 2027.
The plan is...
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Apr 1, 2026 / Ioannis Vlahos
New Israeli Death Penalty Law Leads to General Strike in West Bank
A general strike has shut down most activity in the occupied West Bank on Wednesday, in response to a new Israeli law which allows for executions of Palestinian prisoners who are convicted of killing Israelis. The strike, announced a day prior by the Fatah movement, has resulted in shops, banks, schools, universities, and numerous other […]
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