Bankruptcy: Good, Bad and the Ugly
When a person or a firm is unable to pay their ever-increasing debts, they can file for bankruptcy. Let us say Mr X filed for bankruptcy. This means Mr X’s existing assets will be liquidated and he will be relieved of any liability. The reason why most people file bankruptcy is that their debts have [...]
Interesting Stories That You Missed
Over the past few days i came across some interesting news/facts which deserves some limelight. Basic Material ETFsETFs that focus on large-cap companies with exposure to basic materials have had nice returns for the year. Why is that so ? Analyst believe U.S. economy is growing and a growing economy needs materials. Returns on the [...]
Subprime Lenders: Screwed Real Bad
Last few days the market is full of news about how the number of foreclosures are increasing around U.S. and how badly subprime lenders are screwed. I do not want to reiterate the same point again and again. Instead i will list a few interesting pointers/takeaways from this whole episode. But just before doing that [...]