Hints and tips:
...Poland’s rapid graduation into a linchpin of the western alliance is a big f***ing deal, as Biden might say....
...As economist David Rosenberg wrote last week, we should not expect a V, or even a U or an L shaped recovery, but rather an F for “frugality”....
...F? T? W? At this point who even knows....
...We think it’s largely right that the gaming sector will enjoy a V-shaped recovery as sporting events resume....
...I don’t think regulators are using the word forbearance; flexibility is the better ‘F’ word.” Capital requirements are just one area where banks are demanding regulatory relief....
...And GTA V’s publisher Rockstar has a history of delaying titles in the name of quality; GTA V, Red Dead Redemption, RDR2, Max Payne and L.A. Noire were all delayed....
...CEO - “What the f -” (CEO’s call disconnects abruptly as Zoom hits its 40 minute limit.)...
...Whilst we have a BUY rating on the name, it is hard to see how this is not an obvious and relatively more significant event for HSBC given the outperformance of the name YTD (-23% v SX7P down 38%; LLOY down...
...Looked at differently, Cyclicals are still priced for a V-shaped recovery, which might not happen....
...Only BHP, with gearing of 20% has a meaningful net debt position of US$12.8b. We note that the debt level is at the bottom of BHP’s US$12-17b target range....
...Limited options In the past, Turkey has often experienced V-shaped recessions, with sharp contractions swiftly followed by a strong return to growth....
...I believe this interest is really about the market, and I don’t give a f*** about the market....
...Pressure on currency trades is usually a good place to start and there are signs that the strong run for emerging market f/x has stalled....
...Weidmann would have been a likely comeback had F. Merz won the CDU leadership but is unlikely to get much push from AKK....
...V hard to argue with this. – Further, further (Brookings econ) reading....
...(FT) Inside Clinton’s policy shop The Democratic candidate has issued thousands of pages worth of policy positions, from college debt to equal pay to foreign policy....
...See Weight Watchers Int’l , Inc. v. Luigino’s, 423 F.3d 137 (2d Cir. 2005). However, nothing in this Court’s order is intended to preclude Citibank from seeking further relief from the district court....
...Again, another six batches of unpaid claims – A/14, B/14, C/14, D/14, E/14 and F/14 for products imported between January and April 2014 are also at various stages of verification process....
...See Morris v. People’s Republic of China, 478 F.Supp.2d 561, 571-73 (2007). However, the expiry of the statute of limitations does not extinguish the vitality or validity of a debt instrument....
...this year thanks to its GDP growth (the IMF is expecting 3.8 per cent for 2012) and conservative debt level....
...These events comprise: (i) a reduction in interest, (ii) a reduction in principal, (iii) a postponement or deferral, (iv) a change in ranking or (v) a change in currency....
...…any of the events described in Section 4.7(a)(i) to (v) shall not be a Restructuring unless the Obligation in respect of any such events is a Multiple Holder Obligation....
...Most of those assets have now been sold, after the financial crisis left the company struggling with its debt, but the Sulzberger trust has protected family control....
...Elsewhere on Monday, - FVOAL, verb [F-v-ail]: to buy back bank debt to issue equity. - Moral perversity, technocracy — and Tim Geithner. - Good questions on the future of leveraged loans....
...The V-22 Osprey helicopter programme should be scrapped, resulting in savings of $9.15bn through 2015, while the purchase of F-35 fighter jets should be scaled back, saving $16.43bn over the same time frame...
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