Chelsea Clinton is to receive a lifetime achievement award next month, after spending 37 years as the daughter of Bill and Hillary Clinton. Variety magazine will host its annual “Women in Power” luncheon in [...]
Antonio Lee, "an American entrepreneur" and "world renowned artist," can be described as almost anything except humble..."scam artist" fits pretty well. According to his official bio, Lee began his career in the cosmetology field, "as a barber", but quickly decided he was better suited to raise a $1 trillion "art investment fund."
Authored by Stephen McBride via GarretGalland.com,
Before yesterday, the S&P 500 and DJIA hadn’t seen a 1% drop since October 2016. For some perspective, Hillary Clinton was the presidential frontrunner the last time markets fell 1%. This was the longest such streak for both indices in over 20 years.
In February, the DJIA recorded its longest “winning streak” since 1987. It closed 2,000 points above its 200-day moving average for the first time ever.
Authored by Simon Black via SovereignMan.com,
In 1988, a bank called Guardian Savings and Loan made financial history by issuing the first ever “subprime” mortgage bond.
The idea was revolutionary.
The bank essentially took all the mortgages they had loaned to borrowers with bad credit, and pooled everything together into a giant bond that they could then sell to other banks and investors.
The idea caught on, and pretty soon, everyone was doing it.
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How Solid are Canada’s Big Banks? - Peter Diekmeyer
CONTRIBUTED BY SPROTT MONEY NEWS
(for original click here)