Will you write about the theft of Fannie and Freddie? It is about time the king of financial publications did!
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If SEC doesn't prosecute here they are useless like in the Madoff case. Are they lawyers paid by us to help criminals steal from investors?
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"Greece" in investor speak means "Stay Away". Can't believe Greece is still able to sell bonds at <5%!
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Bond interest is set by buyers demand at the time they are issued & later in OM. The '14 buyers of 5 yr bonds did very well at <5% in 3 yrs!
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Bad situation
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Yea I lost few thousand on this stock brought @ around 75 held for like five years cause it went to 3 bucks
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Unfortunately it's not the only listed company with criminal activity going unchecked big time! Watch Billions on Showtime based on reality.
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