23 January, 2016 by The TZ Newswire Staff Comments Off on Energy Creditors Lucky To Recover 15 Cents On The Dollar In Bankruptcy
Energy Creditors Lucky To Recover 15 Cents On The Dollar In Bankruptcy
This past Wednesday, we reported that in the latest twist of the energy sector collapse, liquidating oil and gas producers, and specifically their creditors, got a nasty lesson in trough cycle asset values when in one after another bankruptcy “stalking horse” aka 363 auction, they were not only unable to cover the outstanding debt (both secured and unsecured) through asset sales, but barely able to cover a tiny fraction of it.
23 January, 2016 by The TZ Newswire Staff Comments Off on Giant panda stars as animals at National Zoo react to blizzard in Washington
Giant panda stars as animals at National Zoo react to blizzard in Washington
The frolicsome giant panda Tian Tian appeared to be capturing the bulk of the online attention as videos emerged of animals at the National Zoo in Washington, D.C., responding to Saturday’s mounting snowfall accumulation.
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23 January, 2016 by The TZ Newswire Staff Comments Off on ObamaTrade Will Cost 448,000 American Jobs, New Study Finds
ObamaTrade Will Cost 448,000 American Jobs, New Study Finds
23 January, 2016 by The TZ Newswire Staff Comments Off on Puerto Rico power debt relief deal falls apart
Puerto Rico power debt relief deal falls apart
A deal to restructure $8.2 billion in Puerto Rican utility debt collapsed, after lawmakers missed a deadline to approve conditions for the bond swap.
23 January, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Winter Storm Jonas buries eastern seaboard beneath up to 2 feet of snow
The Wall Street Journal: Winter Storm Jonas buries eastern seaboard beneath up to 2 feet of snow
More than a foot of swirling snow blanketed parts of the East Coast on Saturday, as a major winter storm battering the region cut power for hundreds of thousands of people, brought most travel to a stop and was blamed for at least 12 deaths.
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23 January, 2016 by The TZ Newswire Staff Comments Off on Will 2016 Be LinkedIn’s Best Year Yet?
Will 2016 Be LinkedIn’s Best Year Yet?
LinkedIn looks like a great name to buy and hold in 2016 — and beyond.
23 January, 2016 by The TZ Newswire Staff Comments Off on How Billionaires Are Investing In 2016: "The Only Winning Move Is Not To Play The Game"
How Billionaires Are Investing In 2016: "The Only Winning Move Is Not To Play The Game"
Ever since 2009, when we first showed how broken the capital markets are first at the micro level, thanks to the pervasive spread of parasitic, frontrunning algos, and then at the macro, as a result of constant, artificial central bank intervention and levitation, we have advised readers that the best option is to simply avoid rigged, manipulated markets altogether. Now, 7 years later, the world’s richest people agree.