Soon to be former Attorney General Eric Holder infamously mused last year that Wall Street firms and their executives were so systemically important to our financial system that – even if they commit financial crimes – they may be “too big to jail”. “I am concerned that the size of […]
Monthly Archives: September 2014
Richard Thiel, the actor who portrayed the great James Bond villain, Jaws passed away last week at the age of 74. The notion of mad villains plotting global destruction therefore was on the top of our minds when the New York Times reported on Friday that hedge funds are turning […]
Like a mad leviathan from the deep that chokes and drowns its prey, the tide of bad news keeps coming for Puerto Rico and threatens to drag the island commonwealth and its bondholders under. Indeed, Puerto Rico faces a massive fight on multiple fronts. It continues to deal with a […]