Browsed by
Tag: micro loans

Micro Loans – An Alternative For Personal Loans

Micro Loans – An Alternative For Personal Loans

Micro loans are a relatively new financial instrument and asset class, if you will, of their own. These are focused on both individuals and companies, and essentially provide them access to immediate loans with which they can use to invest however they see fit. But what they are, how do they work and how can they be effectively managed, to get the right benefit from personal financial management. What are micro loans and how do they work? Micro loans are loans that…

Read More Read More

AIG Pretended It Might Sue The Government To Distract Attention From Its Actually Suing The Government

AIG Pretended It Might Sue The Government To Distract Attention From Its Actually Suing The Government

There’s a lot to choose from but I’m going to say that the very best thing about AIG’s pretending it might sue the government last week, and then not doing it, is that then it actually sued the government: American International Group Inc. filed a lawsuit against a Federal Reserve vehicle created during AIG’s bailout that held some of its troubled mortgage bonds, in a dispute over rights to sue over the bonds. … At issue is whether AIG, in…

Read More Read More

This Election Day, Remember Your Constitutional Right To Carelessly Misrate Structured Credit Products

This Election Day, Remember Your Constitutional Right To Carelessly Misrate Structured Credit Products

Have you finished reading Judge Jayne Jagot’s 43,000-page opinion in the Australian CPDO case yet? Good, because we’ve got to move on to other things.1 Like: what does it all mean? One obvious thing that it could mean is “nothing,” or at least not very much. The case involved $ 30 million of damages, and there seems to be an Australian class action coming that might involve more damages, but it seems unlikely that CPDOs are going to track S&P…

Read More Read More