It’s hard to imagine the scale of the losses that the credit market and the overall market in general have seen over the past year. Certainly this credit crisis is larger than most of us have seen even in the duration of our lifetimes. Looking back at the past year we’ve seen plenty of negative news but very little to actually compare the size and scale of our current credit crunch to anything in history. Continue Reading »
Poor timing, too low price points? No, it appears that Yahoo might be avoiding a Microsoft buyout solely for sentimental reasons. Now that Jerry Yang is the CEO, it appears he’s wanting to hold onto the company he worked so hard to start back in his own college years at Stanford.
Yang owns about 4% of the company that is currently worth $1.5 Billion, his stakes are huge and he’s still drawing the infamous $1 salary that is common with many tech giants. His wealth has been derived in its entirety from the growth and capital gains he’s received as a huge shareholder in Yahoo. As CEO and a founder, it seems that his own unwillingness to sell might lay in a dislike for Microsoft and sentimental views of Microsoft rather than what shareholders want. Continue Reading »
Just like personal credit scores, the bond markets have their own credit system that decides a corporations credit rating or score. Bond ratings range from D all the way to AAA, the top of credit score. Continue Reading »
While horror stories about high-yield bonds may be in the headlines these days, you should not get rid of these funds quite yet. The worries about hedge fund meltdowns and too many of them in existence as well as the history of tight spreads is not going to take down these high yield bonds. Continue Reading »
Last week the yield on the 10-year Treasury bond spiked above 5% and bond prices slumped even further. For this reason it is a good idea to invest in short-term bond funds now. On the other hand, you should wait for a while before locking in your mortgage. Continue Reading »