Word: bondsã
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...government bonds remain too cheap (currently paying over 500 basis points above the 10-Year Treasury). Charging a sky-high political premium to a country that has had a fiscal revolution, and where Daniel Dantas can be arrested through due process of law, seems to be rather exaggerated. The bonds?? inadequate BBB-rating—barely above speculative status — contributes to this mispricing. But, of course, this grade was given by the same agencies that rated several mortgage-backed securities AAA and helped create the current financial maelstrom, which Brazil, fittingly, is sailing through with...
...pervasiveness of steroid usage—the proverbial smoke to what may really be a raging fire. It began with the Bay Area Lab Co-operative back in 2003, and has been slowly accelerating ever since. Given the ugliness surrounding our dear Barry “Balco” Bonds?? taking of the title of all-time homerun champ it would be an understatement to say that people don’t like this whole steroid business much. But there’s no avoiding it: With guys like wunderkind Rick Ankiel, Olympic hero Marion Jones, and Patriot...
...seem to accept PEDs, but are perfectly willing to turn a blind eye to the corrupting influence of gambling, collegiate athletics scandals, the business-first nature of most professional franchises, and the myriad of other problems that plague sports. Sports are not and have never been pure. Even regarding Bonds?? “asterisked” home-run record, too many baseball fans forget that the old home run king himself admitted to using PEDs in his playing days. In most halls of fame, cheaters abound—they are the rule, not the exception...
...Mittelman managed domestic bonds??which account for 11 percent of the company’s policy portfolio—and Samuels steered the five percent of the portfolio invested in foreign bonds...
Goldman Sachs will also price a second bond series next week. Series 2005B, at $101 million, which will refund outstanding bonds issued in 1995, Series P. The new bonds?? lower rates will enable Harvard to decrease borrowing costs...