Archive for July 18th, 2006

Moody’s Criticizes the Use of Bonds to Finance Buybacks

According to the Wall Street Journal of July 11, 2020, Dan Curry, a managing director of Moody’s who oversees corporate finance for the Americas, said, “We think issuing debt to repurchase stock or pay dividends is not a good idea — that doesn’t strike us as conservative financial policy.” This is highly relevant to interpreting […]

Terror, Money Transfers, and Treason

The United States is engaged in war with radical Islam that aims to expel Westerners from the Mid-East and re-establish a caliphate modeled after the Ottoman Empire,   with hundreds of millions of people under subjugation. The presence of the United States in the Mid-East, with ties to Israel and oil interests in Saudi Arabia,  is […]

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