Big Money Guy: Bad Shit Coming

The longer we go without a major financial crisis, the more tempting it becomes for the billionaire investors to jump in with their wager that the next crisis is coming soon. Another master of the universe has officially jumped onto the “doom is at hand” train.
Uh Oh, Bad Things Are Happening
For months now, the world has been zapped periodically by mini financial panics, a sign that money people everywhere are extremely skittish. This morning, we have all the makings of a very bad day.
Bubble Watch: Junk Bonds Edition
The American economy is booming, for the most part! That means that it is constantly a good time to worry about which part of the economy will collapse first. Today: shitty bonds?
Bill Gross, the head of bond firm Pimco, was paid $290 million last year—and then got fired this year! Everybody knows that the financial world is the purest example of pay accruing to winners solely by merit.
Here's What Else You Can Invest In
The stock market is bananas. Why bother? There are plenty of other places to put your money. Which type of investment is right for you?
Blabbermouth Chris Christie Blows a Bond Sale
Silly Chris Christie. The New Jersey governor's latest rant about the state government going "bankrupt" yesterday rattled financial markets and forced the state to cut its new bond offering by half. Governor Sandwiches will be eating crow, now.
