Institutional Investors Are Crazy About Discover Financial Services (NYSE:DFS) | Coin Globalist
This all began with the subprime financial crisis in summer of 2007, when some US mega-banks were teetering on the edge of bankruptcy. Indeed, they had created a new type of financial products, the so-called mortgage-and debt-backed securities (MBS) and other asset-backed paper (abcp), which were bundles of risky debt and were sold as new esoteric securities.
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The recent seismic activity in the state of California has taken a strange turn. According to the Los Angeles Times, there have been more than 80,000 earthquakes in the state since July 4th, and most of those quakes were aftershocks of the two very large events that hit the Ridgecrest area early in the month.
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Daily Signal: A lawyer for Russian national Maria Butina is accusing federal prosecutors of withholding exculpatory information about her that the CEO of a multibillion-dollar company provided to the FBI.