Thursday, August 4, 2011

Thursday Links

The yield on high-quality US corporate bonds has fallen to record lows... I'm surprised corporations aren't borrowing more money at these rates. If I ran one of the big cap oil companies, I would borrow $50 billion at today's crazy low rates.

LightSquared's Phil Falcone talks to CNBC, airs his feud with Verizon and AT&T (video)

"Citadel is just a little more than 8 percent away from reaching that magical break-even point... For Griffin, this has been a spectacular comeback after losing 55 percent in 2008."

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