Colgate 64
Colgate 64's JournalHow dumb is Rick Perry?
In the spirit of the Season and operating on the premise that being a candidate for President of the U.S. is not an I.Q. test, I'd like to ask our gentle readers to opine on Mr. Goodhair's intellectual qualifications with a short poll. Feel free to add other possibilities.
Question: How dumb IS Rick Perry?
Venezuelan bond buyers pack into Manhattan law office
The scores of money managers and analysts who crowded into Cleary Gottlieb Steen & Hamilton LLP’s panel discussion on Venezuela last week are a testament to the deepening concern over whether President Nicolas Maduro can make good on the nation’s debt obligations.
During the two-hour event on the 39th floor of the law firm’s downtown Manhattan office, some 150 attendees pressed the lawyers on an array of potential scenarios if Venezuela defaulted, according to interviews with six attendees who asked not to be identified because the meeting was private. Among the topics debated were whether the state oil company’s U.S. gasoline stations could be seized as collateral and whether it was legally possible for Venezuela to restructure the producer as an empty shell to avoid bondholder claims, they said. For a country that hasn’t missed a foreign bond payment in decades, the questions reflect growing speculation the socialist revolution that transformed Venezuela over the past 15 years under Hugo Chavez and now Maduro has finally pushed the nation to the brink of economic collapse. Read more...
http://www.businessweek.com/news/2014-12-08/venezuelan-bond-buyers-pack-into-manhattan-law-office
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