Recently, there has been a lot of discussion about the Standard & Poor downgrade of Russian bonds. But, does it really matter? What do credit ratings of bonds even mean? Let’s start with the basics. What is a bond? Bonds are a form of loan, which are a form of debt.1 To create a bond,…
Author: Danielle Weinberg
The Legality of the AIG Lawsuit
After seven years since the controversial $85 billion bailout of AIG, the debate over the legality of the bailout is again rearing its ugly head. This post will cover the history of the bailout, a short explanation of the recent suits related to the bailout, and a summary of the vast legal opinions surrounding these…
Online Gambling in the United States
Gambling, and especially online gaming, in the United States has a long and complicated past. Recently, three states, Nevada, Delaware, and New Jersey, have passed legislation allowing for online gambling within their state borders. This blog post reviews a history of online gaming in the United States, examines recent areas of legalization for online…