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Colin Lokey's  Instablog

Colin Lokey
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MBA. Interested in shadow banking, money markets, anything to do with collateral, central bank policy, and all types of fun things like that.
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  • Sovereign Downgrade Shows Why Seeking Alpha Is Incredible Resource 1 comment
    Feb 7, 2014 2:57 PM

    This afternoon provided a wonderful opportunity for me to reiterate why Seeking Alpha is such a wonderful resource for investors.

    Those who follow events in the sovereign debt markets might recall that S&P downgraded Puerto Rico earlier this week. Today, Moody's followed suit, cutting the commonwealth's general obligation debt to junk.

    If one wanted to find out more on this, or get some color from someone qualified to comment on the story, Seeking Alpha would be a great place to start. Have a look at Joan Feldbaum-Vidra's articles on Puerto Rico (here and here) from December. Now consider this: Joan worked for Moody's for 13 1/2 years.

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  • june1234
    , contributor
    Comments (3212) | Send Message
    I take it as a given in our debts driven economic model that any sovereign (or any other) debt default issue will receive very little attention in the financial media as was the case with Puerto Rico. SA remains a valuable resource that provides readers with that sort of info
    8 Feb 2014, 04:19 AM Reply Like
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