Illegal Public Seizure of Mortgages Via Eminent Domain in the Spotlight
California passed Proposition 99 in 2008.
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California passed Proposition 99 in 2008.
Slight expansion of sales recorded in July Slowest fall in employment for over a year Further reduction in purchasing activity Summary French retailers signalled a return to growth in sales during July. Although modest, the month-on-month increase was the first recorded since March 2012. Sales were also marginally higher on an annual basis
View the original here: General Obligation Bondholders Beware: Detroit Bankruptcy Affirmed, Governor Shielded From Lawsuits; Triumph of Math Over Unions
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Now That’s Backwardation! Recall the definition of backwardation: Current price above future delivery price . There are many reasons this can happen with commodities, but the typical explanations are: temporary short-term supply shortage, expected future supply, or expected falling demand. Supposedly this can never happen with gold because " gold is money ".