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Verizon’s Taper Solution: Historic Valuation

Now that the massive Verizon debt offering has been priced and sent out to Wall Street’s infamous sales force (the big banks bought it so they could sell it to their customers), the recriminations can...

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Let Them Eat Cake

It’s very decorative, it’s very large, it looks very expensive, it’s very splashy. I’d identify the new owner as being very rich, and it’ll brighten up his expensive apartment. Would you want any more...

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