Deanna’s guests this are James and JoAnne Moriarty who talked about their oil production related business, why they were in Libya and how they escaped. They also presented a very good history of the country of Libya. Libyan War The Truth
Now that the Fed has opened the pandora’s box of moral hazard by purchasing select junk bonds, every other central bank would like a piece of the action. And sure enough, as Bloomberg reports, on Wednesday evening the ECB will hold a call where they may discuss whether to accept junk-rated debt as collateral from lenders.