Yonhap Infomax NewsOct 2
Korea Trade Insurance Corp faces mounting criticism as over 70% of its 4.5 trillion won bond portfolio is deemed unrecoverable, yet staff bonuses continue to rise.
#YonhapInfomax
#KoreaTradeInsuranceCorp #UnrecoverableBonds #PerformanceBonuses #BondRatings #KimWonI
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84501
pacanukeha❌ (seasonally appropriate remix)Aug 3, 2023

The same companies that happily up-rated junk assets in 2008 should have been nuked to the beyond before they could slide out and start bullshitting again.
#BondRatings #AAA #FuckAusterity #MMT

https://botsin.space/@cbcworld/110822751191411196

CBC World News (@[email protected])

Wall Street fell on Wednesday after a move by rating agency Fitch to downgrade the U.S. government's credit rating hit an appetite for risky assets around the world. https://www.cbc.ca/news/business/stock-markets-fitch-rating-downgrade-1.6925428

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