“Lyondell Chemical issued the fist covenant-lite loan since the financial crisis subsided. Senior editor Paddy Hirsch explains what a cov-lite loan is, and why their return could be bad for the economy.” -Marketplace.org

-WSJ Article on Cov-Lite Loans

Bloomberg Report:
Pressure on China to let its currency appreciate may have significant effects on businesses around the world.

NYU Professor and author Nouriel Roubini discusses his outlook on fed monetary policy in the coming years.

Wikipedia: Nouriel Roubini

If you want to gain a better understanding of the financial meltdown, watch this documentary; it’s approximately one hour long.

BLOOMBERG

The Dollar continued to gain strength today as the Fed announced that it would raise the discount rate (not to be confused with the Federal Funds Rate) from 0.5 percent to 0.75 percent.

Sources:

Business Week

MarketWatch

Federal Reserve Site (official release)

BB&T’s Opinion

Oliver Stone’s new film Wall Street: Money Never Sleeps will be based off of characters from the original 1987 film; It is scheduled for release in Spring 2010 and will feature actors Shia LaBeouf and Michael Douglas.

Wall Street's Sequel will be set in 2008 during the financial crisis.

A great explanation of controversial High-Frequency Trading systems.

By Paddy Hirsch

By Paddy Hirsch

The following is a simple yet entertaining explanation of the hedge fund industry by Paddy Hirsch.

We will be posting more educational videos and articles in the near future, thanks for watching.