Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
Ohio Payday Lenders Still Able to Charge High Fees Despite Law
September 30, 2009
Payday Lenders Using Loopholes | www.dispatchpolitics.com
A study by a liberal public policy group shows that Ohio payday lenders have been able to successfully circumvent a law designed to put them out of business.
TIME TO REVIEW ARGENTINE INVESTMENT
September 29, 2009
Responding to the consensus articles have been published in the press in the last several months regarding the problems facing Argentina and its uncertain economic and political future. | www.washingtontimes.com
Since its financial and political collapse, fight with the IMF and banks, and eight-year rule by the Kirchners, investors are wary of Argentina. Many major investors, especially in the energy and mining areas, who were first attracted to Argentina during the 1990s have left the country and dumped their holdings at bargain-basement prices.Much of the blame for this flight can rightly be focused on the successive Administrations of Néstor and Cristina Kirchner. Still, many of the investors of the 1990s were inebriated by the “reform” policies and the wave of free market verbiage that swept the Region and neglected to look at past trends and understand traditional cyclical economic and political cycles. Despite the bevy of problems facing Argentina, now is an opportune moment to examine future investment acquisitions. The major players eyeing the presidency agree that Argentina has no choice but to implement clear, transparent and pro-growth policies and that the rules of the game need to be established, known by all and respected. Now is the time to begin to take a new look at Argentina and to identify investments with a strong upside potential. Investors who take an open-minded yet realistic approach will profit.
Governor Strickland Likely to Implement Slots Plan with Executive Order
September 21, 2009
Ohio Governor Vows Not to Give Up on Slots Plan | blog.cleveland.com
Governor Strickland, in Cleveland visiting a local business, stated that he won't give up on plan to implement slot machines at Ohio racetracks.
Supreme Court Deals Serious Blow to Ohio Slots Plan
September 21, 2009
Ohio Supreme Court Says Slots at Racetracks Subject to Referendum | www.dispatchpolitics.com
The Ohio Supreme Court today, in a 6-1 decision, held that legislation authorizing slot machines at Ohio racetracks is subject to referendum.
New Japan Financial Services Minister shows little sympathy for lenders
September 18, 2009
Aiful Preparing To Apply For Debt Relief Procedures | www.nni.nikkei.co.jp
With credit default swaps (CDS) for Aiful and Takefuji trading at historic highs, Japan's newly appointed Financial Services Minister shows little sympathy for lenders in proposing a 3-year moratorium on repayment of small business loans.
Ohio Gaming Alert - Columbus Area Track May Not Go Forward with VLT's
September 17, 2009
New Slots Lawsuit Filed | bit.ly
Columbus horse track files federal breach of contract suit against Penn National.
September 17, 2009
Berlusconi threatens to block EU over migrant row. | www.euractiv.com
The report that Italian Prime Minister Silvio Berlusconi threatened to block EU business if Commission officials did not stop commenting on his government was the latest in a series of clashes between the current Italian government and EU institutions. While the threats were mostly bluster, the underlying point is that Italy is risking isolation within the EU. More importantly, this government does not seem concerned about distancing itself from its European partners.
Penn National Faces Uphill Battle to Win Ohio Voter Support for Casino Plan
September 15, 2009
Support for Penn National Casino Plan Slips Slightly in Latest Ohio Polling | pullinsreport.com
Support for Penn National proposal has slipped five points to 56% over the last month. Polling in July showed 60% support and in August 61% support.
As Always, the Defense Budget Is a Place to Hide Non-Defense Spending
September 13, 2009
Full Committee Approves FY 2010 Defense Appropriations Bill | www.defense-aerospace.com
The only area in which I can offer any expertise is with regards to Title XI. The US has a history of hiding essentially non-defense spending in the defense budget and this budget is no different.
September 4, 2009
Loan Losses Spark Concern Over FHA | online.wsj.com
While the FHA's market share has skyrocketed since the real estate bubble burst, the FHA has also been facing rapidly increasing losses that are likely to outstrip its reserves. A taxpayer bailout is looming.
JAL Rehabilitation Requires a Political Decision
October 28, 2009
Smarter Trash: How Incentive Programs Can Motivate Participation in Recycling
October 25, 2009
Government Run Health Insurance Fails
October 9, 2009
Governor Strickland Likely to Implement Slots Plan with Executive Order
September 21, 2009
Supreme Court Deals Serious Blow to Ohio Slots Plan
September 21, 2009