We might have another case of too big to fail on our hands given the enormous tax and employment contributions BP makes to the US government/economy. Reuters Insider quantitative analyst Mike Tarsala believes the US government can’t afford to let BP fail. Bond investors liked the news today that BP would suspend its dividend. Are distressed debt investors taking advantage of another too big to fail situation? Click below for the full analysis:
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Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.