A $1 billion Putnam Investments fund is over-exposed to derivative trades based on fragile shopping mall mortgages, says this short bettor

48% of net assets in Putnam's Mortgage Securities Fund are exposed to junk-rated commercial mortgages, said MP Securitized Credit Partners.

August 05, 2019   |   View Online »

A $1 billion Putnam Investments fund is over-exposed to derivative trades based on fragile shopping mall mortgages, says this short bettor Jim Edwards | 48% of net assets in Putnam's Mortgage Securities Fund are exposed to junk-rated commercial mortgages, said MP Securitized Credit Partners. Read More »

'The greatest bubble ever': One market expert warns a relentless bull market is on the brink of crashing, and explains how to profit from its demise Akin Oyedele | There are many catalysts that could soon burst the so-called bubble and lead losses for stock-market investors. Read More »

A YouTube creator explains how he made nearly $50,000 in ad revenue from one video, without millions of subscribers Amanda Perelli | Kevin David, an entrepreneur, uses YouTube as a business tool and has generated major revenue from his videos. Read More »

Taco Bell's global chief brand officer is leaving the company after 4 years Tanya Dua | Thalberg's departure comes just as Yum Brands reported its second quarter earnings this week, and named former Adidas exec Mark King as its new CEO. Read More »

10 books that will give new managers the self-confidence necessary to lead, motivate, and inspire their team Shana Lebowitz | We didn't simply stick with traditional business reads. Instead, we included novels, psychological research, and the musings of a Roman emperor. Read More »

'Follow the bubble': Famed investor David Rosenberg breaks down the unique way he thinks the next US recession will unfold Christopher Competiello | The chief economist and strategist at Gluskin Sheff sounds the alarm on excessive corporate debt loads and weak balance sheets. Read More »

This college dropout spent 7 years building a profitable startup with no funding, then raised $230 million in his first round at a $2 billion valuation Shona Ghosh | Payments company Checkout.com, founded by Guillaume Pousaz, was already profitable when it became a $2 billion company. Read More »

Everything you need to know about TensorFlow, a Google-created project that's helping companies like Uber, Twitter, and Airbnb put AI in their apps Rosalie Chan | TensorFlow is an open source machine learning tool created by Google. Now, it's used by Uber, Twitter, NASA, and more. Here's why it's so popular. Read More »

Top Oracle execs Larry Ellison, Mark Hurd and Safra Catz failed to earn all of their annual bonuses this year Julie Bort | Oracle's board say they didn't meet the business goals to earn all of their 2019 bonuses. But they'll still get paid handsomely. Read More »

This VC firm managing $500 million in assets tries to invest in as few companies as possible. And it only wants startups with management teams looking for help. Troy Wolverton | The team at HighBar Partners has plenty of startup experience that can help its investments, said managing director Brian Peters. Read More »

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