DOJ Investigating Moody’s Over Subprime Mortgage Ratings

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DOJ Investigating Moody’s Over Subprime Mortgage Ratings

Moody’s Investor Service is under investigation by the Justice Department for issuing favorable ratings to securities backed with the risky subprime loans that fueled the 2008 financial collapse. Justice Department officials have met with former Moody’s executives in recent months to gather information on the credit rating firm’s practices leading up the recession that began in…

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This Too Value Fund Explains Why Turkey Is Ripe For Investment Right Now

TurkeyThe Talas Turkey Value Fund returned 9.5% net for the first quarter on a concentrated portfolio in which 93% of its capital is invested in 14 holdings. The MSCI Turkey Index returned 13.1% for the first quarter, while the MSCI All-Country ex-USA was down 5.4%. Background of the Talas Turkey Value Fund Since its inception Read More

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