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IPFS News Link • Government

Frontrunning: November 25

• Zero Hedge

*A bitterly divided Senate voted Thursday to eliminate filibusters for most presidential nominees, a momentous and politically risky step that limits the ability of Republicans to block President Obama's choices for executive-branch and most judicial posts.
* Sales of convertible bonds are booming, as investors seeking to benefit from the roaring U.S. stock rally rush to purchase debt that can convert into shares.
* Charter Communications is nearing an agreement with banks to borrow money for a bid for Time Warner Cable , according to people familiar with the situation.

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