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Two good segments from an interview with Elizabeth Warren of the Congressional Oversight Panel (hat tip reader Scott) at Tech Ticker:
Warren discusses how banks are winning, hands down, in...
It must be lonely being a China bear....particularly for those dubious about its longer term prospects, as opposed to those who might simply think its stock market is a bit ahead of itself even...
Scientists give grubby children a clean bill of health Guardian
100 Stray Icebergs Approaching New Zealand Clusterstock
Alpha males must trade on more than machismo John Coates Financial Times
The Ides of March and the Fed exit strategy John...
Yesterday, I went after two targets in one post. The primary one was Andrew Ross Sorkin, who despite the considerable reporting and storytelling skills he demonstrated in Too Big Too Fail, seemed unable to keep a heavy-handed pro-Fed posture out of an...
Tim Duy, my favorite Fedwatcher, has a very good post up which combines a general reading on the state of the consumer and then segues to the Fed’s take on matters. The section I found particularly telling:
As has already been widely noted, the...
America is in the most severe unemployment crisis since – and perhaps including – the Great Depression.
And yet Obama, like Bush, has done virtually nothing to create more jobs. Instead, they both gave trillions to the biggest banks (who are not...
By Edward Harrison of Credit Writedowns
The Financial Times reports that British regulators have now opened up to reveal more of the details surrounding the emergency aid banks received during the most acute periods of stress to date in the financial...