While France Simmers In Its Own Juices, Germany Frets
By Wolf Richter www.testosteronepit.com"We're not doing this for the Greeks, but for us," said Chancellor Angela Merkel during a TV interview Sunday night. It was part of her efforts to ramrod a law...
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By www.thetrader.seFt.comSaab Automobile’s chances of avoiding bankruptcy dwindled after the two Chinese companies that had agreed to invest in the company instead offered to buy it for a token sum....
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Why the Radical Left and Mainstream Republican Leaders Are Both Wrong About...
Preface: Don’t stop reading when you see me criticizing your “team”… I will demolish the other “side” further down in the post.I have written as much as anyone on inequality. For example, I have...
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From www.thetrader.seFt.comJapan is discussing with China possible purchases of Chinese government bonds, Bloomberg reports. Japanese finance minister Jun Azumi said “I think it’s mutually beneficial”...
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WSJ On DSK, DisUnion, And The Dismal Dithering In Europe
In an interesting history, today's WSJ points to a closed-door meeting in Washington on April 14th of this year as the moment that the attempts to 'save' Europe began to unravel. The player at the...
View ArticleA Very Different Take On The "Iran Barters Gold For Food" Story
Much has been made of today's Reuters story how "Iran turns to barter for food as sanctions cripple imports" in which we learn that "Iran is turning to barter - offering gold bullion in overseas vaults...
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By www.thetrader.seThetrader.seInvestors are once again forced into going long the market. With both Bernanke and the HFT distorting the market, hedge funds are now going all in long. With every fund...
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With Europe Broken Again, Sarkozy And Lagarde Are Back To Begging
What a difference a month makes. About 4 weeks ago the European crisis was "over" - French President Sarkozy exclaimed that: “Today, the problem is solved!” Christine Lagarde, former French finance...
View ArticleMeet President Hollande
Courtesy of Bloomberg, below is a compilation of the key dates to know for the first French socialist president since Francois Mitterand.Francois Hollande was elected the seventh president of France’s...
View ArticleDSK's "Eyes Wide Shut" Lifestyle Exposed
Submitted by Mike Krieger of Liberty Blitzkrieg blog,It has been my contention for a very long time now, that the reason most people in positions of power do absolutely nothing for the good of their...
View ArticleThe Dreaded Curse of the IMF!
It looks like the International Monetary Fund has been jinxed. It’s fated. It’s doomed! The next managing director should start wearing garlic around their neck already or at least burn sage in their...
View ArticleFrontrunning: July 16
India Joins Brazil to China in Efforts to Tighten Liquidity (BBG)Seven dead as police and protesters clash in Egypt (Reuters)U.S. senators fail to cut deal, head for showdown on filibuster...
View ArticleFormer IMF Head To Be Tried For Aggravated Pimping
While this story is not Friday humor, it may explain the preponderance of "erect hockeystick" formations in IMF's legacy projection charts. Former IMF head Dominique Strauss-Kahn is no stranger to...
View ArticleGuest Post: The Snowden Time-Bomb
Authored by Harold James, originally posted at Project Syndicate,In the aftermath of the global financial crisis, world leaders repeated a soothing mantra. There could be no repeat of the Great...
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Women That Are Man Enough: Girls Who Run the World
Follow ZeroHedge in Real-Time on FinancialJuiceMen have had their stab at making the world into what they wanted and they made a pretty poor show of it all we might say when we look at the economy....
View ArticleFrom Maid-Mauler To Money Manager; DSK Starts $2bn Hedge Fund
Three years after being accused of sexual assault, removed from an airplane in NYC, and later having the charges dismissed on an alleged out of court settlement, former IMF chief, Dominique...
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When War Erupts Patriots Will Be Accused Of Aiding "The Enemy"
Submitted by Brandon Smith via Alt-Market blog,In modern times, war is never what it seems. Mainstream historians preach endlessly about grand conflicts over territory, resources, political impasse,...
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Banker Suicides Return: DSK's Hedge Fund Partner Jumps From 23rd Floor Apartment
The summer, thankfully, has been largely bereft of the dismal trend of bankers committing suicide, but as Bloomberg reports, Thierry Leyne, a French-Israeli banker and partner of Dominique...
View ArticleFrontrunning: November 6
LOL@Fundamentals: European Stocks Fall as Investors Seek Stimulus Clarity (BBG)Obama, Republicans sound conciliatory note but battles loom (Reuters)Firms drop Pimco funds from managed accounts...
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Former IMF Head's Hedge Fund Goes Bankrupt After Partner Suicide, Fraud
It there is a better anecdote for everything the IMF stands for than the hedge fund of its former head, disgraced Dominique Strauss-Khan, going broke days after his partner, Thierry Leyne, 49, commits...
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