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DOJ Rolls Over and Wets on Itself
This HSBC thing has my gut in knots. I'm serious. It has literally made me consider retiring from WSO, not because any of you had anything to do with it, but because I'm so nauseated by the level of corruption in finance today and the utter impotence on the part of anyone in authority to apply...
A Few Good Men: LIBOR Style
A Few Good Men: LIBOR Style via Dan Davies Deputy Governor, we live in a world that has interest rates . And those interest rates have to be set as the average of a panel of banks... Who's gonna do it. You? You, Deputy Governor? I have a greater responsibility than you can possibly fathom. You weep...
Jail Bankers, Part 2
Good morning monkeys, Last week, I discussed Stiglitz's arguments with respect to adequate punishments for bankers who manipulate the system, as it were. You can find the article here . It was a 4th of July article, so there's a good chance you haven't taken a look at it yet. This morning, in light...
Hey! Do I know Bob? Sure I do.. Diamond Geezer!
Good morning/afternoon/evening, Firstly, let me just mention, I am very new to this community but I have been a fan of various writers and contributors on WSO. This may not be the best opening topic to put out there for my debut but here it goes…. So, I was at work partly watching BBC News today...
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