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Daily Archives: April 21, 2010
Stories of interest today
**Marc Faber on repercussion risks to commodities and commodity-centric economies like Canada and Australia from the looming bust of China's property bubble. See Bloomberg clip: Faber says China's Economy is showing “danger signals”. ** UK Telegraph: Sovereign debt tops IMF … Continue reading
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Asking the uncomfortable questions is a start
More honest discussion on the progress of bank regulation. Something has been bugging me: we hear there are 1500 lobbyists on the US capital hill every day working for the banks to sway politicians and their policy. We hear this … Continue reading
Bill Black refreshingly blunt on rampant fraud in the banking system
What a relief to hear Bill Black speak plainly yesterday in his testimony on the failure of Lehman Brothers before the House Financial Services Committee today. A text of his prepared remarks can be found here (PDF). “Let’s start with … Continue reading
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