Daily Archives: July 16, 2012

Political pressure from “Lie-bor” building

Posted on July 16, 2012 by Danielle Park

With criminal charges rumored to be pending in the Libor scandal, those of us who have watched bankers run wild the past few years will believe it when we see it. One can hope…Eurasia Group Comparative Analytics Director Dan Alamariu … Continue reading →

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Chinese stocks quietly slip back to Feb 2009 level

Posted on July 16, 2012 by Danielle Park

Amid the usual perma-bull prognostication, nonsense, fraud and rampant willful blindness in the investment community, Chinese stocks closed today at 2147, the lowest level since Feb 2009 and now a full 35% lower than the latest “recovery” peak at 3300 … Continue reading →

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Libor scandal biggest yet

Posted on July 16, 2012 by Danielle Park

The LIBOR scandal that has engulfed London’s financial and political elites is entering its third week and picking up steam on this side of the Atlantic. Among the latest developments: The NY Times reports the Justice Department’s criminal division is … Continue reading →

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