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“An explosive critique about the investment industry: provocative and well worth reading.”
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Monthly Archives: October 2012
As China’s economy slows, real estate bubble looms
Good piece in the Washington Post on the Chinese realty bubble. See: As China’s economy slows… “As home prices have skyrocketed, many Chinese households have gone all in on real estate by pouring years of savings into buying as many … Continue reading
Addiction to deficit spending will be broken by choice or by force
Bill Gross, Co-CIO, founder & managing director at PIMCO, outlines America’s severe spending addiction in his latest investment outlook. Here is a direct link.
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Bair: “sue individual wrongdoers, take their money, put them in jail”
Sheila Bair, former chair of the FDIC, offers her own perspective on the civil suit by the New York attorney general against JPMorgan. Here is a direct link. There is no greater deterrent to fraudulent, reckless behavior than individual prosecution … Continue reading
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