Monthly Archives: March 2013

Cyprus Tax: “Blowing capitalism’s brains out”

Posted on March 19, 2013 by Danielle Park

The latest Cyprus “deposit tax” fiasco is just the next step in 5 years of wrong-headed global policy moves which have continually moved to preserve and support private investors (bond and stockholders) in bankrupt financial institutions at the expense of … Continue reading →

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HFT “market maker” wild west continues

Posted on March 18, 2013 by Danielle Park

Bart Chilton, Commodities Futures Trading Commission, explains why he’s going after a high frequency trading practice (HFT) that artificially boosts volume. Here is a direct link.

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Cyprus bailout reminds of EU risks and coupled global markets

Posted on March 18, 2013 by Danielle Park

Mohamed El-Erian, Pimco CEO and co-CIO, discusses the controversial bailout plan for Cyprus which would tax bank deposits, and explains how the proposal has inflamed the situation by including small depositors. Here is a direct link. Also see El-Erian’s summary … Continue reading →

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