Category Archives: Main Page

Rate rigging and front-running clients in the ‘wild west’ of bank trading

Ho hum…every major asset market in the world is unfairly manipulated and rigged by a few at the expense of the many in our wild west financial system. Quite a cesspool on our hands. So much for efficient markets and … Continue reading →

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Global rescession likely in 2014

This is a rare brave call from a big firm strategist. He will not be loved at the office. State Street Bank & Trust’s Fred Goodwin discusses the likelihood of a global recession in 2014. Here is a direct link.

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Citigroup blowing up encore?

Well it has been 5 years since the banks were last begging at the taxpayer till…which historically means they are due back any day now for their next tranche of bailout. And since nothing at all has changed their risk-seeking-on-leverage … Continue reading →

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