Category Archives: Main Page

Good discussion here on the need to hold capitalism accountable by forcing risk takers to take their losses with capital and personal risk in the system. Letting reckless players take excessive upside and escape the correcting downside is how we got the crash … Continue reading →

“Is there a global tipping point for frustration? Everywhere, it seems, people said they’d had enough,” Time Editor Rick Stengel said in a statement. “They dissented; they demanded; they did not despair, even when the answers came back in a … Continue reading →

The markets have already told us that Europe currently has a broken monetary system, according to Kyle Bass, Hayman Capital Management managing partner. An important point is reiterated in this interview: bond write downs will mean losses to the bank … Continue reading →