Archive - May 12, 2010 - Blog entry
Imminent power centralization within the EU
Submitted by Cheeky Bastard on 05/12/2010 21:12 -0500USSR-ization of the EU can now officially begin.
Time to Update Canada's Pension System!
Submitted by Leo Kolivakis on 05/12/2010 21:07 -0500According to Jim Leech, president and CEO of the Ontario Teachers’ Pension Plan, the failure of pension plan legislation and design to keep up with the times is hurting the ability of Canadians to prepare for retirement. He's right and it's high time we revamp Canada's pension system.
5 Signs The American Consumer Will Save The World
Submitted by Benjamin N. Dover III on 05/12/2010 19:58 -0500Nothing exceeds like American Express.
California Is More Likely to Default than Iceland or Iraq
Submitted by George Washington on 05/12/2010 17:45 -0500On the other hand ...
Futures charts May 13th
Submitted by Cheeky Bastard on 05/12/2010 16:15 -05005-minute Futures Charts + an open thread
Goldman Sachs and Helicopter Ben
Submitted by Econophile on 05/12/2010 14:36 -0500"The trading profits of the Street is just another way of measuring the subsidy the Fed is giving to the banks. It's a transfer from savers to banks."
When Will China's Bubble Burst?
Submitted by George Washington on 05/12/2010 13:13 -0500Has it already started?
The Greek Bank Tear Sheet is Now Available to the Public
Submitted by Reggie Middleton on 05/12/2010 12:07 -0500I have decided to release the Greek Banking Fundamental Tear Sheet to the public. It was released as a summary of a more verbose document designed to inform subscribers which of the Greek banks we felt were worth putting short positions on as of 02/17/2010.
How the US Has Perfected the Use of Economic Imperialism Through the European Union!
Submitted by Reggie Middleton on 05/12/2010 06:51 -0500How many of those Greek, Portuguese, Irish and Spanish bondholders have factored the near guaranteed "additional" haircut (/scalping) they will receive having to stand behind the IMF in the event of a (probably guaranteed) default or restructuring? Do you think the investors of European banks (that includes central banks) that are holding/and currently still buying a boat load of these bonds have factored this into their valuations?
