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Frontrunning: December 2
- RBS Says ‘Restrictive’ Bonuses May Prompt Staff Exits (Bloomberg)
- The Nobel peace prize winner escalates inherited war (Bloomberg)
- Roubini's bubbles float on flimsy credit source (Bloomberg)
- As repeatedly highlighted on Zero Hedge, devaluations threaten a trade war (FT)
- Who would want to be a Vampire Squid at Christmas (Telegraph)
- More posturing out of Japan: Yen falls after PM Hatoyama says currency must be dealt with (Bloomberg)
- Goldman's BRIC decoupling deja vu: sees China surging, etc (MarketWatch)
- The last great dollar crisis (WSJ)
- Why a declining dollar is bad for the economy (Value Expectations)
- Those Germans and their strong euro must love this: Daimler moving some C-Class production to Alabama (AP)
- Russia must cut rate 2% this month to avoid ruble volatility, former IMF member says (Bloomberg)
- Bonds are a risky investment with inflation set to explode (Forbes)
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It appears that the Nobel "Piece Prize" should have gone to Tiger Woods! :)
Well done LoneStarHog.
If W had just stayed in office a little longer he would have gotten it. What an idiot!
Anybody else hear MSNBC tearing Barry O a new one for three full hours last night? One of the three mainstays, Rachel Madow, not only pointed out that Barry is a quickly growing incarnation of Dubya (the "Bush Doctrine"), but suggested that he's taken war-mongering insanity to the next level by fighting a new war in Pakistan via the "Fifth Military Service" of the CIA (drones, etc.), one that is accountable to no one in elective government.
Barry's problems are just beginning.
As I parent, I will never be able to understand why anyone would name their son Rachel.
Squid stock has been sooo weak lately. Perhaps it's because of those nasty SUBPOENAS it was recently served by the SEC for INSIDER TRADING.
Goldman issued this statement:
"Goldman Sachs has robust policies and procedures in place to detect suspicious trading activity. If we detect suspicious activity of any kind, as required by law, we report it to the appropriate authorities," a company spokesman said.
http://online.wsj.com/article/SB10001424052748704107104574569974247977670.html?mod=WSJ_hpp_sections_markets
Yea LoL, Goldman reports all suspicious activities directly to Adam.
http://www.huffingtonpost.com/2009/10/16/adam-storch-sec-hires-exg_n_323...
This is going to damage thier hentai tentacle sex operations.
LOL!
"RBS Says ‘Restrictive’ Bonuses May Prompt Staff Exits"
This is an interesting alternative reality article. Clearly the munchkins of the Wizard of Oz don't expect the gravy train to stop anytime soon or they would be more worried about their jobs than their "restrictive" bonuses.
This does not bode well for those of us expecting the world to wake up.
Good. Let the staff exit and good luck finding another job. Win Win for RBS.
Translation: CEO wants big bonus and to strip out any remaining gold before the titanic goes down. Can't say that, so "restrictive bonuses may prompt staff exits" sounds like he is concerned for his employees.
LOL
I always forget to hit the "translate" button on my Star Trek universal translator. I suspect it's because they're speaking "English" but my translator is defaulted for "King's English" and not "English King's."
Now how do I navigate to the default settings menu? Time to get my 5 year old over here to figure this out.
Love the Giant Squid in the parade.
http://www.youtube.com/watch?v=zZIRCyrYEVg
Should have been in the Macy's Day Parade.
Republic of Ireland government capitulates to public-sector unions, may miss spending targets in next week's Budget. http://www.independent.ie/opinion/columnists/brendan-keenan/brendan-keen...
"Those Germans and their strong euro must love this: Daimler moving some C-Class production to Alabama"
Thats why the responsible poeple in the US have decided to weaken the dollar. With a weak dollar the US exports will rise ;).
Exports... LOL.
All vehicles will not come with a standard issue gun rack and a holder for a 20 fl oz beer...
30,000 troops to Afghanistan is called "an Exit Strategy" by Obama!??? ROFL
SO IF THE PAY bankers' packages were similar around the world at all the banks and investment firms then they would not leave right?
You won't find them running to France where the Execs make SEVEN TIMES LESS than their counterparts in the Untied States.
I could be wrong but I have always thought the definition of 'retention $' is hush $. Why else so few substantive leaks?
I could be wrong but I have always thought the definition of 'retention $' is hush $. Why else so few substantive leaks?
I could be wrong but I have always thought the definition of 'retention $' is hush $. Why else so few substantive leaks?
RBS........
honestly, who fucking cares ?