financial news

Finance and Economy Wall Street Makes It Hard to Earn Legal Living: Alice Schroeder - Bloomberg.com FT Alphaville - FDIC saves securitisation BBC NEWS - Russian economy growing strongly Henry Kaufman: The Real Threat to Fed…

FT.com - Lloyds raises new capital target as bondholders warm to CoCos (sounds like good investor appetite for Lloyd's) FT.com - Dollar knocked by China renminbi hints (Chinese showing they could revalue just before Obama arrives)…

Bear Juror Says U.S. Case So Weak She’d Invest With Defendants - Bloomberg.com Russia Warns of Gas Crisis as Ukraine Faces Financial Turmoil - Bloomberg.com Staatsbank HRE verliert 1,7 Milliarden Euro - Spiegel Online WNYC -…

Financial Armageddon: In-Your-Face Influence Peddling FT.com - Not all bubbles present a risk to the economy (Blinkered Fed thinking on asset bubbles. Reminiscent of the Greenspan era.) Fitch Says U.K. Rating Most at Risk Among…

I am feeling fairly ill so posting will be light today. Hopefully, I will back in shape tomorrow. VIDEO: Former Brit Ambassador Craig Murray Says UK and USA Sent Prisoners to Uzbekistan for Torture Part 1 Patrick J. Buchanan…

FTD.de | Erinnerungen an den Mauerfall: Merkel hat nach der Sauna rübergemacht Top brains shun Ireland as smart economy withers - Independent.ie  (Science funding is drying up) Bank of Ireland set for state ownership - Independent.ie…

Warren Buffett And The G20 - The Baseline Scenario On dollars, commodities, China, imbalances and oligarchs A close look at the new antitrust allegations against Intel - Ars Technica Intel paid dell to limit AMD shipments. G20…

David Michael Green: Can You Hear Us Now? We still want change. Hat tip Lavrenti. Marc Faber has short term concerns about commodities, says gold may drop to US$800 - Business Intelligence Middle East Is this rally over the top…

Be sure to see William Shatner’s poetic reading of Levi Johnston’s tweets below. Pretty funny. Buffett Revisits Hunting Ground for Survivors: Alice Schroeder - Bloomberg.com "Buffett isn’t as bullish as he sounds." Clever…

I was interviewed on the BBC last night about the GM/Opel/Vauxhall deal. I am waiting for video before posting any more about it.  My general feeling, however is GM’s backing out is being driven by reflation as GM no longer needs to…