Wednesday, #13
Obvious news of the day, after 17 years in office, Berlusconi stepped down as prime minister of Italy. Time to remember and honor his service, thought the BBC and created a page listing quotes of the...
View ArticleJapan’s recursive debt dilemma; Papandreou’s mother evaded taxes on €550m
The morning news sang the song of positive Chinese manufacturing data as the savior of the world economy. Quietly, in the background, the CEO of the Bank of Tokyo pointed at the systemic risk deriving...
View ArticleFed stress test: why the world is better now than in 2008
Today’s headline story is the results of the Fed’s annual bank stress test - and how Goldman Sachs and Morgan Stanley would be torn to pieces in the unlikely event of a loss of cabin pressure. If...
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