Monthly Archive: September 2014

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For instance, in one meeting a Goldman employee expressed …

For instance, in one meeting a Goldman employee expressed the view that “once clients are wealthy enough certain consumer laws don’t apply to them.” After that meeting, Segarra turned to a fellow Fed regulator and said how surprised she was by that statement – to which the regulator replied, “You didn’t hear that.” The Secret Goldman Sachs Tapes – Bloomberg View (View on gamamb.tumblr.com)

Maoists recognize the threat that an efficient – or …

Maoists recognize the threat that an efficient – or even minimally working – cellular network constitutes to their own security and survival, and have systematically attacked isolated mobile towers wherever possible. Why Militant Maoists Are Attacking Mobile Phone Towers in India · Global Voices (View on gamamb.tumblr.com)

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What we found was that bonds are where the …

What we found was that bonds are where the bubble has migrated to. This is not to say that the bond market bubble is about the burst — far from it — but that it is a necessary condition for maintaining the debt ladened financial system that has been the by-product of major crisis management over the last two decades. The worry is that there is nowhere left for this bubble to go given that it is now in the hands of the lenders of last resort (governments and central banks with regulators ensuring other large captive buyers). Deutsche Bank...

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