US Comptroller of Currency COMPLETE Captive of TBTF Banks


As we’ve often pointed out, reading the New York Times is almost always a bit of a hermeneutic experience …

The “official” news is usually at the top, followed by the necessary background, [br]

but it’s only towards the end that you get at what’s REALLY going on … 😉 …

China: Rio Tinto Convictions Imply Belief in Continued Growth


30 March 2010. By David Caploe PhD, Chief Political Economist, EconomyWatch.com

When four executives from Rio Tinto, the giant Anglo-Australian mining company, were arrested last July on charges of stealing commercial secrets, as well as taking and receiving bribes from Chinese officials, [br]

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Chinese Company Geely To Buy Volvo, Swedish Car Icon


The purchase of Volvo, one of Europe’s most storied brands, shows how China has emerged not just as the largest auto market by number of vehicles sold in the last year,

but also as a country determined to capture market share around the globe.

Potential Downside of Google “Exit” for China Internet Giants


While the Google / Chinese government drama is far from played out,

one aspect of the situation that hasn’t received much attention are the potential implications for China’s own Internet giants.

Obviously, access to China’s huge domestic market is a key prize in the global media sweepstakes, [br]

Lehman & Repo 105 = Goldman & Greece: The Global Finance System Has Irreversibly Failed


15 March 2010.

Even for freaks like us, a nine-volume, 2200 page report – like the one analyzing the Black September 2008 collapse of Lehman Bros, compiled under the direction of court-appointed Bankruptcy Trustee Anton Valukas, former Federal prosecutor & chair of the Chicago corporate law firm Jenner & Block – is a bit much to swallow in one bite.

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