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Canadian Housing Bubble About to Burst Too ???
We began this week by talking about some disturbing signs that the Chinese housing bubble is perhaps about to burst. We began this week by talking about some disturbing...
Oil Slickonomics – A Realistic Analysis of Gulf Disaster Impact from US Energy Investor
Aside from our "structural" observation that President Obama's perceptible "indifference" to the Gulf oil spill disaster is all too reminiscent Aside from our "structural" observation that President Obama's perceptible...
UK Fines JP Morgan Nearly $50 Million for Not “Ringfencing” Client Money
U.S. investment bank JP Morgan Securities Ltd has been fined a record 33.32 million pounds ($49.12 million) in Britain for failing to protect billions of dollars of client money...
Antitrust Regulators Watching Google – Albeit Uncertainly
IN the 1990s, Gary Reback, a Silicon Valley lawyer, almost single-handedly brought the antitrust weight of the federal government down on that era’s high-tech heavyweight, Microsoft. Now Mr. Reback...
China UN-Blocking Porn Et Al ??? Why – and Why Now ???
Facebook gets blocked, and you can’t open a broadsheet without tripping over an in-depth report. But China seems to be in the middle of series of dramatic unblockings, and...
Big Setback for A.I.G. in Collapse of Deal Selling Asia Branch AIA
The American International Group scuttled the deal to sell its huge Asian life insurance arm, AIA, to Prudential of Britain for about $35 billion, in a major setback to...
AIG Could Be Whacked By Euro Debt Crisis
The waves of financial trouble rippling across Europe could end up splashing at least one American institution: the taxpayer-owned American International Group. A.I.G. has sought to unwind its derivatives...
“Naked Truth” on Default Swaps on Wall Street and Germany
Should people be able to bet on your death? How about your financial failure? In the United States Senate, Wall Street won one when the Senate voted down a...
Israel Joins OECD Just Before Intercepting Gaza-Bound Flotilla
The Organization for Economic Cooperation and Development, a 31-country group often seen as an exclusive club of rich countries, voted unanimously in early May to admit Israel, which was...
Turkish Gaza Aid Flotilla Attacked By Israeli Navy
Two of the most reliable news sources in the Middle East, Haaretz and Al Jazeera, are both reporting this morning that Israeli forces have attacked a Turkish aid flotilla...


