worldspy -
19.04.12 19:55
This is so pathetic, it is beyond words:
US SEC EXPECETED TO VOTE ON POSSIBLE CHARGES AGAINST RATING FIRM EGAN JONES ON THURSDAY - RTRS
POSSIBLE CHARGES STEM FROM ALLEGED WILFUL MISTATEMENTS ON EGAN JONES' REGULATORY APPLICATION WITH SEC - RTRS
If nothing else, it explains the recent WSJ hit piece against Egan, just so it can make the public...
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The Porn Addicts Formerly Known As The SEC Take Their Vendetta With ...
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The Birth Of Barter: How One Greek Town Dropped The Euro And Moved On
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worldspy -
18.04.12 22:19
Greece was the first country to defect from the non-default game theory regime of the European Union (a move which ultimately will be in its great benefit, as it is forced, very shortly, to default higher and higher into the 177% of GDP secured debt, until finally even the Troika's DIP loan is impaired).
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Does Obama Pay Less Taxes Than His Secretary?
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worldspy -
13.04.12 17:32
Courtesy of the class division SWAT team, we already know all too well that Buffett had a lower tax rate than this secretary. We however have a question: according to just released data, the Obama's paid $789,674 in taxes in 2011...
OBAMAS PAID 20.5% IN TAXES ON $789,674 IN 2011
From Bloomberg: "President Obama, wife Michelle had adjusted gross... mehr bei zerohedge.com -
A Glimpse Of What Is Really Happening In China
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worldspy -
12.04.12 21:52
Earlier today, the Chinese Internet (yes, it is its own category) experienced a glitch in the matrix. Whether this is due to further potential confusion over the fate of Bo Xilai (and/or any rumors of a concurrent/past/future military coup), or just overall confusion as to what is actually happening in the country, or simply mere censorship gone...
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Handelsblatt Warns Insufficient PSI Participation Will Lead To Greek ...
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worldspy -
14.02.12 16:49
A few weeks ago, some of the more naive media elements reported that Greece has "all the cards" in its negotiations with private creditors, a topic we had the pleasure of deconstructing in its entirety to its constituent flaws? Well, a day ahead of the February 15 Eurozone meeting at which Greece's fate is finally supposed to be settled, things...
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Is Obama's Peace Prize About To Be Confiscated? Nobel Peace Prize ...
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worldspy -
05.02.12 20:00
The announcement of Obama's recognition by the Nobel Peace Prize committee in 2009 seemed, to many, more like an 'Onion-worthy' headline than reality but now, as The Associated Press reports, it seems the officials face a formal inquiry over the selection criteria that could rescind the last three years' awards.
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This Is Europe's Scariest Chart
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worldspy -
30.01.12 19:16
Surging Greek and Portuguese bond yields? Plunging Italian bank stocks? The projected GDP of the Eurozone? In the grand scheme of things, while certainly disturbing, none of these data points actually tell us much about the secular shift within European society, and certainly are nothing that couldn't be fixed if the ECB were to gamble with...
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Currency Wars - Iran Banned From Trading Gold and Silver
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worldspy -
23.01.12 14:27
From GoldCore
Currency Wars - Iran Banned From Trading Gold and Silver
Gold’s London AM fix this morning was USD 1,675.00, GBP 1,076.55, and EUR 1,294.94 per ounce.
Friday's AM fix was USD 1,646.00, GBP 1,064.68, and EUR 1,274.29 per ounce.
Cross Currency Table - Bloomberg
Gold has risen in all currencies today and bullion up nearly 1 % to ... mehr bei zerohedge.com -
Deutsche Bank Again Under Fire From Internal Whistleblower Accusing Bank ...
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worldspy -
19.01.12 18:16
Back In May 2009 Zero Hedge was the only website to post (following a NYT Dealbook takedown for reasons unknown) the lament of one, now former, Deutsche Bank employee and whistleblower, Deepak Moorjani, who made it very clear that going all the way back to 2006, Deutsche Bank was allegedly fabricating data, and misleading investors about its...
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Market Implies Greek Devaluation To 1530 Drachma Versus Euro
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worldspy -
12.01.12 20:53
On the day when Greek 1Y yields broke above 400% for the first time, a consideration of just what Greece would look like post-exit is perhaps fruitful. Looking at hypothetical forward rates (generated from covered interest rate parity between EURUSD FX and EMU sovereign interest rates), MSCI has an interesting analysis of what a decoupled Drachma...
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