[credit provider=”Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:Archimedes_lever.png”] In a new report entitled Gold: Adjusting For Zero, Deutsche Bank analysts Daniel Brebner and Xiao Fu paint an incredibly dark picture of the bind the global economy is in right now.Brebner and Xiao are pretty frank about how levered up the financial system is at the […]
The white-collar crimes that lead major companies to collapse usually begin with seemingly minor ethical violations that spiral into something much bigger.
[credit provider=”CNBC screenshot”] The Commodity Futures Trading Commission, the main regular of derivatives (bets on bets), wants to extend Dodd-Frank regulations to the foreign branches and subsidiaries of Wall Street banks.Horror of horrors, say the banks.
If we are to live in a capitalist society—and deal with the financial sector in particular—then we must “[adopt] a more nuanced view of human nature,” Yale economist Robert Shiller writes in his new book, an excerpt of which was published today by Bloomberg.
[credit provider=”Bloomberg Television” url=”http://www.bloomberg.com/video/84868282/”] All eyes are on Greece as debt swap talks are still at an impasse, and the country inches closer to default.In a new interview with Bloomberg TV, Ken Rogoff, former chief economist at the IMF, notes that Europe isn’t prepared for a Greek default. But he […]