August 2010
An onerous tax on banks proposed by the Hungarian government can only further damage an already weakened economy.
August 2010
Europe’s financial institutions must realize that the price of issuance is unlikely to improve any time soon.
August 2010
Private equity firms have large amounts they need to put to work, so market discipline might be sorely tested over the next few years.
August 2010
Russian bank IIB’s default on a Eurobond pinpoints the Russian state’s power to make or break businesses.
August 2010
US legislation regulating rating agencies should bring healthy competition to the market – if newcomers can meet the costs involved.
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August 2010
I am involved in a spat with the sisterhood.
August 2010
Tough times lie ahead for the financially challenged parts of the eurozone. But the rapid rebound in other eurozone countries will sustain Europe’s Economic and Monetary Union, as will Germany’s determination to export fiscal rectitude.
August 2010
Currency debasement and inflation have ultimately been bad news for men of modest means. Lincoln Rathnam learns lessons from the history of Emperor Diocletian on why our present penchant for McMansions might point to an Appalachian future.
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