Maybe the dirty secret is that this is about protecting the assets held by the Chinese, and thus their willingness to keep on lending...
As to bankers' remunerations, that has been discussed, but with no conclusive solution. In the long run, we're all dead. John Maynard Keynes
And Barclay's bank has a 95 million share stake in AIG that's lost almost 90% of its value in not so many days. That's a $2 billion loss, something like half of gross second quarter earnings.
The contagion is spreading. It looks like the Anglo disease may be a global epidemic at this point..... And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg
There are dots here to connect but, of course, few journalists qualified to connect them. Fai de bèn a Bertrand, te lou rendra en cagant
