Citigroup's Derivatives Reduce Bailout to a Non-Event [View article]
"Those Wall Street analysts who are recommending long-Citigroup positions should bear in mind that derivative contracts originating in the developing world are also at risk of political intervention"
Couldn't resist - You are indeed talking about the political intervention, to the tune of $8 trillion in guarantees and bailouts, offered by the US government? Perhaps we should be called the regressing world. The real risk is the day when OUR government says "enough is enough". Soon, I hope.
Nationalizing the U.S. Banking Sector: There's No Choice [View article]
Citigroup's Derivatives Reduce Bailout to a Non-Event [View article]
Couldn't resist - You are indeed talking about the political intervention, to the tune of $8 trillion in guarantees and bailouts, offered by the US government? Perhaps we should be called the regressing world. The real risk is the day when OUR government says "enough is enough". Soon, I hope.