The problem with Felix's analysis is that while the Eur/Yen cross is at an historically competitive level price wise it is not based on the current conditions in Europe---uber unemployment and the initiating of austerity budgets---not all environments are the same
Why Treasury Is Being So Nice To AIG [View article]
I am thinking that the Chinese Investment Corporation should be buying AIG directly from the Treasury---it makes great sense and then put Hank Greenberg in as Chairman---AIG was born in Shanghai so it makes perfect sense---Yra Harris
Don't Worry About Currency Wars [View article]
Why Treasury Is Being So Nice To AIG [View article]