Hints and tips:
...The former hairdresser was convicted of money laundering in 2014 and is on bail pending an appeal....
...Spain is unique among the aforementioned group in that the amount of capital necessary to bail out this country is likely beyond the ken of the EU/IMF, and will likely assure a contagion effect....
...The Fed did buy junk as part of its Bear Stearns bail-out....
...Some of the professionals who handle administration proceedings are likely to have done well and will probably continue to do so....
...Their AAA ratings, already devalued by investors, have been lost in many cases, and new entrants such as Berkshire Hathaway, with solid AAAs, are likely to take much of their market share....
...Germany will not want to bail out Greece for example. Also, QE is the right medicine, and more may be necessary – but Banks/Governments may be nervous about being even bolder and doing more....
...Mark Tyler, Asbury Park, NJ Professor Donald Kettl: Any stimulus package is going to have some inflationary spark....
...Throw into the mix more than 250,000 new residents who arrive in Dubai every year as the roaring economy sucks in labourers, white-collar workers and western professionals....
...It is widely agreed that neither the Federal Reserve nor the government should bail out individual borrowers or lenders whose past mistakes have created losses....
...“I have heard these changes are called the Shinsei Tax,” said one Japanese investment professional....
International Edition