Hints and tips:
...Those comparisons are mostly baloney. Unlike ships’ captains who risked everything, managers of even a medium-sized fund receive tens of millions of dollars a year in fixed management fees....
...The ERG was founded in 1993 by Sir Michael Spicer, a Tory MP concerned about the Maastricht treaty that created the basis for the EU in its present form....
...Yet, as Wirecard reported positive Ebitda — which later turned out to be utter baloney — over the past decade, it wouldn’t do much to help the Dax escape being duped by another suspect enterprise....
...A brokered convention — perhaps bankrolled by Michael Bloomberg — then looms. In case anyone mistakes this note for a hard prediction, let me double underline: anything could happen....
...When reading The Big Short, Michael Lewis’s 2010 book on the iconoclastic outsiders who saw the financial crisis coming, he was struck by the story of Michael Burry, a hedge fund manager who belatedly realised...
...“Don’t come in here and give us a load of baloney,” he warned Asda boss Roger Burnley. “Because this is baloney.” And Mr Parish looked like a man who knew his transatlantic sausage varieties....
...(Lewis imagines the movie version staring Sacha Baron Cohen as Danny and either Michael Fassbender or Christian Bale as Amos)....
...Michael Fuchs, a senior MP in Ms Merkel’s ruling CDU party, was among those warning about the effects of Mr Johnson’s claims....
...It would be easy to dismiss his comments as top-of-the-cycle baloney....
...“The attempt by some people to rewrite the financial crisis as being one of those unfortunate accidents, a perfect storm . . . is total baloney.”...
...“The diet in a generation went from fresh fish and buffalo stew to baloney sandwiches and Kool-Aid....
...“For them [the White House] to claim that we didn’t have awareness of it is just baloney,” Mr Brown said....
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