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Euro now below $1.30, Greece 2yr debt still at 14%. Crisis not remotely averted yet — Reuters
Where are the criminal prosecutions of bankers? Are regulators and the FBI asleep? Or was there no crime there? — HuffPo Investigative Fund
Lazard Confirms It Is Advising Greece — Dealbook
Is Gary Gensler to the left of the White House when it comes to derivatives reform? — TNR
Teitelman scores some good points against Buffett — Deal
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Care to summarize the Teitelman stuff, Felix? It’s all behind a license wall.
==Bob
Great article you mention…*Too Big to Jail” was interesting perpective and insight as to why no criminal charges hasve been laid to date… here is one reason, when comparing to the S&L schemes.
“This time, lending executives may have encouraged the making of bad loans, but they generally did not personally approve the loans, Tillman said. They didn’t send emails telling the troops to make fraudulent loans but paid big commissions to loan offers who made risky loans. Then the executives were able to reap huge bonuses for making the company look so profitable.”
http://huffpostfund.org/stories/2010/05/ too-big-jail#ixzz0n4mo0IzK
Bob, it’s fixed now, sorry about that.