Global Investing

from MacroScope:

Is that a bailout in your pocket?

May 1, 2012

´╗┐There was an awkward moment of tension at the Milken Global Conference in Los Angeles, when a buysider on one panel asked a Wall Street banker whether he had pocketed taxpayers' bailout cash.

from MacroScope:

The nuclear option for financial crises

May 10, 2010

They finally realised how serious it was. With stock markets tumbling, bond yields on vulnerable debt blowing out and the euro in danger of failing its first big stress test,  the European Union and International Monetary Fund came out with a huge rescue plan.